taxes Property Tax Assistance

2019 ISD Summary Worksheet

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090-903/McLean ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	13,408,370	N/A	13,408,370	13,408,370
B. MULTIFAMILY RESIDENCES	9,100	N/A	9,100	9,100
C1. VACANT LOTS	841,240	N/A	841,240	841,240
D1. QUALIFIED AG LAND	6,458,140	N/A	6,458,140	6,458,140
D2. REAL PROP:FARM & RANCH	684,070	N/A	684,070	684,070
E. REAL PROP NONQUAL ACREAGE	9,308,880	N/A	9,308,880	9,308,880
F1. COMMERCIAL REAL	2,240,610	N/A	2,240,610	2,240,610
F2. INDUSTRIAL REAL	150,040	N/A	150,040	150,040
G. OIL,GAS,MINERALS	28,717,720	N/A	28,717,720	28,717,720
J. UTILITIES	28,348,530	N/A	28,348,530	28,348,530
L1. COMMERCIAL PERSONAL	1,201,940	N/A	1,201,940	1,201,940
L2. INDUSTRIAL PERSONAL	4,461,790	N/A	4,461,790	4,461,790
M. MOBILE HOMES	286,340	N/A	286,340	286,340
Subtotal	96,116,770	0	96,116,770	96,116,770
Less Total Deductions	8,221,510	0	8,221,510	8,221,510
Total Taxable Value	87,895,260	0	87,895,260	87,895,260

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
89,419,290	87,895,260	89,419,290	87,895,260

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
1,524,030	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
89,419,290	87,895,260	89,419,290	87,895,260

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

090-903-02/McLean ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	13,408,370	N/A	13,408,370	13,408,370
B. MULTIFAMILY RESIDENCES	9,100	N/A	9,100	9,100
C1. VACANT LOTS	841,240	N/A	841,240	841,240
D1. QUALIFIED AG LAND	6,458,140	N/A	6,458,140	6,458,140
D2. REAL PROP:FARM & RANCH	684,070	N/A	684,070	684,070
E. REAL PROP NONQUAL ACREAGE	9,308,880	N/A	9,308,880	9,308,880
F1. COMMERCIAL REAL	2,240,610	N/A	2,240,610	2,240,610
F2. INDUSTRIAL REAL	150,040	N/A	150,040	150,040
G. OIL,GAS,MINERALS	28,717,720	N/A	28,717,720	28,717,720
J. UTILITIES	28,348,530	N/A	28,348,530	28,348,530
L1. COMMERCIAL PERSONAL	1,201,940	N/A	1,201,940	1,201,940
L2. INDUSTRIAL PERSONAL	4,461,790	N/A	4,461,790	4,461,790
M. MOBILE HOMES	286,340	N/A	286,340	286,340
Subtotal	96,116,770		96,116,770	96,116,770
Less Total Deductions	8,221,510		8,221,510	8,221,510
Total Taxable Value	87,895,260		87,895,260	87,895,260

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
89,419,290	87,895,260	89,419,290	87,895,260

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
1,524,030	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
89,419,290	87,895,260	89,419,290	87,895,260

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