taxes Property Tax Assistance

2019 ISD Summary Worksheet

163-Medina

163-908/Medina Valley ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 1,068,926,919 N/A 1,068,926,919 1,068,926,919
B. MULTIFAMILY RESIDENCES 5,938,300 N/A 5,938,300 5,938,300
C1. VACANT LOTS 110,848,870 N/A 110,848,870 110,848,870
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 18,435,318 N/A 18,435,318 18,435,318
D2. REAL PROP:FARM & RANCH 9,194,151 N/A 9,194,151 9,194,151
E. REAL PROP NONQUAL ACREAGE 138,811,200 N/A 138,811,200 138,811,200
F1. COMMERCIAL REAL 79,664,570 N/A 79,664,570 79,664,570
F2. INDUSTRIAL REAL 12,227,070 N/A 12,227,070 12,227,070
G. OIL,GAS,MINERALS 824,990 N/A 824,990 824,990
J. UTILITIES 30,698,080 N/A 30,698,080 30,698,080
L1. COMMERCIAL PERSONAL 26,534,100 N/A 26,534,100 26,534,100
L2. INDUSTRIAL PERSONAL 40,133,070 N/A 40,133,070 40,133,070
M. MOBILE HOMES 9,662,690 N/A 9,662,690 9,662,690
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 7,570,220 N/A 7,570,220 7,570,220
S. SPECIAL INVENTORY 7,575,140 N/A 7,575,140 7,575,140
Subtotal 1,567,044,688 0 1,567,044,688 1,567,044,688
Less Total Deductions 293,027,517 0 293,027,517 293,027,517
Total Taxable Value 1,274,017,171 0 1,274,017,171 1,274,017,171

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
1,316,592,345 1,274,017,171 1,316,592,345 1,274,017,171


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
42,575,174 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
1,316,592,345 1,274,017,171 1,316,592,345 1,274,017,171

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

163-908-02/Medina Valley ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 1,068,926,919 N/A 1,068,926,919 1,068,926,919
B. MULTIFAMILY RESIDENCES 5,938,300 N/A 5,938,300 5,938,300
C1. VACANT LOTS 110,848,870 N/A 110,848,870 110,848,870
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 18,435,318 N/A 18,435,318 18,435,318
D2. REAL PROP:FARM & RANCH 9,194,151 N/A 9,194,151 9,194,151
E. REAL PROP NONQUAL ACREAGE 138,811,200 N/A 138,811,200 138,811,200
F1. COMMERCIAL REAL 79,664,570 N/A 79,664,570 79,664,570
F2. INDUSTRIAL REAL 12,227,070 N/A 12,227,070 12,227,070
G. OIL,GAS,MINERALS 824,990 N/A 824,990 824,990
J. UTILITIES 30,698,080 N/A 30,698,080 30,698,080
L1. COMMERCIAL PERSONAL 26,534,100 N/A 26,534,100 26,534,100
L2. INDUSTRIAL PERSONAL 40,133,070 N/A 40,133,070 40,133,070
M. MOBILE HOMES 9,662,690 N/A 9,662,690 9,662,690
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 7,570,220 N/A 7,570,220 7,570,220
S. SPECIAL INVENTORY 7,575,140 N/A 7,575,140 7,575,140
Subtotal 1,567,044,688 1,567,044,688 1,567,044,688
Less Total Deductions 293,027,517 293,027,517 293,027,517
Total Taxable Value 1,274,017,171 1,274,017,171 1,274,017,171

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
1,316,592,345 1,274,017,171 1,316,592,345 1,274,017,171


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
42,575,174 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
1,316,592,345 1,274,017,171 1,316,592,345 1,274,017,171

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