taxes Property Tax Assistance

2019 ISD Summary Worksheet

037-Cherokee

037-901/Alto ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 39,397,061 0.9631 40,906,511 39,397,061
C1. VACANT LOTS 1,895,814 N/A 1,895,814 1,895,814
D1. QUALIFIED AG LAND 15,248,466 1.0581 14,410,680 15,248,466
D2. REAL PROP:FARM & RANCH 3,046,510 N/A 3,046,510 3,046,510
E. REAL PROP NONQUAL ACREAGE 73,637,517 0.9437 78,030,642 73,637,517
F1. COMMERCIAL REAL 6,680,170 N/A 6,680,170 6,680,170
F2. INDUSTRIAL REAL 333,980 N/A 333,980 333,980
G. OIL,GAS,MINERALS 10,898,158 1.0010 10,887,271 10,898,158
J. UTILITIES 11,821,030 1.7963 6,580,766 11,821,030
L1. COMMERCIAL PERSONAL 9,872,610 N/A 9,872,610 9,872,610
L2. INDUSTRIAL PERSONAL 5,976,540 N/A 5,976,540 5,976,540
M. MOBILE HOMES 2,166,110 N/A 2,166,110 2,166,110
S. SPECIAL INVENTORY 1,529,350 N/A 1,529,350 1,529,350
Subtotal 182,503,316 0 182,316,954 182,503,316
Less Total Deductions 31,584,097 0 32,874,562 31,584,097
Total Taxable Value 150,919,219 0 149,442,392 150,919,219

The taxable values shown here will not match the values reported by your appraisal district

See the ISD DEDUCTION Report for a breakdown of deduction values

Government code subsections 403.302(J) AND(K) require the Comptroller to certify alternative measures of school district wealth.These measures are reported for taxable values for maintenance and operation(M & O) tax purposes and for interest and sinking fund(I & S) tax purposes.For districts that have not entered into value limitation agreements, T1 through T4 will be the same as T7 through T10.

Value Taxable For M & O Purposes

T1 T2 T3 T4
156,241,234 150,919,219 156,241,234 150,919,219


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,322,015 0


T1 = School district taxable value for M & O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the additional $10,000 homestead exemption and the tax ceiling reduction


T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I & S Purposes

T7 T8 T9 T10
156,241,234 150,919,219 156,241,234 150,919,219

T7 = School district taxable value for I & S purposes before the loss to the additional $10, 000 homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the additional $10, 000 homestead exemption and the tax
ceiling reduction


T9 = T7 minus 50 % of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50 % of the loss to the local optional percentage homestead exemption

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

037-901-02/Alto ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 39,397,061 0.9631 40,906,511 39,397,061
C1. VACANT LOTS 1,895,814 N/A 1,895,814 1,895,814
D1. QUALIFIED AG LAND 15,248,466 1.0581 14,410,680 15,248,466
D2. REAL PROP:FARM & RANCH 3,046,510 N/A 3,046,510 3,046,510
E. REAL PROP NONQUAL ACREAGE 73,637,517 0.9437 78,030,642 73,637,517
F1. COMMERCIAL REAL 6,680,170 N/A 6,680,170 6,680,170
F2. INDUSTRIAL REAL 333,980 N/A 333,980 333,980
G. OIL,GAS,MINERALS 10,898,158 1.0010 10,887,271 10,898,158
J. UTILITIES 11,821,030 1.7963 6,580,766 11,821,030
L1. COMMERCIAL PERSONAL 9,872,610 N/A 9,872,610 9,872,610
L2. INDUSTRIAL PERSONAL 5,976,540 N/A 5,976,540 5,976,540
M. MOBILE HOMES 2,166,110 N/A 2,166,110 2,166,110
S. SPECIAL INVENTORY 1,529,350 N/A 1,529,350 1,529,350
Subtotal 182,503,316 182,316,954 182,503,316
Less Total Deductions 31,584,097 32,874,562 31,584,097
Total Taxable Value 150,919,219 149,442,392 150,919,219

The taxable values shown here will not match the values reported by your appraisal district

See the ISD DEDUCTION Report for a breakdown of deduction values

Government code subsections 403.302(J) AND(K) require the Comptroller to certify alternative measures of school district wealth.These measures are reported for taxable values for maintenance and operation(M & O) tax purposes and for interest and sinking fund(I & S) tax purposes.For districts that have not entered into value limitation agreements, T1 through T4 will be the same as T7 through T10.

Value Taxable For M & O Purposes

T1 T2 T3 T4
156,241,234 150,919,219 156,241,234 150,919,219


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
5,322,015 0


T1 = School district taxable value for M & O purposes before the loss to the additional $10, 000 homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the additional $10, 000 homestead exemption and the tax ceiling reduction


T3 = T1 minus 50 % of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50 % of the loss to the local optional percentage homestead exemption

Value Taxable For I & S Purposes

T7 T8 T9 T10
156,241,234 150,919,219 156,241,234 150,919,219

T7 = School district taxable value for I & S purposes before the loss to the additional $10, 000 homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the additional $10, 000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50 % of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50 % of the loss to the local optional percentage homestead exemption