taxes Property Tax Assistance

2019 ISD Summary Worksheet

099-Hardeman

099-902/Chillicothe ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 10,159,500 0.9621 10,559,713 10,159,500
B. MULTIFAMILY RESIDENCES 12,130 N/A 12,130 12,130
C1. VACANT LOTS 247,600 N/A 247,600 247,600
D1. QUALIFIED AG LAND 10,057,880 0.9696 10,373,435 10,057,880
D2. REAL PROP:FARM & RANCH 2,051,640 N/A 2,051,640 2,051,640
E. REAL PROP NONQUAL ACREAGE 4,664,180 0.9856 4,732,325 4,664,180
F1. COMMERCIAL REAL 50,570,480 N/A 50,570,480 50,570,480
F2. INDUSTRIAL REAL 1,530,860 N/A 1,530,860 1,530,860
G. OIL,GAS,MINERALS 23,459,020 1.0051 23,339,986 23,459,020
J. UTILITIES 26,375,100 1.0334 25,522,644 26,375,100
L1. COMMERCIAL PERSONAL 719,110 N/A 719,110 719,110
L2. INDUSTRIAL PERSONAL 4,965,150 N/A 4,965,150 4,965,150
M. MOBILE HOMES 518,060 N/A 518,060 518,060
Subtotal 135,330,710 0 135,143,133 135,330,710
Less Total Deductions 43,521,804 0 43,681,220 43,521,804
Total Taxable Value 91,808,906 0 91,461,913 91,808,906

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
93,129,886 91,808,906 93,129,886 91,808,906


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,320,980 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
129,764,156 128,443,176 129,764,156 128,443,176

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

099-902-02/Chillicothe ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 10,159,500 0.9621 10,559,713 10,159,500
B. MULTIFAMILY RESIDENCES 12,130 N/A 12,130 12,130
C1. VACANT LOTS 247,600 N/A 247,600 247,600
D1. QUALIFIED AG LAND 10,057,880 0.9696 10,373,435 10,057,880
D2. REAL PROP:FARM & RANCH 2,051,640 N/A 2,051,640 2,051,640
E. REAL PROP NONQUAL ACREAGE 4,664,180 0.9856 4,732,325 4,664,180
F1. COMMERCIAL REAL 50,570,480 N/A 50,570,480 50,570,480
F2. INDUSTRIAL REAL 1,530,860 N/A 1,530,860 1,530,860
G. OIL,GAS,MINERALS 23,459,020 1.0051 23,339,986 23,459,020
J. UTILITIES 26,375,100 1.0334 25,522,644 26,375,100
L1. COMMERCIAL PERSONAL 719,110 N/A 719,110 719,110
L2. INDUSTRIAL PERSONAL 4,965,150 N/A 4,965,150 4,965,150
M. MOBILE HOMES 518,060 N/A 518,060 518,060
Subtotal 135,330,710 135,143,133 135,330,710
Less Total Deductions 43,521,804 43,681,220 43,521,804
Total Taxable Value 91,808,906 91,461,913 91,808,906

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
93,129,886 91,808,906 93,129,886 91,808,906


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
1,320,980 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
129,764,156 128,443,176 129,764,156 128,443,176

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