taxes Property Tax Assistance

2019 ISD Summary Worksheet

070-Ellis

070-905/Ferris ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 382,559,983 1.0021 381,758,291 382,559,983
B. MULTIFAMILY RESIDENCES 6,974,620 N/A 6,974,620 6,974,620
C1. VACANT LOTS 10,120,268 N/A 10,120,268 10,120,268
D1. QUALIFIED AG LAND 7,125,537 1.7307 4,117,214 7,125,537
D2. REAL PROP:FARM & RANCH 2,693,567 N/A 2,693,567 2,693,567
E. REAL PROP NONQUAL ACREAGE 93,654,682 1.0127 92,480,184 93,654,682
F1. COMMERCIAL REAL 31,686,759 N/A 31,686,759 31,686,759
F2. INDUSTRIAL REAL 5,411,848 N/A 5,411,848 5,411,848
J. UTILITIES 18,694,369 N/A 18,694,369 18,694,369
L1. COMMERCIAL PERSONAL 13,859,340 N/A 13,859,340 13,859,340
L2. INDUSTRIAL PERSONAL 15,917,880 N/A 15,917,880 15,917,880
M. MOBILE HOMES 10,657,418 N/A 10,657,418 10,657,418
O. RESIDENTIAL INVENTORY 2,565,630 N/A 2,565,630 2,565,630
S. SPECIAL INVENTORY 114,050 N/A 114,050 114,050
Subtotal 602,035,951 0 597,051,438 602,035,951
Less Total Deductions 125,835,128 0 125,562,870 125,835,128
Total Taxable Value 476,200,823 0 471,488,568 476,200,823

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
492,907,452 476,200,823 492,907,452 476,200,823


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
16,706,629 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
492,907,452 476,200,823 492,907,452 476,200,823

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

070-905-02/Ferris ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 382,559,983 1.0021 381,758,291 382,559,983
B. MULTIFAMILY RESIDENCES 6,974,620 N/A 6,974,620 6,974,620
C1. VACANT LOTS 10,120,268 N/A 10,120,268 10,120,268
D1. QUALIFIED AG LAND 7,125,537 1.7307 4,117,214 7,125,537
D2. REAL PROP:FARM & RANCH 2,693,567 N/A 2,693,567 2,693,567
E. REAL PROP NONQUAL ACREAGE 93,654,682 1.0127 92,480,184 93,654,682
F1. COMMERCIAL REAL 31,686,759 N/A 31,686,759 31,686,759
F2. INDUSTRIAL REAL 5,411,848 N/A 5,411,848 5,411,848
J. UTILITIES 18,694,369 N/A 18,694,369 18,694,369
L1. COMMERCIAL PERSONAL 13,859,340 N/A 13,859,340 13,859,340
L2. INDUSTRIAL PERSONAL 15,917,880 N/A 15,917,880 15,917,880
M. MOBILE HOMES 10,657,418 N/A 10,657,418 10,657,418
O. RESIDENTIAL INVENTORY 2,565,630 N/A 2,565,630 2,565,630
S. SPECIAL INVENTORY 114,050 N/A 114,050 114,050
Subtotal 602,035,951 597,051,438 602,035,951
Less Total Deductions 125,835,128 125,562,870 125,835,128
Total Taxable Value 476,200,823 471,488,568 476,200,823

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
492,907,452 476,200,823 492,907,452 476,200,823


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
16,706,629 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
492,907,452 476,200,823 492,907,452 476,200,823

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