taxes Property Tax Assistance

2019 ISD Summary Worksheet

138-Knox

138-902/Knox City-O'Brien CISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	16,403,431	0.9740	16,841,305	16,403,431
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	333,650	N/A	333,650	333,650
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	7,044,840	1.1439	6,158,402	7,044,840
D2. REAL PROP:FARM & RANCH	396,980	N/A	396,980	396,980
E. REAL PROP NONQUAL ACREAGE	7,538,450	1.0173	7,410,253	7,538,450
F1. COMMERCIAL REAL	3,110,300	0.5524	5,630,521	3,110,300
F2. INDUSTRIAL REAL	748,500	N/A	748,500	748,500
G. OIL,GAS,MINERALS	10,249,050	0.9719	10,545,375	10,249,050
J. UTILITIES	7,776,860	1.0477	7,422,793	7,776,860
L1. COMMERCIAL PERSONAL	3,998,240	0.9810	4,075,678	3,998,240
L2. INDUSTRIAL PERSONAL	11,103,220	N/A	11,103,220	11,103,220
M. MOBILE HOMES	12,540	N/A	12,540	12,540
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	0	N/A	0	0
Subtotal	68,716,061	0	70,679,217	68,716,061
Less Total Deductions	10,138,230	0	10,314,957	10,138,230
Total Taxable Value	58,577,831	0	60,364,260	58,577,831

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
61,438,631	58,577,831	61,438,631	58,577,831

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
2,860,800	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
61,438,631	58,577,831	61,438,631	58,577,831

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

138-902-02/Knox City-O'Brien CISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	16,403,431	0.9740	16,841,305	16,403,431
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	333,650	N/A	333,650	333,650
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	7,044,840	1.1439	6,158,402	7,044,840
D2. REAL PROP:FARM & RANCH	396,980	N/A	396,980	396,980
E. REAL PROP NONQUAL ACREAGE	7,538,450	1.0173	7,410,253	7,538,450
F1. COMMERCIAL REAL	3,110,300	0.5524	5,630,521	3,110,300
F2. INDUSTRIAL REAL	748,500	N/A	748,500	748,500
G. OIL,GAS,MINERALS	10,249,050	0.9719	10,545,375	10,249,050
J. UTILITIES	7,776,860	1.0477	7,422,793	7,776,860
L1. COMMERCIAL PERSONAL	3,998,240	0.9810	4,075,678	3,998,240
L2. INDUSTRIAL PERSONAL	11,103,220	N/A	11,103,220	11,103,220
M. MOBILE HOMES	12,540	N/A	12,540	12,540
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	0	N/A	0	0
Subtotal	68,716,061		70,679,217	68,716,061
Less Total Deductions	10,138,230		10,314,957	10,138,230
Total Taxable Value	58,577,831		60,364,260	58,577,831

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
61,438,631	58,577,831	61,438,631	58,577,831

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
2,860,800	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
61,438,631	58,577,831	61,438,631	58,577,831

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