taxes Property Tax Assistance

2019 ISD Summary Worksheet

054-Crosby

054-903/Ralls ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 30,309,630 0.9849 30,774,322 30,309,630
B. MULTIFAMILY RESIDENCES 111,831 N/A 111,831 111,831
C1. VACANT LOTS 557,063 N/A 557,063 557,063
D1. QUALIFIED AG LAND 51,772,613 0.9657 53,614,056 51,772,613
D2. REAL PROP:FARM & RANCH 2,122,822 N/A 2,122,822 2,122,822
E. REAL PROP NONQUAL ACREAGE 14,366,254 1.0759 13,352,778 14,366,254
F1. COMMERCIAL REAL 4,652,908 N/A 4,652,908 4,652,908
F2. INDUSTRIAL REAL 9,360,835 N/A 9,360,835 9,360,835
G. OIL,GAS,MINERALS 36,468,120 1.0229 35,651,696 36,468,120
J. UTILITIES 9,191,950 0.9692 9,484,059 9,191,950
L1. COMMERCIAL PERSONAL 2,261,604 N/A 2,261,604 2,261,604
L2. INDUSTRIAL PERSONAL 6,219,674 N/A 6,219,674 6,219,674
M. MOBILE HOMES 879 N/A 879 879
Subtotal 167,396,183 0 168,164,527 167,396,183
Less Total Deductions 13,161,440 0 13,334,250 13,161,440
Total Taxable Value 154,234,743 0 154,830,277 154,234,743

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
157,852,065 154,234,743 157,852,065 154,234,743


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,617,322 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
157,852,065 154,234,743 157,852,065 154,234,743

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

054-903-02/Ralls ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 30,309,630 0.9849 30,774,322 30,309,630
B. MULTIFAMILY RESIDENCES 111,831 N/A 111,831 111,831
C1. VACANT LOTS 557,063 N/A 557,063 557,063
D1. QUALIFIED AG LAND 51,772,613 0.9657 53,614,056 51,772,613
D2. REAL PROP:FARM & RANCH 2,122,822 N/A 2,122,822 2,122,822
E. REAL PROP NONQUAL ACREAGE 14,366,254 1.0759 13,352,778 14,366,254
F1. COMMERCIAL REAL 4,652,908 N/A 4,652,908 4,652,908
F2. INDUSTRIAL REAL 9,360,835 N/A 9,360,835 9,360,835
G. OIL,GAS,MINERALS 36,468,120 1.0229 35,651,696 36,468,120
J. UTILITIES 9,191,950 0.9692 9,484,059 9,191,950
L1. COMMERCIAL PERSONAL 2,261,604 N/A 2,261,604 2,261,604
L2. INDUSTRIAL PERSONAL 6,219,674 N/A 6,219,674 6,219,674
M. MOBILE HOMES 879 N/A 879 879
Subtotal 167,396,183 168,164,527 167,396,183
Less Total Deductions 13,161,440 13,334,250 13,161,440
Total Taxable Value 154,234,743 154,830,277 154,234,743

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
157,852,065 154,234,743 157,852,065 154,234,743


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
3,617,322 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
157,852,065 154,234,743 157,852,065 154,234,743

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