taxes Property Tax Assistance

2019 ISD Summary Worksheet

037-Cherokee

212-902/Bullard ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	254,413,320	0.9746	261,043,833	254,413,320
B. MULTIFAMILY RESIDENCES	3,420,380	N/A	3,420,380	3,420,380
C1. VACANT LOTS	20,910,804	0.9207	22,711,854	20,910,804
D1. QUALIFIED AG LAND	2,392,510	1.0490	2,280,708	2,392,510
D2. REAL PROP:FARM & RANCH	2,270,170	N/A	2,270,170	2,270,170
E. REAL PROP NONQUAL ACREAGE	82,536,000	0.9767	84,504,966	82,536,000
F1. COMMERCIAL REAL	13,713,615	N/A	13,713,615	13,713,615
F2. INDUSTRIAL REAL	1,203,050	N/A	1,203,050	1,203,050
G. OIL,GAS,MINERALS	886,836	N/A	886,836	886,836
J. UTILITIES	6,192,530	N/A	6,192,530	6,192,530
L1. COMMERCIAL PERSONAL	4,452,560	N/A	4,452,560	4,452,560
L2. INDUSTRIAL PERSONAL	32,117,460	N/A	32,117,460	32,117,460
M. MOBILE HOMES	2,654,510	N/A	2,654,510	2,654,510
O. RESIDENTIAL INVENTORY	2,714,546	N/A	2,714,546	2,714,546
Subtotal	429,878,291	0	440,167,018	429,878,291
Less Total Deductions	54,381,797	0	57,046,609	54,381,797
Total Taxable Value	375,496,494	0	383,120,409	375,496,494

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
384,536,861	375,496,494	384,536,861	375,496,494

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
9,040,367	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
384,536,861	375,496,494	384,536,861	375,496,494

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

212-902-02/Bullard ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	254,413,320	0.9746	261,043,833	254,413,320
B. MULTIFAMILY RESIDENCES	3,420,380	N/A	3,420,380	3,420,380
C1. VACANT LOTS	20,910,804	0.9207	22,711,854	20,910,804
D1. QUALIFIED AG LAND	2,392,510	1.0490	2,280,708	2,392,510
D2. REAL PROP:FARM & RANCH	2,270,170	N/A	2,270,170	2,270,170
E. REAL PROP NONQUAL ACREAGE	82,536,000	0.9767	84,504,966	82,536,000
F1. COMMERCIAL REAL	13,713,615	N/A	13,713,615	13,713,615
F2. INDUSTRIAL REAL	1,203,050	N/A	1,203,050	1,203,050
G. OIL,GAS,MINERALS	886,836	N/A	886,836	886,836
J. UTILITIES	6,192,530	N/A	6,192,530	6,192,530
L1. COMMERCIAL PERSONAL	4,452,560	N/A	4,452,560	4,452,560
L2. INDUSTRIAL PERSONAL	32,117,460	N/A	32,117,460	32,117,460
M. MOBILE HOMES	2,654,510	N/A	2,654,510	2,654,510
O. RESIDENTIAL INVENTORY	2,714,546	N/A	2,714,546	2,714,546
Subtotal	429,878,291		440,167,018	429,878,291
Less Total Deductions	54,381,797		57,046,609	54,381,797
Total Taxable Value	375,496,494		383,120,409	375,496,494

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
384,536,861	375,496,494	384,536,861	375,496,494

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
9,040,367	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
384,536,861	375,496,494	384,536,861	375,496,494

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