taxes Property Tax Assistance

2019 ISD Summary Worksheet

116-Hunt

112-905/Cumby ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 1,352,420 0.8590 1,574,412 1,352,420
C1. VACANT LOTS 125,810 N/A 125,810 125,810
D1. QUALIFIED AG LAND 518,860 1.0399 498,942 518,860
D2. REAL PROP:FARM & RANCH 666,575 N/A 666,575 666,575
E. REAL PROP NONQUAL ACREAGE 10,093,564 0.9444 10,687,806 10,093,564
F1. COMMERCIAL REAL 206,340 N/A 206,340 206,340
J. UTILITIES 1,971,010 0.9181 2,146,836 1,971,010
L1. COMMERCIAL PERSONAL 12,611 N/A 12,611 12,611
M. MOBILE HOMES 135,070 N/A 135,070 135,070
Subtotal 15,082,260 0 16,054,402 15,082,260
Less Total Deductions 2,748,113 0 3,088,206 2,748,113
Total Taxable Value 12,334,147 0 12,966,196 12,334,147

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
12,779,586 12,334,147 12,779,586 12,334,147


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
445,439 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
12,779,586 12,334,147 12,779,586 12,334,147

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

112-905-02/Cumby ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 1,352,420 0.8590 1,574,412 1,352,420
C1. VACANT LOTS 125,810 N/A 125,810 125,810
D1. QUALIFIED AG LAND 518,860 1.0399 498,942 518,860
D2. REAL PROP:FARM & RANCH 666,575 N/A 666,575 666,575
E. REAL PROP NONQUAL ACREAGE 10,093,564 0.9444 10,687,806 10,093,564
F1. COMMERCIAL REAL 206,340 N/A 206,340 206,340
J. UTILITIES 1,971,010 0.9181 2,146,836 1,971,010
L1. COMMERCIAL PERSONAL 12,611 N/A 12,611 12,611
M. MOBILE HOMES 135,070 N/A 135,070 135,070
Subtotal 15,082,260 16,054,402 15,082,260
Less Total Deductions 2,748,113 3,088,206 2,748,113
Total Taxable Value 12,334,147 12,966,196 12,334,147

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
12,779,586 12,334,147 12,779,586 12,334,147


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
445,439 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
12,779,586 12,334,147 12,779,586 12,334,147

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