taxes Property Tax Assistance

2019 ISD Summary Worksheet

147-Limestone

161-918/Axtell ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	4,165,160	N/A	4,165,160	4,165,160
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	11,820	N/A	11,820	11,820
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	373,021	N/A	373,021	373,021
D2. REAL PROP:FARM & RANCH	297,431	N/A	297,431	297,431
E. REAL PROP NONQUAL ACREAGE	7,703,310	N/A	7,703,310	7,703,310
F1. COMMERCIAL REAL	413,070	N/A	413,070	413,070
F2. INDUSTRIAL REAL	0	N/A	0	0
G. OIL,GAS,MINERALS	0	N/A	0	0
J. UTILITIES	168,620	N/A	168,620	168,620
L1. COMMERCIAL PERSONAL	2,646	N/A	2,646	2,646
L2. INDUSTRIAL PERSONAL	110,500	N/A	110,500	110,500
M. MOBILE HOMES	541,160	N/A	541,160	541,160
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	13,786,738	0	13,786,738	13,786,738
Less Total Deductions	3,439,148	0	3,439,148	3,439,148
Total Taxable Value	10,347,590	0	10,347,590	10,347,590

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
11,069,852	10,347,590	11,069,852	10,347,590

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
722,262	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
11,069,852	10,347,590	11,069,852	10,347,590

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

161-918-02/Axtell ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	4,165,160	N/A	4,165,160	4,165,160
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	11,820	N/A	11,820	11,820
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	373,021	N/A	373,021	373,021
D2. REAL PROP:FARM & RANCH	297,431	N/A	297,431	297,431
E. REAL PROP NONQUAL ACREAGE	7,703,310	N/A	7,703,310	7,703,310
F1. COMMERCIAL REAL	413,070	N/A	413,070	413,070
F2. INDUSTRIAL REAL	0	N/A	0	0
G. OIL,GAS,MINERALS	0	N/A	0	0
J. UTILITIES	168,620	N/A	168,620	168,620
L1. COMMERCIAL PERSONAL	2,646	N/A	2,646	2,646
L2. INDUSTRIAL PERSONAL	110,500	N/A	110,500	110,500
M. MOBILE HOMES	541,160	N/A	541,160	541,160
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	13,786,738		13,786,738	13,786,738
Less Total Deductions	3,439,148		3,439,148	3,439,148
Total Taxable Value	10,347,590		10,347,590	10,347,590

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
11,069,852	10,347,590	11,069,852	10,347,590

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
722,262	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
11,069,852	10,347,590	11,069,852	10,347,590

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