taxes Property Tax Assistance

2019 ISD Summary Worksheet

157-Mason

157-901/Mason ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 155,802,750 0.9613 162,075,055 155,802,750
B. MULTIFAMILY RESIDENCES 1,677,320 N/A 1,677,320 1,677,320
C1. VACANT LOTS 7,656,300 N/A 7,656,300 7,656,300
D1. QUALIFIED AG LAND 34,283,960 0.6873 49,881,053 34,283,960
D2. REAL PROP:FARM & RANCH 14,343,280 N/A 14,343,280 14,343,280
E. REAL PROP NONQUAL ACREAGE 187,834,540 0.8821 212,940,188 187,834,540
F1. COMMERCIAL REAL 31,105,130 0.8968 34,684,579 31,105,130
F2. INDUSTRIAL REAL 917,360 N/A 917,360 917,360
J. UTILITIES 36,677,780 1.0413 35,223,067 36,677,780
L1. COMMERCIAL PERSONAL 6,792,360 N/A 6,792,360 6,792,360
L2. INDUSTRIAL PERSONAL 10,864,750 N/A 10,864,750 10,864,750
M. MOBILE HOMES 1,933,740 N/A 1,933,740 1,933,740
Subtotal 489,889,270 0 538,989,052 489,889,270
Less Total Deductions 90,325,404 0 94,491,193 90,325,404
Total Taxable Value 399,563,866 0 444,497,859 399,563,866

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
410,777,316 399,563,866 410,777,316 399,563,866


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
11,213,450 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
410,777,316 399,563,866 410,777,316 399,563,866

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

157-901-02/Mason ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 155,802,750 0.9613 162,075,055 155,802,750
B. MULTIFAMILY RESIDENCES 1,677,320 N/A 1,677,320 1,677,320
C1. VACANT LOTS 7,656,300 N/A 7,656,300 7,656,300
D1. QUALIFIED AG LAND 34,283,960 0.6873 49,881,053 34,283,960
D2. REAL PROP:FARM & RANCH 14,343,280 N/A 14,343,280 14,343,280
E. REAL PROP NONQUAL ACREAGE 187,834,540 0.8821 212,940,188 187,834,540
F1. COMMERCIAL REAL 31,105,130 0.8968 34,684,579 31,105,130
F2. INDUSTRIAL REAL 917,360 N/A 917,360 917,360
J. UTILITIES 36,677,780 1.0413 35,223,067 36,677,780
L1. COMMERCIAL PERSONAL 6,792,360 N/A 6,792,360 6,792,360
L2. INDUSTRIAL PERSONAL 10,864,750 N/A 10,864,750 10,864,750
M. MOBILE HOMES 1,933,740 N/A 1,933,740 1,933,740
Subtotal 489,889,270 538,989,052 489,889,270
Less Total Deductions 90,325,404 94,491,193 90,325,404
Total Taxable Value 399,563,866 444,497,859 399,563,866

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
410,777,316 399,563,866 410,777,316 399,563,866


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
11,213,450 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
410,777,316 399,563,866 410,777,316 399,563,866

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