taxes Property Tax Assistance

2019 ISD Summary Worksheet

044-Collingsworth

242-902/Shamrock ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
D1. QUALIFIED AG LAND	768,532	N/A	768,532	768,532
D2. REAL PROP:FARM & RANCH	16,420	N/A	16,420	16,420
E. REAL PROP NONQUAL ACREAGE	704,000	N/A	704,000	704,000
G. OIL,GAS,MINERALS	856,760	N/A	856,760	856,760
J. UTILITIES	1,681,280	N/A	1,681,280	1,681,280
L2. INDUSTRIAL PERSONAL	34,270	N/A	34,270	34,270
Subtotal	4,061,262	0	4,061,262	4,061,262
Less Total Deductions	0	0	0	0
Total Taxable Value	4,061,262	0	4,061,262	4,061,262

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
4,061,262	4,061,262	4,061,262	4,061,262

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
0	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
4,061,262	4,061,262	4,061,262	4,061,262

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

242-902-02/Shamrock ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
D1. QUALIFIED AG LAND	768,532	N/A	768,532	768,532
D2. REAL PROP:FARM & RANCH	16,420	N/A	16,420	16,420
E. REAL PROP NONQUAL ACREAGE	704,000	N/A	704,000	704,000
G. OIL,GAS,MINERALS	856,760	N/A	856,760	856,760
J. UTILITIES	1,681,280	N/A	1,681,280	1,681,280
L2. INDUSTRIAL PERSONAL	34,270	N/A	34,270	34,270
Subtotal	4,061,262		4,061,262	4,061,262
Less Total Deductions	0		0	0
Total Taxable Value	4,061,262		4,061,262	4,061,262

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
4,061,262	4,061,262	4,061,262	4,061,262

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
0	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
4,061,262	4,061,262	4,061,262	4,061,262

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