taxes Property Tax Assistance

2019 ISD Summary Worksheet

116-Hunt

116-903/Commerce ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 151,247,172 0.9621 157,205,251 151,247,172
B. MULTIFAMILY RESIDENCES 42,293,541 0.5974 70,796,018 42,293,541
C1. VACANT LOTS 6,661,464 N/A 6,661,464 6,661,464
D1. QUALIFIED AG LAND 6,231,260 1.0764 5,788,862 6,231,260
D2. REAL PROP:FARM & RANCH 6,371,593 N/A 6,371,593 6,371,593
E. REAL PROP NONQUAL ACREAGE 161,130,513 0.9927 162,315,416 161,130,513
F1. COMMERCIAL REAL 62,297,379 0.8189 76,074,465 62,297,379
F2. INDUSTRIAL REAL 25,245,678 N/A 25,245,678 25,245,678
J. UTILITIES 31,232,900 0.9187 33,996,843 31,232,900
L1. COMMERCIAL PERSONAL 39,431,095 1.1193 35,228,353 39,431,095
L2. INDUSTRIAL PERSONAL 54,459,825 N/A 54,459,825 54,459,825
M. MOBILE HOMES 2,497,880 N/A 2,497,880 2,497,880
O. RESIDENTIAL INVENTORY 193,040 N/A 193,040 193,040
S. SPECIAL INVENTORY 1,359,480 N/A 1,359,480 1,359,480
Subtotal 590,652,820 0 638,194,168 590,652,820
Less Total Deductions 91,351,163 0 95,006,761 91,351,163
Total Taxable Value 499,301,657 0 543,187,407 499,301,657

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
513,068,487 499,301,657 513,068,487 499,301,657


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
13,766,830 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
513,068,487 499,301,657 513,068,487 499,301,657

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

116-903-02/Commerce ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 151,247,172 0.9621 157,205,251 151,247,172
B. MULTIFAMILY RESIDENCES 42,293,541 0.5974 70,796,018 42,293,541
C1. VACANT LOTS 6,661,464 N/A 6,661,464 6,661,464
D1. QUALIFIED AG LAND 6,231,260 1.0764 5,788,862 6,231,260
D2. REAL PROP:FARM & RANCH 6,371,593 N/A 6,371,593 6,371,593
E. REAL PROP NONQUAL ACREAGE 161,130,513 0.9927 162,315,416 161,130,513
F1. COMMERCIAL REAL 62,297,379 0.8189 76,074,465 62,297,379
F2. INDUSTRIAL REAL 25,245,678 N/A 25,245,678 25,245,678
J. UTILITIES 31,232,900 0.9187 33,996,843 31,232,900
L1. COMMERCIAL PERSONAL 39,431,095 1.1193 35,228,353 39,431,095
L2. INDUSTRIAL PERSONAL 54,459,825 N/A 54,459,825 54,459,825
M. MOBILE HOMES 2,497,880 N/A 2,497,880 2,497,880
O. RESIDENTIAL INVENTORY 193,040 N/A 193,040 193,040
S. SPECIAL INVENTORY 1,359,480 N/A 1,359,480 1,359,480
Subtotal 590,652,820 638,194,168 590,652,820
Less Total Deductions 91,351,163 95,006,761 91,351,163
Total Taxable Value 499,301,657 543,187,407 499,301,657

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
513,068,487 499,301,657 513,068,487 499,301,657


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
13,766,830 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
513,068,487 499,301,657 513,068,487 499,301,657

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