taxes Property Tax Assistance

2019 ISD Summary Worksheet

072-Erath

072-909/Lingleville ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	8,890,620	0.9838	9,037,020	8,890,620
B. MULTIFAMILY RESIDENCES	1,331,360	N/A	1,331,360	1,331,360
C1. VACANT LOTS	198,310	N/A	198,310	198,310
D1. QUALIFIED AG LAND	9,102,050	1.4643	6,216,126	9,102,050
D2. REAL PROP:FARM & RANCH	2,277,350	N/A	2,277,350	2,277,350
E. REAL PROP NONQUAL ACREAGE	60,476,350	0.9857	61,353,708	60,476,350
F1. COMMERCIAL REAL	1,126,200	N/A	1,126,200	1,126,200
F2. INDUSTRIAL REAL	46,420	N/A	46,420	46,420
G. OIL,GAS,MINERALS	289,210	N/A	289,210	289,210
J. UTILITIES	15,995,630	0.8203	19,499,732	15,995,630
L1. COMMERCIAL PERSONAL	7,247,200	N/A	7,247,200	7,247,200
L2. INDUSTRIAL PERSONAL	100,300	N/A	100,300	100,300
M. MOBILE HOMES	2,310,510	N/A	2,310,510	2,310,510
S. SPECIAL INVENTORY	17,820	N/A	17,820	17,820
Subtotal	109,409,330	0	111,051,266	109,409,330
Less Total Deductions	12,317,500	0	12,523,851	12,317,500
Total Taxable Value	97,091,830	0	98,527,415	97,091,830

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
99,432,110	97,091,830	99,432,110	97,091,830

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
2,340,280	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
99,432,110	97,091,830	99,432,110	97,091,830

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

072-909-02/Lingleville ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	8,890,620	0.9838	9,037,020	8,890,620
B. MULTIFAMILY RESIDENCES	1,331,360	N/A	1,331,360	1,331,360
C1. VACANT LOTS	198,310	N/A	198,310	198,310
D1. QUALIFIED AG LAND	9,102,050	1.4643	6,216,126	9,102,050
D2. REAL PROP:FARM & RANCH	2,277,350	N/A	2,277,350	2,277,350
E. REAL PROP NONQUAL ACREAGE	60,476,350	0.9857	61,353,708	60,476,350
F1. COMMERCIAL REAL	1,126,200	N/A	1,126,200	1,126,200
F2. INDUSTRIAL REAL	46,420	N/A	46,420	46,420
G. OIL,GAS,MINERALS	289,210	N/A	289,210	289,210
J. UTILITIES	15,995,630	0.8203	19,499,732	15,995,630
L1. COMMERCIAL PERSONAL	7,247,200	N/A	7,247,200	7,247,200
L2. INDUSTRIAL PERSONAL	100,300	N/A	100,300	100,300
M. MOBILE HOMES	2,310,510	N/A	2,310,510	2,310,510
S. SPECIAL INVENTORY	17,820	N/A	17,820	17,820
Subtotal	109,409,330		111,051,266	109,409,330
Less Total Deductions	12,317,500		12,523,851	12,317,500
Total Taxable Value	97,091,830		98,527,415	97,091,830

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
99,432,110	97,091,830	99,432,110	97,091,830

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
2,340,280	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
99,432,110	97,091,830	99,432,110	97,091,830

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