taxes Property Tax Assistance

2019 ISD Summary Worksheet

059-Deaf Smith

180-902/Vega ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 64,970 N/A 64,970 64,970
D1. QUALIFIED AG LAND 7,738,970 1.0097 7,664,247 7,738,970
D2. REAL PROP:FARM & RANCH 1,025,870 1.1006 932,101 1,025,870
E. REAL PROP NONQUAL ACREAGE 6,127,460 1.0136 6,045,245 6,127,460
F1. COMMERCIAL REAL 356,970 N/A 356,970 356,970
F2. INDUSTRIAL REAL 3,566,230 N/A 3,566,230 3,566,230
J. UTILITIES 4,940,690 0.9845 5,018,476 4,940,690
L1. COMMERCIAL PERSONAL 168,480 N/A 168,480 168,480
L2. INDUSTRIAL PERSONAL 1,830,930 N/A 1,830,930 1,830,930
Subtotal 25,820,570 0 25,647,649 25,820,570
Less Total Deductions 1,651,542 0 1,651,542 1,651,542
Total Taxable Value 24,169,028 0 23,996,107 24,169,028

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
24,459,028 24,169,028 24,459,028 24,169,028


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
290,000 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
24,459,028 24,169,028 24,459,028 24,169,028

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

180-902-02/Vega ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 64,970 N/A 64,970 64,970
D1. QUALIFIED AG LAND 7,738,970 1.0097 7,664,247 7,738,970
D2. REAL PROP:FARM & RANCH 1,025,870 1.1006 932,101 1,025,870
E. REAL PROP NONQUAL ACREAGE 6,127,460 1.0136 6,045,245 6,127,460
F1. COMMERCIAL REAL 356,970 N/A 356,970 356,970
F2. INDUSTRIAL REAL 3,566,230 N/A 3,566,230 3,566,230
J. UTILITIES 4,940,690 0.9845 5,018,476 4,940,690
L1. COMMERCIAL PERSONAL 168,480 N/A 168,480 168,480
L2. INDUSTRIAL PERSONAL 1,830,930 N/A 1,830,930 1,830,930
Subtotal 25,820,570 25,647,649 25,820,570
Less Total Deductions 1,651,542 1,651,542 1,651,542
Total Taxable Value 24,169,028 23,996,107 24,169,028

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
24,459,028 24,169,028 24,459,028 24,169,028


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
290,000 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
24,459,028 24,169,028 24,459,028 24,169,028

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