taxes Property Tax Assistance

2019 ISD Summary Worksheet

128-Karnes

013-903/Pettus ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 1,342,198 N/A 1,342,198 1,342,198
C1. VACANT LOTS 17,950 N/A 17,950 17,950
D1. QUALIFIED AG LAND 1,526,069 N/A 1,487,655 1,526,069
D2. REAL PROP:FARM & RANCH 665,225 N/A 665,225 665,225
E. REAL PROP NONQUAL ACREAGE 10,431,306 N/A 10,431,306 10,431,306
F1. COMMERCIAL REAL 1,315,457 N/A 1,315,457 1,315,457
F2. INDUSTRIAL REAL 148,380,130 N/A 148,380,130 148,380,130
G. OIL,GAS,MINERALS 15,314,740 N/A 15,314,740 15,314,740
J. UTILITIES 11,624,120 N/A 11,624,120 11,624,120
L1. COMMERCIAL PERSONAL 44,820 N/A 44,820 44,820
L2. INDUSTRIAL PERSONAL 6,071,500 N/A 6,071,500 6,071,500
M. MOBILE HOMES 888,798 N/A 888,798 888,798
Subtotal 197,622,313 0 197,583,899 197,622,313
Less Total Deductions 77,264,080 0 77,264,080 77,264,080
Total Taxable Value 120,358,233 0 120,319,819 120,358,233

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
120,809,501 120,358,233 120,809,501 120,358,233


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
451,268 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
194,747,401 194,296,133 194,747,401 194,296,133

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

013-903-02/Pettus ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 1,342,198 N/A 1,342,198 1,342,198
C1. VACANT LOTS 17,950 N/A 17,950 17,950
D1. QUALIFIED AG LAND 1,526,069 1.0258 1,487,655 1,526,069
D2. REAL PROP:FARM & RANCH 665,225 N/A 665,225 665,225
E. REAL PROP NONQUAL ACREAGE 10,431,306 N/A 10,431,306 10,431,306
F1. COMMERCIAL REAL 1,315,457 N/A 1,315,457 1,315,457
F2. INDUSTRIAL REAL 148,380,130 N/A 148,380,130 148,380,130
G. OIL,GAS,MINERALS 15,314,740 N/A 15,314,740 15,314,740
J. UTILITIES 11,624,120 N/A 11,624,120 11,624,120
L1. COMMERCIAL PERSONAL 44,820 N/A 44,820 44,820
L2. INDUSTRIAL PERSONAL 6,071,500 N/A 6,071,500 6,071,500
M. MOBILE HOMES 888,798 N/A 888,798 888,798
Subtotal 197,622,313 197,583,899 197,622,313
Less Total Deductions 77,264,080 77,264,080 77,264,080
Total Taxable Value 120,358,233 120,319,819 120,358,233

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
120,809,501 120,358,233 120,809,501 120,358,233


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
451,268 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
194,747,401 194,296,133 194,747,401 194,296,133

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