taxes Property Tax Assistance

2019 ISD Summary Worksheet

095-Hale

095-902/Cotton Center ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 108,700 N/A 108,700 108,700
B. MULTIFAMILY RESIDENCES 9,063 N/A 9,063 9,063
C1. VACANT LOTS 28,916 N/A 28,916 28,916
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 21,204,684 1.9129 11,085,019 21,204,684
D2. REAL PROP:FARM & RANCH 777,013 N/A 777,013 777,013
E. REAL PROP NONQUAL ACREAGE 10,948,467 0.8663 12,638,193 10,948,467
F1. COMMERCIAL REAL 355,045 N/A 355,045 355,045
F2. INDUSTRIAL REAL 749,371 N/A 749,371 749,371
G. OIL,GAS,MINERALS 14,160 N/A 14,160 14,160
J. UTILITIES 5,115,568 0.9691 5,278,679 5,115,568
L1. COMMERCIAL PERSONAL 2,815,507 1.0162 2,770,623 2,815,507
L2. INDUSTRIAL PERSONAL 538,266 N/A 538,266 538,266
M. MOBILE HOMES 13,314 N/A 13,314 13,314
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 42,678,074 0 34,366,362 42,678,074
Less Total Deductions 2,466,421 0 2,466,421 2,466,421
Total Taxable Value 40,211,653 0 31,899,941 40,211,653

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
40,706,236 40,211,653 40,706,236 40,211,653


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
494,583 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
40,706,236 40,211,653 40,706,236 40,211,653

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE LOCAL VALUE IS GREATER THAN PTAD VALUE

095-902-02/Cotton Center ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 108,700 N/A 108,700 108,700
B. MULTIFAMILY RESIDENCES 9,063 N/A 9,063 9,063
C1. VACANT LOTS 28,916 N/A 28,916 28,916
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 21,204,684 1.9129 11,085,019 21,204,684
D2. REAL PROP:FARM & RANCH 777,013 N/A 777,013 777,013
E. REAL PROP NONQUAL ACREAGE 10,948,467 0.8663 12,638,193 10,948,467
F1. COMMERCIAL REAL 355,045 N/A 355,045 355,045
F2. INDUSTRIAL REAL 749,371 N/A 749,371 749,371
G. OIL,GAS,MINERALS 14,160 N/A 14,160 14,160
J. UTILITIES 5,115,568 0.9691 5,278,679 5,115,568
L1. COMMERCIAL PERSONAL 2,815,507 1.0162 2,770,623 2,815,507
L2. INDUSTRIAL PERSONAL 538,266 N/A 538,266 538,266
M. MOBILE HOMES 13,314 N/A 13,314 13,314
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 42,678,074 34,366,362 42,678,074
Less Total Deductions 2,466,421 2,466,421 2,466,421
Total Taxable Value 40,211,653 31,899,941 40,211,653

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
40,706,236 40,211,653 40,706,236 40,211,653


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
494,583 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
40,706,236 40,211,653 40,706,236 40,211,653

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