taxes Property Tax Assistance

2019 ISD Summary Worksheet

073-Falls

073-901/Chilton ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 30,962,280 0.9470 32,695,121 30,962,280
B. MULTIFAMILY RESIDENCES 130,770 N/A 130,770 130,770
C1. VACANT LOTS 495,960 N/A 495,960 495,960
D1. QUALIFIED AG LAND 6,970,396 0.9467 7,363,194 6,970,396
D2. REAL PROP:FARM & RANCH 3,471,910 N/A 3,471,910 3,471,910
E. REAL PROP NONQUAL ACREAGE 36,805,220 0.9948 36,997,608 36,805,220
F1. COMMERCIAL REAL 1,988,710 N/A 1,988,710 1,988,710
F2. INDUSTRIAL REAL 1,019,700 N/A 1,019,700 1,019,700
J. UTILITIES 15,613,600 0.9050 17,252,597 15,613,600
L1. COMMERCIAL PERSONAL 3,892,570 N/A 3,892,570 3,892,570
L2. INDUSTRIAL PERSONAL 2,131,060 N/A 2,131,060 2,131,060
M. MOBILE HOMES 1,863,510 N/A 1,863,510 1,863,510
Subtotal 105,345,686 0 109,302,710 105,345,686
Less Total Deductions 25,567,158 0 26,842,330 25,567,158
Total Taxable Value 79,778,528 0 82,460,380 79,778,528

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
83,334,069 79,778,528 83,334,069 79,778,528


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,555,541 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
83,334,069 79,778,528 83,334,069 79,778,528

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

073-901-02/Chilton ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 30,962,280 0.9470 32,695,121 30,962,280
B. MULTIFAMILY RESIDENCES 130,770 N/A 130,770 130,770
C1. VACANT LOTS 495,960 N/A 495,960 495,960
D1. QUALIFIED AG LAND 6,970,396 0.9467 7,363,194 6,970,396
D2. REAL PROP:FARM & RANCH 3,471,910 N/A 3,471,910 3,471,910
E. REAL PROP NONQUAL ACREAGE 36,805,220 0.9948 36,997,608 36,805,220
F1. COMMERCIAL REAL 1,988,710 N/A 1,988,710 1,988,710
F2. INDUSTRIAL REAL 1,019,700 N/A 1,019,700 1,019,700
J. UTILITIES 15,613,600 0.9050 17,252,597 15,613,600
L1. COMMERCIAL PERSONAL 3,892,570 N/A 3,892,570 3,892,570
L2. INDUSTRIAL PERSONAL 2,131,060 N/A 2,131,060 2,131,060
M. MOBILE HOMES 1,863,510 N/A 1,863,510 1,863,510
Subtotal 105,345,686 109,302,710 105,345,686
Less Total Deductions 25,567,158 26,842,330 25,567,158
Total Taxable Value 79,778,528 82,460,380 79,778,528

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
83,334,069 79,778,528 83,334,069 79,778,528


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
3,555,541 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
83,334,069 79,778,528 83,334,069 79,778,528

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