taxes Property Tax Assistance

2019 ISD Summary Worksheet

114-Howard

058-909/Sands CISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 2,292,221 N/A 2,292,221 2,292,221
C1. VACANT LOTS 129,919 N/A 129,919 129,919
D1. QUALIFIED AG LAND 7,770,986 1.1399 6,817,183 7,770,986
E. REAL PROP NONQUAL ACREAGE 26,270,581 N/A 26,270,581 26,270,581
F1. COMMERCIAL REAL 1,321,633 N/A 1,321,633 1,321,633
F2. INDUSTRIAL REAL 660,127 N/A 660,127 660,127
G. OIL,GAS,MINERALS 843,469,365 0.9930 849,415,272 843,469,365
J. UTILITIES 52,389,107 0.9187 57,025,261 52,389,107
L1. COMMERCIAL PERSONAL 617,347 N/A 617,347 617,347
L2. INDUSTRIAL PERSONAL 41,509,950 N/A 41,509,950 41,509,950
Subtotal 976,431,236 0 986,059,494 976,431,236
Less Total Deductions 5,904,675 0 5,904,675 5,904,675
Total Taxable Value 970,526,561 0 980,154,819 970,526,561

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
971,026,561 970,526,561 970,424,462 969,924,462


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
500,000 602,099


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
971,026,561 970,526,561 970,424,462 969,924,462

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

058-909-02/Sands CISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 2,292,221 N/A 2,292,221 2,292,221
C1. VACANT LOTS 129,919 N/A 129,919 129,919
D1. QUALIFIED AG LAND 7,770,986 1.1399 6,817,183 7,770,986
E. REAL PROP NONQUAL ACREAGE 26,270,581 N/A 26,270,581 26,270,581
F1. COMMERCIAL REAL 1,321,633 N/A 1,321,633 1,321,633
F2. INDUSTRIAL REAL 660,127 N/A 660,127 660,127
G. OIL,GAS,MINERALS 843,469,365 0.9930 849,415,272 843,469,365
J. UTILITIES 52,389,107 0.9187 57,025,261 52,389,107
L1. COMMERCIAL PERSONAL 617,347 N/A 617,347 617,347
L2. INDUSTRIAL PERSONAL 41,509,950 N/A 41,509,950 41,509,950
Subtotal 976,431,236 986,059,494 976,431,236
Less Total Deductions 5,904,675 5,904,675 5,904,675
Total Taxable Value 970,526,561 980,154,819 970,526,561

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
971,026,561 970,526,561 970,424,462 969,924,462


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
500,000 602,099


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
971,026,561 970,526,561 970,424,462 969,924,462

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