taxes Property Tax Assistance

2019 ISD Summary Worksheet

077-Floyd

173-901/Motley County ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
D1. QUALIFIED AG LAND	1,288,020	N/A	1,288,020	1,288,020
D2. REAL PROP:FARM & RANCH	49,350	N/A	49,350	49,350
E. REAL PROP NONQUAL ACREAGE	384,780	N/A	384,780	384,780
G. OIL,GAS,MINERALS	7,400	N/A	7,400	7,400
J. UTILITIES	57,200	N/A	57,200	57,200
L2. INDUSTRIAL PERSONAL	17,810	N/A	17,810	17,810
Subtotal	1,804,560	0	1,804,560	1,804,560
Less Total Deductions	94,050	0	94,050	94,050
Total Taxable Value	1,710,510	0	1,710,510	1,710,510

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
1,740,510	1,710,510	1,740,510	1,710,510

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
30,000	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
1,740,510	1,710,510	1,740,510	1,710,510

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

173-901-02/Motley County ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
D1. QUALIFIED AG LAND	1,288,020	N/A	1,288,020	1,288,020
D2. REAL PROP:FARM & RANCH	49,350	N/A	49,350	49,350
E. REAL PROP NONQUAL ACREAGE	384,780	N/A	384,780	384,780
G. OIL,GAS,MINERALS	7,400	N/A	7,400	7,400
J. UTILITIES	57,200	N/A	57,200	57,200
L2. INDUSTRIAL PERSONAL	17,810	N/A	17,810	17,810
Subtotal	1,804,560		1,804,560	1,804,560
Less Total Deductions	94,050		94,050	94,050
Total Taxable Value	1,710,510		1,710,510	1,710,510

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
1,740,510	1,710,510	1,740,510	1,710,510

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
30,000	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
1,740,510	1,710,510	1,740,510	1,710,510

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