taxes Property Tax Assistance

2019 ISD Summary Worksheet

097-Hamilton

018-908/Cranfills Gap ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 368,580 N/A 368,580 368,580
C1. VACANT LOTS 51,390 N/A 51,390 51,390
D1. QUALIFIED AG LAND 2,880,870 1.1870 2,427,008 2,880,870
D2. REAL PROP:FARM & RANCH 1,216,990 0.9637 1,262,831 1,216,990
E. REAL PROP NONQUAL ACREAGE 13,901,090 0.9262 15,008,735 13,901,090
J. UTILITIES 153,770 N/A 153,770 153,770
L2. INDUSTRIAL PERSONAL 217,240 N/A 217,240 217,240
M. MOBILE HOMES 41,540 N/A 41,540 41,540
Subtotal 18,831,470 0 19,531,094 18,831,470
Less Total Deductions 1,601,840 0 1,601,840 1,601,840
Total Taxable Value 17,229,630 0 17,929,254 17,229,630

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
17,547,690 17,229,630 17,547,690 17,229,630


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
318,060 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
17,547,690 17,229,630 17,547,690 17,229,630

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

018-908-02/Cranfills Gap ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 368,580 N/A 368,580 368,580
C1. VACANT LOTS 51,390 N/A 51,390 51,390
D1. QUALIFIED AG LAND 2,880,870 1.1870 2,427,008 2,880,870
D2. REAL PROP:FARM & RANCH 1,216,990 0.9637 1,262,831 1,216,990
E. REAL PROP NONQUAL ACREAGE 13,901,090 0.9262 15,008,735 13,901,090
J. UTILITIES 153,770 N/A 153,770 153,770
L2. INDUSTRIAL PERSONAL 217,240 N/A 217,240 217,240
M. MOBILE HOMES 41,540 N/A 41,540 41,540
Subtotal 18,831,470 19,531,094 18,831,470
Less Total Deductions 1,601,840 1,601,840 1,601,840
Total Taxable Value 17,229,630 17,929,254 17,229,630

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
17,547,690 17,229,630 17,547,690 17,229,630


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
318,060 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
17,547,690 17,229,630 17,547,690 17,229,630

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