taxes Property Tax Assistance

2019 ISD Summary Worksheet

129-Kaufman

199-901/Rockwall ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 97,453,056 N/A 97,453,056 97,453,056
C1. VACANT LOTS 10,031,380 N/A 10,031,380 10,031,380
D1. QUALIFIED AG LAND 57,120 N/A 57,120 57,120
D2. REAL PROP:FARM & RANCH 104,980 N/A 104,980 104,980
E. REAL PROP NONQUAL ACREAGE 6,290,910 N/A 6,290,910 6,290,910
F1. COMMERCIAL REAL 1,647,660 N/A 1,647,660 1,647,660
J. UTILITIES 415,280 N/A 415,280 415,280
L1. COMMERCIAL PERSONAL 129,770 N/A 129,770 129,770
O. RESIDENTIAL INVENTORY 6,937,847 N/A 6,937,847 6,937,847
Subtotal 123,068,003 0 123,068,003 123,068,003
Less Total Deductions 9,951,719 0 9,951,719 9,951,719
Total Taxable Value 113,116,284 0 113,116,284 113,116,284

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
115,588,685 113,116,284 115,588,685 113,116,284


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,472,401 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
115,588,685 113,116,284 115,588,685 113,116,284

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

199-901-02/Rockwall ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 97,453,056 N/A 97,453,056 97,453,056
C1. VACANT LOTS 10,031,380 N/A 10,031,380 10,031,380
D1. QUALIFIED AG LAND 57,120 N/A 57,120 57,120
D2. REAL PROP:FARM & RANCH 104,980 N/A 104,980 104,980
E. REAL PROP NONQUAL ACREAGE 6,290,910 N/A 6,290,910 6,290,910
F1. COMMERCIAL REAL 1,647,660 N/A 1,647,660 1,647,660
J. UTILITIES 415,280 N/A 415,280 415,280
L1. COMMERCIAL PERSONAL 129,770 N/A 129,770 129,770
O. RESIDENTIAL INVENTORY 6,937,847 N/A 6,937,847 6,937,847
Subtotal 123,068,003 123,068,003 123,068,003
Less Total Deductions 9,951,719 9,951,719 9,951,719
Total Taxable Value 113,116,284 113,116,284 113,116,284

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
115,588,685 113,116,284 115,588,685 113,116,284


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
2,472,401 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
115,588,685 113,116,284 115,588,685 113,116,284

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