taxes Property Tax Assistance

2019 ISD Summary Worksheet

067-Eastland

067-903/Eastland ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 177,040,040 N/A 177,040,040 177,040,040
B. MULTIFAMILY RESIDENCES 6,487,200 N/A 6,487,200 6,487,200
C1. VACANT LOTS 3,954,280 N/A 3,954,280 3,954,280
D1. QUALIFIED AG LAND 12,380,358 N/A 12,380,358 12,380,358
D2. REAL PROP:FARM & RANCH 11,138,710 N/A 11,138,710 11,138,710
E. REAL PROP NONQUAL ACREAGE 110,010,290 N/A 110,010,290 110,010,290
F1. COMMERCIAL REAL 83,769,310 N/A 83,769,310 83,769,310
F2. INDUSTRIAL REAL 14,357,570 N/A 14,357,570 14,357,570
G. OIL,GAS,MINERALS 8,863,160 N/A 8,863,160 8,863,160
J. UTILITIES 92,959,510 N/A 92,959,510 92,959,510
L1. COMMERCIAL PERSONAL 26,679,670 N/A 26,679,670 26,679,670
L2. INDUSTRIAL PERSONAL 74,255,480 N/A 74,255,480 74,255,480
M. MOBILE HOMES 4,767,960 N/A 4,767,960 4,767,960
S. SPECIAL INVENTORY 4,445,940 N/A 4,445,940 4,445,940
Subtotal 631,109,478 0 631,109,478 631,109,478
Less Total Deductions 91,154,236 0 91,154,236 91,154,236
Total Taxable Value 539,955,242 0 539,955,242 539,955,242

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
554,425,832 539,955,242 554,425,832 539,955,242


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
14,470,590 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
554,425,832 539,955,242 554,425,832 539,955,242

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

067-903-02/Eastland ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 177,040,040 N/A 177,040,040 177,040,040
B. MULTIFAMILY RESIDENCES 6,487,200 N/A 6,487,200 6,487,200
C1. VACANT LOTS 3,954,280 N/A 3,954,280 3,954,280
D1. QUALIFIED AG LAND 12,380,358 N/A 12,380,358 12,380,358
D2. REAL PROP:FARM & RANCH 11,138,710 N/A 11,138,710 11,138,710
E. REAL PROP NONQUAL ACREAGE 110,010,290 N/A 110,010,290 110,010,290
F1. COMMERCIAL REAL 83,769,310 N/A 83,769,310 83,769,310
F2. INDUSTRIAL REAL 14,357,570 N/A 14,357,570 14,357,570
G. OIL,GAS,MINERALS 8,863,160 N/A 8,863,160 8,863,160
J. UTILITIES 92,959,510 N/A 92,959,510 92,959,510
L1. COMMERCIAL PERSONAL 26,679,670 N/A 26,679,670 26,679,670
L2. INDUSTRIAL PERSONAL 74,255,480 N/A 74,255,480 74,255,480
M. MOBILE HOMES 4,767,960 N/A 4,767,960 4,767,960
S. SPECIAL INVENTORY 4,445,940 N/A 4,445,940 4,445,940
Subtotal 631,109,478 631,109,478 631,109,478
Less Total Deductions 91,154,236 91,154,236 91,154,236
Total Taxable Value 539,955,242 539,955,242 539,955,242

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
554,425,832 539,955,242 554,425,832 539,955,242


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
14,470,590 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
554,425,832 539,955,242 554,425,832 539,955,242

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