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