taxes Property Tax Assistance

2019 ISD Summary Worksheet

140-Lamb

140-908/Sudan ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 18,280,780 0.9065 20,166,332 18,280,780
C1. VACANT LOTS 201,265 N/A 201,265 201,265
D1. QUALIFIED AG LAND 23,520,535 1.2618 18,640,136 23,520,535
D2. REAL PROP:FARM & RANCH 438,400 N/A 438,400 438,400
E. REAL PROP NONQUAL ACREAGE 6,654,029 N/A 6,654,029 6,654,029
F1. COMMERCIAL REAL 1,735,270 N/A 1,735,270 1,735,270
F2. INDUSTRIAL REAL 31,250,240 N/A 31,250,240 31,250,240
J. UTILITIES 384,812,870 1.0116 380,400,227 384,812,870
L1. COMMERCIAL PERSONAL 1,391,640 N/A 1,391,640 1,391,640
L2. INDUSTRIAL PERSONAL 5,339,060 N/A 5,339,060 5,339,060
M. MOBILE HOMES 512,110 N/A 512,110 512,110
Subtotal 474,136,199 0 466,728,709 474,136,199
Less Total Deductions 39,808,171 0 40,243,425 39,808,171
Total Taxable Value 434,328,028 0 426,485,284 434,328,028

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
436,175,672 434,328,028 436,175,672 434,328,028


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,847,644 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
461,030,922 459,183,278 461,030,922 459,183,278

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

140-908-02/Sudan ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 18,280,780 0.9065 20,166,332 18,280,780
C1. VACANT LOTS 201,265 N/A 201,265 201,265
D1. QUALIFIED AG LAND 23,520,535 1.2618 18,640,136 23,520,535
D2. REAL PROP:FARM & RANCH 438,400 N/A 438,400 438,400
E. REAL PROP NONQUAL ACREAGE 6,654,029 N/A 6,654,029 6,654,029
F1. COMMERCIAL REAL 1,735,270 N/A 1,735,270 1,735,270
F2. INDUSTRIAL REAL 31,250,240 N/A 31,250,240 31,250,240
J. UTILITIES 384,812,870 1.0116 380,400,227 384,812,870
L1. COMMERCIAL PERSONAL 1,391,640 N/A 1,391,640 1,391,640
L2. INDUSTRIAL PERSONAL 5,339,060 N/A 5,339,060 5,339,060
M. MOBILE HOMES 512,110 N/A 512,110 512,110
Subtotal 474,136,199 466,728,709 474,136,199
Less Total Deductions 39,808,171 40,243,425 39,808,171
Total Taxable Value 434,328,028 426,485,284 434,328,028

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
436,175,672 434,328,028 436,175,672 434,328,028


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
1,847,644 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
461,030,922 459,183,278 461,030,922 459,183,278

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