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