taxes Property Tax Assistance

2019 ISD Summary Worksheet

116-Hunt

116-908/Quinlan ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 575,185,191 0.9801 586,863,780 575,185,191
B. MULTIFAMILY RESIDENCES 4,643,729 N/A 4,643,729 4,643,729
C1. VACANT LOTS 44,828,594 N/A 44,828,594 44,828,594
D1. QUALIFIED AG LAND 3,717,385 1.0028 3,706,894 3,717,385
D2. REAL PROP:FARM & RANCH 11,111,900 N/A 11,111,900 11,111,900
E. REAL PROP NONQUAL ACREAGE 373,549,668 0.9656 386,857,568 373,549,668
F1. COMMERCIAL REAL 83,686,192 0.7620 109,824,399 83,686,192
F2. INDUSTRIAL REAL 494,280 N/A 494,280 494,280
J. UTILITIES 19,044,720 N/A 19,044,720 19,044,720
L1. COMMERCIAL PERSONAL 28,080,810 N/A 28,080,810 28,080,810
L2. INDUSTRIAL PERSONAL 432,610 N/A 432,610 432,610
M. MOBILE HOMES 16,411,319 N/A 16,411,319 16,411,319
O. RESIDENTIAL INVENTORY 5,372,480 N/A 5,372,480 5,372,480
S. SPECIAL INVENTORY 554,980 N/A 554,980 554,980
Subtotal 1,167,113,858 0 1,218,228,063 1,167,113,858
Less Total Deductions 228,305,682 0 234,050,970 228,305,682
Total Taxable Value 938,808,176 0 984,177,093 938,808,176

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
966,714,673 938,808,176 966,714,673 938,808,176


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
27,906,497 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
966,714,673 938,808,176 966,714,673 938,808,176

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

116-908-02/Quinlan ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 575,185,191 0.9801 586,863,780 575,185,191
B. MULTIFAMILY RESIDENCES 4,643,729 N/A 4,643,729 4,643,729
C1. VACANT LOTS 44,828,594 N/A 44,828,594 44,828,594
D1. QUALIFIED AG LAND 3,717,385 1.0028 3,706,894 3,717,385
D2. REAL PROP:FARM & RANCH 11,111,900 N/A 11,111,900 11,111,900
E. REAL PROP NONQUAL ACREAGE 373,549,668 0.9656 386,857,568 373,549,668
F1. COMMERCIAL REAL 83,686,192 0.7620 109,824,399 83,686,192
F2. INDUSTRIAL REAL 494,280 N/A 494,280 494,280
J. UTILITIES 19,044,720 N/A 19,044,720 19,044,720
L1. COMMERCIAL PERSONAL 28,080,810 N/A 28,080,810 28,080,810
L2. INDUSTRIAL PERSONAL 432,610 N/A 432,610 432,610
M. MOBILE HOMES 16,411,319 N/A 16,411,319 16,411,319
O. RESIDENTIAL INVENTORY 5,372,480 N/A 5,372,480 5,372,480
S. SPECIAL INVENTORY 554,980 N/A 554,980 554,980
Subtotal 1,167,113,858 1,218,228,063 1,167,113,858
Less Total Deductions 228,305,682 234,050,970 228,305,682
Total Taxable Value 938,808,176 984,177,093 938,808,176

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
966,714,673 938,808,176 966,714,673 938,808,176


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
27,906,497 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
966,714,673 938,808,176 966,714,673 938,808,176

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