taxes Property Tax Assistance

2019 ISD Summary Worksheet

161-McLennan

161-918/Axtell ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 91,281,559 N/A 91,281,559 91,281,559
B. MULTIFAMILY RESIDENCES 87,000 N/A 87,000 87,000
C1. VACANT LOTS 1,525,487 N/A 1,525,487 1,525,487
D1. QUALIFIED AG LAND 3,869,760 N/A 3,869,760 3,869,760
D2. REAL PROP:FARM & RANCH 3,454,267 N/A 3,454,267 3,454,267
E. REAL PROP NONQUAL ACREAGE 70,994,490 N/A 70,994,490 70,994,490
F1. COMMERCIAL REAL 5,489,570 N/A 5,489,570 5,489,570
F2. INDUSTRIAL REAL 24,580 N/A 24,580 24,580
J. UTILITIES 8,702,120 N/A 8,702,120 8,702,120
L1. COMMERCIAL PERSONAL 2,827,170 N/A 2,827,170 2,827,170
L2. INDUSTRIAL PERSONAL 790,280 N/A 790,280 790,280
M. MOBILE HOMES 3,996,770 N/A 3,996,770 3,996,770
S. SPECIAL INVENTORY 9,030 N/A 9,030 9,030
Subtotal 193,052,083 0 193,052,083 193,052,083
Less Total Deductions 43,140,180 0 43,140,180 43,140,180
Total Taxable Value 149,911,903 0 149,911,903 149,911,903

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
156,584,464 149,911,903 156,584,464 149,911,903


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,672,561 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
156,584,464 149,911,903 156,584,464 149,911,903

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 91,281,559 N/A 91,281,559 91,281,559
B. MULTIFAMILY RESIDENCES 87,000 N/A 87,000 87,000
C1. VACANT LOTS 1,525,487 N/A 1,525,487 1,525,487
D1. QUALIFIED AG LAND 3,869,760 N/A 3,869,760 3,869,760
D2. REAL PROP:FARM & RANCH 3,454,267 N/A 3,454,267 3,454,267
E. REAL PROP NONQUAL ACREAGE 70,994,490 N/A 70,994,490 70,994,490
F1. COMMERCIAL REAL 5,489,570 N/A 5,489,570 5,489,570
F2. INDUSTRIAL REAL 24,580 N/A 24,580 24,580
J. UTILITIES 8,702,120 N/A 8,702,120 8,702,120
L1. COMMERCIAL PERSONAL 2,827,170 N/A 2,827,170 2,827,170
L2. INDUSTRIAL PERSONAL 790,280 N/A 790,280 790,280
M. MOBILE HOMES 3,996,770 N/A 3,996,770 3,996,770
S. SPECIAL INVENTORY 9,030 N/A 9,030 9,030
Subtotal 193,052,083 193,052,083 193,052,083
Less Total Deductions 43,140,180 43,140,180 43,140,180
Total Taxable Value 149,911,903 149,911,903 149,911,903

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
156,584,464 149,911,903 156,584,464 149,911,903


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
6,672,561 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
156,584,464 149,911,903 156,584,464 149,911,903

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