taxes Property Tax Assistance

2019 ISD Summary Worksheet

111-Hood

111-902/Lipan ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	29,476,240	N/A	29,476,240	29,476,240
B. MULTIFAMILY RESIDENCES	230,640	N/A	230,640	230,640
C1. VACANT LOTS	1,361,850	N/A	1,361,850	1,361,850
D1. QUALIFIED AG LAND	5,902,650	N/A	5,902,650	5,902,650
D2. REAL PROP:FARM & RANCH	3,501,840	N/A	3,501,840	3,501,840
E. REAL PROP NONQUAL ACREAGE	59,356,705	N/A	59,356,705	59,356,705
F1. COMMERCIAL REAL	2,436,970	N/A	2,436,970	2,436,970
F2. INDUSTRIAL REAL	9,536,200	N/A	9,536,200	9,536,200
G. OIL,GAS,MINERALS	199,750	N/A	199,750	199,750
J. UTILITIES	14,384,570	N/A	14,384,570	14,384,570
L1. COMMERCIAL PERSONAL	2,810,150	N/A	2,810,150	2,810,150
L2. INDUSTRIAL PERSONAL	237,490	N/A	237,490	237,490
M. MOBILE HOMES	2,373,780	N/A	2,373,780	2,373,780
Subtotal	131,808,835	0	131,808,835	131,808,835
Less Total Deductions	20,265,331	0	20,265,331	20,265,331
Total Taxable Value	111,543,504	0	111,543,504	111,543,504

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
114,627,175	111,543,504	114,627,175	111,543,504

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
3,083,671	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
114,627,175	111,543,504	114,627,175	111,543,504

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

111-902-02/Lipan ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	29,476,240	N/A	29,476,240	29,476,240
B. MULTIFAMILY RESIDENCES	230,640	N/A	230,640	230,640
C1. VACANT LOTS	1,361,850	N/A	1,361,850	1,361,850
D1. QUALIFIED AG LAND	5,902,650	N/A	5,902,650	5,902,650
D2. REAL PROP:FARM & RANCH	3,501,840	N/A	3,501,840	3,501,840
E. REAL PROP NONQUAL ACREAGE	59,356,705	N/A	59,356,705	59,356,705
F1. COMMERCIAL REAL	2,436,970	N/A	2,436,970	2,436,970
F2. INDUSTRIAL REAL	9,536,200	N/A	9,536,200	9,536,200
G. OIL,GAS,MINERALS	199,750	N/A	199,750	199,750
J. UTILITIES	14,384,570	N/A	14,384,570	14,384,570
L1. COMMERCIAL PERSONAL	2,810,150	N/A	2,810,150	2,810,150
L2. INDUSTRIAL PERSONAL	237,490	N/A	237,490	237,490
M. MOBILE HOMES	2,373,780	N/A	2,373,780	2,373,780
Subtotal	131,808,835		131,808,835	131,808,835
Less Total Deductions	20,265,331		20,265,331	20,265,331
Total Taxable Value	111,543,504		111,543,504	111,543,504

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
114,627,175	111,543,504	114,627,175	111,543,504

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
3,083,671	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
114,627,175	111,543,504	114,627,175	111,543,504

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