taxes Property Tax Assistance

2019 ISD Summary Worksheet

103-Hartley

103-901/Channing ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 6,693,270 0.8909 7,512,931 7,512,931
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 301,430 N/A 301,430 301,430
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 59,848,750 0.8987 66,593,069 66,593,069
D2. REAL PROP:FARM & RANCH 4,871,870 N/A 4,871,870 4,871,870
E. REAL PROP NONQUAL ACREAGE 8,621,490 0.9173 9,398,768 9,398,768
F1. COMMERCIAL REAL 234,430 N/A 234,430 234,430
F2. INDUSTRIAL REAL 14,583,240 N/A 14,583,240 14,583,240
G. OIL,GAS,MINERALS 6,619,340 N/A 6,619,340 6,619,340
J. UTILITIES 40,642,300 0.9756 41,658,774 41,658,774
L1. COMMERCIAL PERSONAL 2,998,210 N/A 2,998,210 2,998,210
L2. INDUSTRIAL PERSONAL 2,507,070 N/A 2,507,070 2,507,070
M. MOBILE HOMES 682,340 N/A 682,340 682,340
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 148,603,740 0 157,961,472 157,961,472
Less Total Deductions 3,258,342 0 3,613,553 3,613,553
Total Taxable Value 145,345,398 0 154,347,919 154,347,919

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
154,996,909 154,347,919 154,996,909 154,347,919


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
648,990 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
154,996,909 154,347,919 154,996,909 154,347,919

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 TAXABLE VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR LOCAL VALUE DID NOT EXCEED THE STATE VALUE AND: 1) WAS INVALID IN ONE OR MORE OF THE PREVIOUS TWO YEARS OR 2) IS LESS THAN 90% OF THE LOWER END OF THE MARGIN OF ERROR RANGE OR 3) THE APPRAISAL DISTRICT THAT APPRAISES PROPERTY FOR THE SCHOOL DISTRICT WAS NOT IN COMPLIANCE WITH THE SCORING REQUIREMENT OF THE COMPTROLLER'S MOST RECENT REVIEW OF THE APPRAISAL DISTRICT CONDUCTED UNDER SECTION 5.102, TAX CODE (MAP REVIEW)

103-901-02/Channing ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 6,693,270 0.8909 7,512,931 7,512,931
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 301,430 N/A 301,430 301,430
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 59,848,750 0.8987 66,593,069 66,593,069
D2. REAL PROP:FARM & RANCH 4,871,870 N/A 4,871,870 4,871,870
E. REAL PROP NONQUAL ACREAGE 8,621,490 0.9173 9,398,768 9,398,768
F1. COMMERCIAL REAL 234,430 N/A 234,430 234,430
F2. INDUSTRIAL REAL 14,583,240 N/A 14,583,240 14,583,240
G. OIL,GAS,MINERALS 6,619,340 N/A 6,619,340 6,619,340
J. UTILITIES 40,642,300 0.9756 41,658,774 41,658,774
L1. COMMERCIAL PERSONAL 2,998,210 N/A 2,998,210 2,998,210
L2. INDUSTRIAL PERSONAL 2,507,070 N/A 2,507,070 2,507,070
M. MOBILE HOMES 682,340 N/A 682,340 682,340
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 148,603,740 157,961,472 157,961,472
Less Total Deductions 3,258,342 3,613,553 3,613,553
Total Taxable Value 145,345,398 154,347,919 154,347,919

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
154,996,909 154,347,919 154,996,909 154,347,919


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
648,990 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
154,996,909 154,347,919 154,996,909 154,347,919

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