taxes Property Tax Assistance

2019 ISD Summary Worksheet

118-Irion

118-902/Irion County ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	51,871,810	N/A	51,871,810	51,871,810
B. MULTIFAMILY RESIDENCES	68,480	N/A	68,480	68,480
C1. VACANT LOTS	3,623,870	N/A	3,623,870	3,623,870
D1. QUALIFIED AG LAND	17,483,194	N/A	17,483,194	17,483,194
D2. REAL PROP:FARM & RANCH	8,221,420	N/A	8,221,420	8,221,420
E. REAL PROP NONQUAL ACREAGE	22,627,580	N/A	22,627,580	22,627,580
F1. COMMERCIAL REAL	5,392,920	N/A	5,392,920	5,392,920
F2. INDUSTRIAL REAL	109,856,230	N/A	109,856,230	109,856,230
G. OIL,GAS,MINERALS	1,087,973,130	N/A	1,087,973,130	1,087,973,130
J. UTILITIES	173,778,660	N/A	173,778,660	173,778,660
L1. COMMERCIAL PERSONAL	9,303,415	N/A	9,303,415	9,303,415
L2. INDUSTRIAL PERSONAL	37,417,400	N/A	37,417,400	37,417,400
M. MOBILE HOMES	2,932,790	N/A	2,932,790	2,932,790
Subtotal	1,530,550,899	0	1,530,550,899	1,530,550,899
Less Total Deductions	18,917,543	0	18,917,543	18,917,543
Total Taxable Value	1,511,633,356	0	1,511,633,356	1,511,633,356

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
1,514,804,551	1,511,633,356	1,514,804,551	1,511,633,356

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
3,171,195	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
1,514,804,551	1,511,633,356	1,514,804,551	1,511,633,356

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

118-902-02/Irion County ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	51,871,810	N/A	51,871,810	51,871,810
B. MULTIFAMILY RESIDENCES	68,480	N/A	68,480	68,480
C1. VACANT LOTS	3,623,870	N/A	3,623,870	3,623,870
D1. QUALIFIED AG LAND	17,483,194	N/A	17,483,194	17,483,194
D2. REAL PROP:FARM & RANCH	8,221,420	N/A	8,221,420	8,221,420
E. REAL PROP NONQUAL ACREAGE	22,627,580	N/A	22,627,580	22,627,580
F1. COMMERCIAL REAL	5,392,920	N/A	5,392,920	5,392,920
F2. INDUSTRIAL REAL	109,856,230	N/A	109,856,230	109,856,230
G. OIL,GAS,MINERALS	1,087,973,130	N/A	1,087,973,130	1,087,973,130
J. UTILITIES	173,778,660	N/A	173,778,660	173,778,660
L1. COMMERCIAL PERSONAL	9,303,415	N/A	9,303,415	9,303,415
L2. INDUSTRIAL PERSONAL	37,417,400	N/A	37,417,400	37,417,400
M. MOBILE HOMES	2,932,790	N/A	2,932,790	2,932,790
Subtotal	1,530,550,899		1,530,550,899	1,530,550,899
Less Total Deductions	18,917,543		18,917,543	18,917,543
Total Taxable Value	1,511,633,356		1,511,633,356	1,511,633,356

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
1,514,804,551	1,511,633,356	1,514,804,551	1,511,633,356

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
3,171,195	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
1,514,804,551	1,511,633,356	1,514,804,551	1,511,633,356

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