taxes Property Tax Assistance

2019 ISD Summary Worksheet

164-Menard

157-901/Mason ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
C1. VACANT LOTS 2,500 N/A 2,500 2,500
D1. QUALIFIED AG LAND 768,900 N/A 768,900 768,900
D2. REAL PROP:FARM & RANCH 199,960 N/A 199,960 199,960
E. REAL PROP NONQUAL ACREAGE 3,772,830 N/A 3,772,830 3,772,830
F1. COMMERCIAL REAL 283,840 N/A 283,840 283,840
J. UTILITIES 401,240 N/A 401,240 401,240
L1. COMMERCIAL PERSONAL 15,480 N/A 15,480 15,480
M. MOBILE HOMES 49,500 N/A 49,500 49,500
Subtotal 5,494,250 0 5,494,250 5,494,250
Less Total Deductions 394,513 0 287,000 394,513
Total Taxable Value 5,099,737 0 5,207,250 5,099,737

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
5,174,737 5,099,737 5,174,737 5,099,737


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
75,000 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
5,174,737 5,099,737 5,174,737 5,099,737

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

157-901-02/Mason ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
C1. VACANT LOTS 2,500 N/A 2,500 2,500
D1. QUALIFIED AG LAND 768,900 N/A 768,900 768,900
D2. REAL PROP:FARM & RANCH 199,960 N/A 199,960 199,960
E. REAL PROP NONQUAL ACREAGE 3,772,830 N/A 3,772,830 3,772,830
F1. COMMERCIAL REAL 283,840 N/A 283,840 283,840
J. UTILITIES 401,240 N/A 401,240 401,240
L1. COMMERCIAL PERSONAL 15,480 N/A 15,480 15,480
M. MOBILE HOMES 49,500 N/A 49,500 49,500
Subtotal 5,494,250 5,494,250 5,494,250
Less Total Deductions 394,513 287,000 394,513
Total Taxable Value 5,099,737 5,207,250 5,099,737

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
5,174,737 5,099,737 5,174,737 5,099,737


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
75,000 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
5,174,737 5,099,737 5,174,737 5,099,737

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