taxes Property Tax Assistance

2019 ISD Summary Worksheet

070-Ellis

070-915/Maypearl ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 260,458,907 0.9262 281,212,381 260,458,907
B. MULTIFAMILY RESIDENCES 1,675,213 N/A 1,675,213 1,675,213
C1. VACANT LOTS 2,913,957 N/A 2,913,957 2,913,957
D1. QUALIFIED AG LAND 4,720,754 2.9823 1,582,911 4,720,754
D2. REAL PROP:FARM & RANCH 7,130,220 N/A 7,130,220 7,130,220
E. REAL PROP NONQUAL ACREAGE 137,306,497 0.8789 156,225,392 137,306,497
F1. COMMERCIAL REAL 7,429,670 N/A 7,429,670 7,429,670
F2. INDUSTRIAL REAL 20,000 N/A 20,000 20,000
G. OIL,GAS,MINERALS 109,157 N/A 109,157 109,157
J. UTILITIES 27,188,156 0.8072 33,682,056 27,188,156
L1. COMMERCIAL PERSONAL 2,737,073 N/A 2,737,073 2,737,073
L2. INDUSTRIAL PERSONAL 9,338,080 N/A 9,338,080 9,338,080
M. MOBILE HOMES 2,922,450 N/A 2,922,450 2,922,450
O. RESIDENTIAL INVENTORY 4,895,100 N/A 4,895,100 4,895,100
Subtotal 468,845,234 0 511,873,660 468,845,234
Less Total Deductions 73,066,961 0 80,225,561 73,066,961
Total Taxable Value 395,778,273 0 431,648,099 395,778,273

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
407,641,732 395,778,273 407,641,732 395,778,273


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
11,863,459 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
407,641,732 395,778,273 407,641,732 395,778,273

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR TWO OF THE GRACE PERIOD

070-915-02/Maypearl ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 260,458,907 0.9262 281,212,381 260,458,907
B. MULTIFAMILY RESIDENCES 1,675,213 N/A 1,675,213 1,675,213
C1. VACANT LOTS 2,913,957 N/A 2,913,957 2,913,957
D1. QUALIFIED AG LAND 4,720,754 2.9823 1,582,911 4,720,754
D2. REAL PROP:FARM & RANCH 7,130,220 N/A 7,130,220 7,130,220
E. REAL PROP NONQUAL ACREAGE 137,306,497 0.8789 156,225,392 137,306,497
F1. COMMERCIAL REAL 7,429,670 N/A 7,429,670 7,429,670
F2. INDUSTRIAL REAL 20,000 N/A 20,000 20,000
G. OIL,GAS,MINERALS 109,157 N/A 109,157 109,157
J. UTILITIES 27,188,156 0.8072 33,682,056 27,188,156
L1. COMMERCIAL PERSONAL 2,737,073 N/A 2,737,073 2,737,073
L2. INDUSTRIAL PERSONAL 9,338,080 N/A 9,338,080 9,338,080
M. MOBILE HOMES 2,922,450 N/A 2,922,450 2,922,450
O. RESIDENTIAL INVENTORY 4,895,100 N/A 4,895,100 4,895,100
Subtotal 468,845,234 511,873,660 468,845,234
Less Total Deductions 73,066,961 80,225,561 73,066,961
Total Taxable Value 395,778,273 431,648,099 395,778,273

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
407,641,732 395,778,273 407,641,732 395,778,273


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
11,863,459 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
407,641,732 395,778,273 407,641,732 395,778,273

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