taxes Property Tax Assistance

2019 ISD Summary Worksheet

125-Jim Wells

125-905/Premont ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 45,416,453 0.9779 46,442,840 45,416,453
B. MULTIFAMILY RESIDENCES 511,307 N/A 511,307 511,307
C1. VACANT LOTS 937,502 N/A 937,502 937,502
D1. QUALIFIED AG LAND 5,782,982 1.0494 5,510,995 5,782,982
D2. REAL PROP:FARM & RANCH 1,301,254 N/A 1,301,254 1,301,254
E. REAL PROP NONQUAL ACREAGE 24,827,498 0.9135 27,178,432 24,827,498
F1. COMMERCIAL REAL 5,870,524 N/A 5,870,524 5,870,524
F2. INDUSTRIAL REAL 1,469,360 N/A 1,469,360 1,469,360
G. OIL,GAS,MINERALS 4,083,380 N/A 4,083,380 4,083,380
J. UTILITIES 40,871,560 1.0352 39,481,801 40,871,560
L1. COMMERCIAL PERSONAL 4,304,693 N/A 4,304,693 4,304,693
L2. INDUSTRIAL PERSONAL 21,929,480 N/A 21,929,480 21,929,480
M. MOBILE HOMES 1,250,123 N/A 1,250,123 1,250,123
Subtotal 158,556,116 0 160,271,691 158,556,116
Less Total Deductions 22,650,601 0 23,106,579 22,650,601
Total Taxable Value 135,905,515 0 137,165,112 135,905,515

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
140,763,189 135,905,515 140,763,189 135,905,515


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,857,674 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
140,763,189 135,905,515 140,763,189 135,905,515

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

125-905-02/Premont ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 45,416,453 0.9779 46,442,840 45,416,453
B. MULTIFAMILY RESIDENCES 511,307 N/A 511,307 511,307
C1. VACANT LOTS 937,502 N/A 937,502 937,502
D1. QUALIFIED AG LAND 5,782,982 1.0494 5,510,995 5,782,982
D2. REAL PROP:FARM & RANCH 1,301,254 N/A 1,301,254 1,301,254
E. REAL PROP NONQUAL ACREAGE 24,827,498 0.9135 27,178,432 24,827,498
F1. COMMERCIAL REAL 5,870,524 N/A 5,870,524 5,870,524
F2. INDUSTRIAL REAL 1,469,360 N/A 1,469,360 1,469,360
G. OIL,GAS,MINERALS 4,083,380 N/A 4,083,380 4,083,380
J. UTILITIES 40,871,560 1.0352 39,481,801 40,871,560
L1. COMMERCIAL PERSONAL 4,304,693 N/A 4,304,693 4,304,693
L2. INDUSTRIAL PERSONAL 21,929,480 N/A 21,929,480 21,929,480
M. MOBILE HOMES 1,250,123 N/A 1,250,123 1,250,123
Subtotal 158,556,116 160,271,691 158,556,116
Less Total Deductions 22,650,601 23,106,579 22,650,601
Total Taxable Value 135,905,515 137,165,112 135,905,515

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
140,763,189 135,905,515 140,763,189 135,905,515


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
4,857,674 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
140,763,189 135,905,515 140,763,189 135,905,515

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