taxes Property Tax Assistance

2019 ISD Summary Worksheet

083-Gaines

083-901/Seagraves ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	45,555,566	0.8961	50,837,592	45,555,566
B. MULTIFAMILY RESIDENCES	782,060	N/A	782,060	782,060
C1. VACANT LOTS	2,299,429	N/A	2,299,429	2,299,429
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	10,643,824	1.7313	6,147,772	10,643,824
D2. REAL PROP:FARM & RANCH	1,117,213	N/A	1,117,213	1,117,213
E. REAL PROP NONQUAL ACREAGE	16,592,329	1.0562	15,709,457	16,592,329
F1. COMMERCIAL REAL	6,288,970	N/A	6,288,970	6,288,970
F2. INDUSTRIAL REAL	27,423,080	N/A	27,423,080	27,423,080
G. OIL,GAS,MINERALS	28,347,414	0.9963	28,452,689	28,347,414
J. UTILITIES	11,413,310	0.9814	11,629,621	11,413,310
L1. COMMERCIAL PERSONAL	3,774,480	N/A	3,774,480	3,774,480
L2. INDUSTRIAL PERSONAL	40,960,640	N/A	40,960,640	40,960,640
M. MOBILE HOMES	3,461,700	N/A	3,461,700	3,461,700
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	0	N/A	0	0
Subtotal	198,660,015	0	198,884,703	198,660,015
Less Total Deductions	23,631,754	0	25,832,104	23,631,754
Total Taxable Value	175,028,261	0	173,052,599	175,028,261

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
179,342,626	175,028,261	179,342,626	175,028,261

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
4,314,365	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
179,342,626	175,028,261	179,342,626	175,028,261

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

083-901-02/Seagraves ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	45,555,566	0.8961	50,837,592	45,555,566
B. MULTIFAMILY RESIDENCES	782,060	N/A	782,060	782,060
C1. VACANT LOTS	2,299,429	N/A	2,299,429	2,299,429
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	10,643,824	1.7313	6,147,772	10,643,824
D2. REAL PROP:FARM & RANCH	1,117,213	N/A	1,117,213	1,117,213
E. REAL PROP NONQUAL ACREAGE	16,592,329	1.0562	15,709,457	16,592,329
F1. COMMERCIAL REAL	6,288,970	N/A	6,288,970	6,288,970
F2. INDUSTRIAL REAL	27,423,080	N/A	27,423,080	27,423,080
G. OIL,GAS,MINERALS	28,347,414	0.9963	28,452,689	28,347,414
J. UTILITIES	11,413,310	0.9814	11,629,621	11,413,310
L1. COMMERCIAL PERSONAL	3,774,480	N/A	3,774,480	3,774,480
L2. INDUSTRIAL PERSONAL	40,960,640	N/A	40,960,640	40,960,640
M. MOBILE HOMES	3,461,700	N/A	3,461,700	3,461,700
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	0	N/A	0	0
Subtotal	198,660,015		198,884,703	198,660,015
Less Total Deductions	23,631,754		25,832,104	23,631,754
Total Taxable Value	175,028,261		173,052,599	175,028,261

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
179,342,626	175,028,261	179,342,626	175,028,261

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
4,314,365	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
179,342,626	175,028,261	179,342,626	175,028,261

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