taxes Property Tax Assistance

2019 ISD Summary Worksheet

070-Ellis

070-911/Red Oak ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 1,882,904,567 0.9704 1,940,338,589 1,882,904,567
B. MULTIFAMILY RESIDENCES 71,816,856 N/A 71,816,856 71,816,856
C1. VACANT LOTS 29,791,861 N/A 29,791,861 29,791,861
D1. QUALIFIED AG LAND 1,644,326 1.9688 835,211 1,644,326
D2. REAL PROP:FARM & RANCH 1,593,280 N/A 1,593,280 1,593,280
E. REAL PROP NONQUAL ACREAGE 64,360,041 N/A 64,360,041 64,360,041
F1. COMMERCIAL REAL 165,656,489 0.9342 177,324,437 165,656,489
F2. INDUSTRIAL REAL 136,763,430 N/A 136,763,430 136,763,430
J. UTILITIES 29,519,146 N/A 29,519,146 29,519,146
L1. COMMERCIAL PERSONAL 40,944,157 N/A 40,944,157 40,944,157
L2. INDUSTRIAL PERSONAL 232,516,820 N/A 232,516,820 232,516,820
M. MOBILE HOMES 5,296,190 N/A 5,296,190 5,296,190
O. RESIDENTIAL INVENTORY 39,228,344 N/A 39,228,344 39,228,344
S. SPECIAL INVENTORY 139,870 N/A 139,870 139,870
Subtotal 2,702,175,377 0 2,770,468,232 2,702,175,377
Less Total Deductions 643,483,534 0 658,243,761 643,483,534
Total Taxable Value 2,058,691,843 0 2,112,224,471 2,058,691,843

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
2,124,012,179 2,058,691,843 2,124,012,179 2,058,691,843


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
65,320,336 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
2,156,273,139 2,090,952,803 2,156,273,139 2,090,952,803

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

070-911-02/Red Oak ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 1,882,904,567 0.9704 1,940,338,589 1,882,904,567
B. MULTIFAMILY RESIDENCES 71,816,856 N/A 71,816,856 71,816,856
C1. VACANT LOTS 29,791,861 N/A 29,791,861 29,791,861
D1. QUALIFIED AG LAND 1,644,326 1.9688 835,211 1,644,326
D2. REAL PROP:FARM & RANCH 1,593,280 N/A 1,593,280 1,593,280
E. REAL PROP NONQUAL ACREAGE 64,360,041 N/A 64,360,041 64,360,041
F1. COMMERCIAL REAL 165,656,489 0.9342 177,324,437 165,656,489
F2. INDUSTRIAL REAL 136,763,430 N/A 136,763,430 136,763,430
J. UTILITIES 29,519,146 N/A 29,519,146 29,519,146
L1. COMMERCIAL PERSONAL 40,944,157 N/A 40,944,157 40,944,157
L2. INDUSTRIAL PERSONAL 232,516,820 N/A 232,516,820 232,516,820
M. MOBILE HOMES 5,296,190 N/A 5,296,190 5,296,190
O. RESIDENTIAL INVENTORY 39,228,344 N/A 39,228,344 39,228,344
S. SPECIAL INVENTORY 139,870 N/A 139,870 139,870
Subtotal 2,702,175,377 2,770,468,232 2,702,175,377
Less Total Deductions 643,483,534 658,243,761 643,483,534
Total Taxable Value 2,058,691,843 2,112,224,471 2,058,691,843

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
2,124,012,179 2,058,691,843 2,124,012,179 2,058,691,843


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
65,320,336 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
2,156,273,139 2,090,952,803 2,156,273,139 2,090,952,803

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