taxes Property Tax Assistance

2019 ISD Summary Worksheet

138-Knox

138-904/Benjamin ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	3,142,490	0.9762	3,219,105	3,142,490
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	417,810	N/A	417,810	417,810
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	15,937,010	1.1813	13,491,005	15,937,010
D2. REAL PROP:FARM & RANCH	911,180	N/A	911,180	911,180
E. REAL PROP NONQUAL ACREAGE	4,188,360	0.9830	4,260,793	4,188,360
F1. COMMERCIAL REAL	727,220	N/A	727,220	727,220
F2. INDUSTRIAL REAL	7,192,630	N/A	7,192,630	7,192,630
G. OIL,GAS,MINERALS	3,618,770	N/A	3,618,770	3,618,770
J. UTILITIES	32,707,730	1.0414	31,407,461	32,707,730
L1. COMMERCIAL PERSONAL	107,192	N/A	107,192	107,192
L2. INDUSTRIAL PERSONAL	74,370	N/A	74,370	74,370
M. MOBILE HOMES	0	N/A	0	0
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	69,024,762	0	65,427,536	69,024,762
Less Total Deductions	2,302,864	0	2,339,877	2,302,864
Total Taxable Value	66,721,898	0	63,087,659	66,721,898

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
67,356,708	66,721,898	67,356,708	66,721,898

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
634,810	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
67,356,708	66,721,898	67,356,708	66,721,898

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE LOCAL VALUE IS GREATER THAN PTAD VALUE

138-904-02/Benjamin ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	3,142,490	0.9762	3,219,105	3,142,490
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	417,810	N/A	417,810	417,810
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	15,937,010	1.1813	13,491,005	15,937,010
D2. REAL PROP:FARM & RANCH	911,180	N/A	911,180	911,180
E. REAL PROP NONQUAL ACREAGE	4,188,360	0.9830	4,260,793	4,188,360
F1. COMMERCIAL REAL	727,220	N/A	727,220	727,220
F2. INDUSTRIAL REAL	7,192,630	N/A	7,192,630	7,192,630
G. OIL,GAS,MINERALS	3,618,770	N/A	3,618,770	3,618,770
J. UTILITIES	32,707,730	1.0414	31,407,461	32,707,730
L1. COMMERCIAL PERSONAL	107,192	N/A	107,192	107,192
L2. INDUSTRIAL PERSONAL	74,370	N/A	74,370	74,370
M. MOBILE HOMES	0	N/A	0	0
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	69,024,762		65,427,536	69,024,762
Less Total Deductions	2,302,864		2,339,877	2,302,864
Total Taxable Value	66,721,898		63,087,659	66,721,898

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
67,356,708	66,721,898	67,356,708	66,721,898

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
634,810	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
67,356,708	66,721,898	67,356,708	66,721,898

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