taxes Property Tax Assistance

2019 ISD Summary Worksheet

161-McLennan

161-920/China Spring ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 872,919,454 N/A 872,919,454 872,919,454
B. MULTIFAMILY RESIDENCES 53,829,584 N/A 53,829,584 53,829,584
C1. VACANT LOTS 17,765,207 N/A 17,765,207 17,765,207
D1. QUALIFIED AG LAND 3,643,631 N/A 3,643,631 3,643,631
D2. REAL PROP:FARM & RANCH 6,188,955 N/A 6,188,955 6,188,955
E. REAL PROP NONQUAL ACREAGE 204,476,832 N/A 204,476,832 204,476,832
F1. COMMERCIAL REAL 36,113,052 N/A 36,113,052 36,113,052
F2. INDUSTRIAL REAL 123,020 N/A 123,020 123,020
J. UTILITIES 11,905,650 N/A 11,905,650 11,905,650
L1. COMMERCIAL PERSONAL 13,044,230 N/A 13,044,230 13,044,230
L2. INDUSTRIAL PERSONAL 835,350 N/A 835,350 835,350
M. MOBILE HOMES 3,067,844 N/A 3,067,844 3,067,844
O. RESIDENTIAL INVENTORY 7,803,670 N/A 7,803,670 7,803,670
S. SPECIAL INVENTORY 35,140 N/A 35,140 35,140
Subtotal 1,231,751,619 0 1,231,751,619 1,231,751,619
Less Total Deductions 234,510,187 0 234,510,187 234,510,187
Total Taxable Value 997,241,432 0 997,241,432 997,241,432

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
1,029,177,114 997,241,432 1,029,177,114 997,241,432


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
31,935,682 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
1,029,177,114 997,241,432 1,029,177,114 997,241,432

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

161-920-02/China Spring ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 872,919,454 N/A 872,919,454 872,919,454
B. MULTIFAMILY RESIDENCES 53,829,584 N/A 53,829,584 53,829,584
C1. VACANT LOTS 17,765,207 N/A 17,765,207 17,765,207
D1. QUALIFIED AG LAND 3,643,631 N/A 3,643,631 3,643,631
D2. REAL PROP:FARM & RANCH 6,188,955 N/A 6,188,955 6,188,955
E. REAL PROP NONQUAL ACREAGE 204,476,832 N/A 204,476,832 204,476,832
F1. COMMERCIAL REAL 36,113,052 N/A 36,113,052 36,113,052
F2. INDUSTRIAL REAL 123,020 N/A 123,020 123,020
J. UTILITIES 11,905,650 N/A 11,905,650 11,905,650
L1. COMMERCIAL PERSONAL 13,044,230 N/A 13,044,230 13,044,230
L2. INDUSTRIAL PERSONAL 835,350 N/A 835,350 835,350
M. MOBILE HOMES 3,067,844 N/A 3,067,844 3,067,844
O. RESIDENTIAL INVENTORY 7,803,670 N/A 7,803,670 7,803,670
S. SPECIAL INVENTORY 35,140 N/A 35,140 35,140
Subtotal 1,231,751,619 1,231,751,619 1,231,751,619
Less Total Deductions 234,510,187 234,510,187 234,510,187
Total Taxable Value 997,241,432 997,241,432 997,241,432

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
1,029,177,114 997,241,432 1,029,177,114 997,241,432


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
31,935,682 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
1,029,177,114 997,241,432 1,029,177,114 997,241,432

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