taxes Property Tax Assistance

2019 ISD Summary Worksheet

038-Childress

038-901/Childress ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 105,035,808 0.9690 108,396,087 105,035,808
B. MULTIFAMILY RESIDENCES 3,758,099 N/A 3,758,099 3,758,099
C1. VACANT LOTS 2,361,944 N/A 2,361,944 2,361,944
D1. QUALIFIED AG LAND 28,014,610 0.8916 31,419,177 28,014,610
D2. REAL PROP:FARM & RANCH 3,803,253 N/A 3,803,253 3,803,253
E. REAL PROP NONQUAL ACREAGE 28,369,841 0.8906 31,854,751 28,369,841
F1. COMMERCIAL REAL 49,402,143 0.9811 50,353,830 49,402,143
F2. INDUSTRIAL REAL 520,712 N/A 520,712 520,712
G. OIL,GAS,MINERALS 589,650 N/A 589,650 589,650
J. UTILITIES 200,509,889 1.0587 189,392,547 200,509,889
L1. COMMERCIAL PERSONAL 25,177,539 0.9631 26,142,186 25,177,539
L2. INDUSTRIAL PERSONAL 7,629,089 N/A 7,629,089 7,629,089
M. MOBILE HOMES 1,077,110 N/A 1,077,110 1,077,110
S. SPECIAL INVENTORY 1,263,184 N/A 1,263,184 1,263,184
Subtotal 457,512,871 0 458,561,619 457,512,871
Less Total Deductions 49,678,818 0 50,631,231 49,678,818
Total Taxable Value 407,834,053 0 407,930,388 407,834,053

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
420,250,745 407,834,053 420,250,745 407,834,053


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
12,416,692 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
420,250,745 407,834,053 420,250,745 407,834,053

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

038-901-02/Childress ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 105,035,808 0.9690 108,396,087 105,035,808
B. MULTIFAMILY RESIDENCES 3,758,099 N/A 3,758,099 3,758,099
C1. VACANT LOTS 2,361,944 N/A 2,361,944 2,361,944
D1. QUALIFIED AG LAND 28,014,610 0.8916 31,419,177 28,014,610
D2. REAL PROP:FARM & RANCH 3,803,253 N/A 3,803,253 3,803,253
E. REAL PROP NONQUAL ACREAGE 28,369,841 0.8906 31,854,751 28,369,841
F1. COMMERCIAL REAL 49,402,143 0.9811 50,353,830 49,402,143
F2. INDUSTRIAL REAL 520,712 N/A 520,712 520,712
G. OIL,GAS,MINERALS 589,650 N/A 589,650 589,650
J. UTILITIES 200,509,889 1.0587 189,392,547 200,509,889
L1. COMMERCIAL PERSONAL 25,177,539 0.9631 26,142,186 25,177,539
L2. INDUSTRIAL PERSONAL 7,629,089 N/A 7,629,089 7,629,089
M. MOBILE HOMES 1,077,110 N/A 1,077,110 1,077,110
S. SPECIAL INVENTORY 1,263,184 N/A 1,263,184 1,263,184
Subtotal 457,512,871 458,561,619 457,512,871
Less Total Deductions 49,678,818 50,631,231 49,678,818
Total Taxable Value 407,834,053 407,930,388 407,834,053

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
420,250,745 407,834,053 420,250,745 407,834,053


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
12,416,692 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
420,250,745 407,834,053 420,250,745 407,834,053

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