taxes Property Tax Assistance

2019 ISD Summary Worksheet

161-McLennan

018-904/Valley Mills ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	37,198,341	N/A	37,198,341	37,198,341
C1. VACANT LOTS	1,405,270	N/A	1,405,270	1,405,270
D1. QUALIFIED AG LAND	1,857,520	N/A	1,857,520	1,857,520
D2. REAL PROP:FARM & RANCH	2,223,610	N/A	2,223,610	2,223,610
E. REAL PROP NONQUAL ACREAGE	32,309,586	N/A	32,309,586	32,309,586
F1. COMMERCIAL REAL	1,236,710	N/A	1,236,710	1,236,710
F2. INDUSTRIAL REAL	168,420	N/A	168,420	168,420
J. UTILITIES	5,961,630	N/A	5,961,630	5,961,630
L1. COMMERCIAL PERSONAL	2,147,830	N/A	2,147,830	2,147,830
L2. INDUSTRIAL PERSONAL	144,350	N/A	144,350	144,350
M. MOBILE HOMES	392,980	N/A	392,980	392,980
S. SPECIAL INVENTORY	455,190	N/A	455,190	455,190
Subtotal	85,501,437	0	85,501,437	85,501,437
Less Total Deductions	18,096,031	0	18,096,031	18,096,031
Total Taxable Value	67,405,406	0	67,405,406	67,405,406

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
69,742,506	67,405,406	69,742,506	67,405,406

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
2,337,100	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
69,742,506	67,405,406	69,742,506	67,405,406

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

018-904-02/Valley Mills ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	37,198,341	N/A	37,198,341	37,198,341
C1. VACANT LOTS	1,405,270	N/A	1,405,270	1,405,270
D1. QUALIFIED AG LAND	1,857,520	N/A	1,857,520	1,857,520
D2. REAL PROP:FARM & RANCH	2,223,610	N/A	2,223,610	2,223,610
E. REAL PROP NONQUAL ACREAGE	32,309,586	N/A	32,309,586	32,309,586
F1. COMMERCIAL REAL	1,236,710	N/A	1,236,710	1,236,710
F2. INDUSTRIAL REAL	168,420	N/A	168,420	168,420
J. UTILITIES	5,961,630	N/A	5,961,630	5,961,630
L1. COMMERCIAL PERSONAL	2,147,830	N/A	2,147,830	2,147,830
L2. INDUSTRIAL PERSONAL	144,350	N/A	144,350	144,350
M. MOBILE HOMES	392,980	N/A	392,980	392,980
S. SPECIAL INVENTORY	455,190	N/A	455,190	455,190
Subtotal	85,501,437		85,501,437	85,501,437
Less Total Deductions	18,096,031		18,096,031	18,096,031
Total Taxable Value	67,405,406		67,405,406	67,405,406

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
69,742,506	67,405,406	69,742,506	67,405,406

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
2,337,100	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
69,742,506	67,405,406	69,742,506	67,405,406

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