taxes Property Tax Assistance

2019 ISD Summary Worksheet

147-Limestone

147-903/Mexia ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	218,697,650	0.9387	232,979,280	218,697,650
B. MULTIFAMILY RESIDENCES	7,717,672	N/A	7,717,672	7,717,672
C1. VACANT LOTS	9,376,090	N/A	9,376,090	9,376,090
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	4,223,043	1.1588	3,644,238	4,223,043
D2. REAL PROP:FARM & RANCH	3,399,150	N/A	3,399,150	3,399,150
E. REAL PROP NONQUAL ACREAGE	87,198,740	0.8789	99,213,494	87,198,740
F1. COMMERCIAL REAL	75,790,583	0.7932	95,550,407	75,790,583
F2. INDUSTRIAL REAL	6,361,870	N/A	6,361,870	6,361,870
G. OIL,GAS,MINERALS	9,179,060	N/A	9,179,060	9,179,060
J. UTILITIES	36,396,211	0.9644	37,739,746	36,396,211
L1. COMMERCIAL PERSONAL	35,024,542	0.9223	37,975,216	35,024,542
L2. INDUSTRIAL PERSONAL	41,798,050	N/A	41,798,050	41,798,050
M. MOBILE HOMES	8,104,800	N/A	8,104,800	8,104,800
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	29,140	N/A	29,140	29,140
S. SPECIAL INVENTORY	2,333,910	N/A	2,333,910	2,333,910
Subtotal	545,630,511	0	595,402,123	545,630,511
Less Total Deductions	94,007,007	0	99,988,530	94,007,007
Total Taxable Value	451,623,504	0	495,413,593	451,623,504

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
470,935,603	451,623,504	470,935,603	451,623,504

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
19,312,099	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
470,935,603	451,623,504	470,935,603	451,623,504

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 YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

147-903-02/Mexia ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	218,697,650	0.9387	232,979,280	218,697,650
B. MULTIFAMILY RESIDENCES	7,717,672	N/A	7,717,672	7,717,672
C1. VACANT LOTS	9,376,090	N/A	9,376,090	9,376,090
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	4,223,043	1.1588	3,644,238	4,223,043
D2. REAL PROP:FARM & RANCH	3,399,150	N/A	3,399,150	3,399,150
E. REAL PROP NONQUAL ACREAGE	87,198,740	0.8789	99,213,494	87,198,740
F1. COMMERCIAL REAL	75,790,583	0.7932	95,550,407	75,790,583
F2. INDUSTRIAL REAL	6,361,870	N/A	6,361,870	6,361,870
G. OIL,GAS,MINERALS	9,179,060	N/A	9,179,060	9,179,060
J. UTILITIES	36,396,211	0.9644	37,739,746	36,396,211
L1. COMMERCIAL PERSONAL	35,024,542	0.9223	37,975,216	35,024,542
L2. INDUSTRIAL PERSONAL	41,798,050	N/A	41,798,050	41,798,050
M. MOBILE HOMES	8,104,800	N/A	8,104,800	8,104,800
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	29,140	N/A	29,140	29,140
S. SPECIAL INVENTORY	2,333,910	N/A	2,333,910	2,333,910
Subtotal	545,630,511		595,402,123	545,630,511
Less Total Deductions	94,007,007		99,988,530	94,007,007
Total Taxable Value	451,623,504		495,413,593	451,623,504

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
470,935,603	451,623,504	470,935,603	451,623,504

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
19,312,099	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
470,935,603	451,623,504	470,935,603	451,623,504

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