taxes Property Tax Assistance

2019 ISD Summary Worksheet

164-Menard

164-901/Menard ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 32,724,320 N/A 32,724,320 32,724,320
B. MULTIFAMILY RESIDENCES 476,500 N/A 476,500 476,500
C1. VACANT LOTS 1,988,790 N/A 1,988,790 1,988,790
D1. QUALIFIED AG LAND 26,665,090 N/A 26,665,090 26,665,090
D2. REAL PROP:FARM & RANCH 4,781,460 N/A 4,781,460 4,781,460
E. REAL PROP NONQUAL ACREAGE 82,643,230 N/A 82,643,230 82,643,230
F1. COMMERCIAL REAL 7,348,950 N/A 7,348,950 7,348,950
G. OIL,GAS,MINERALS 7,486,350 N/A 7,486,350 7,486,350
J. UTILITIES 35,980,520 N/A 35,980,520 35,980,520
L1. COMMERCIAL PERSONAL 4,996,460 N/A 4,996,460 4,996,460
L2. INDUSTRIAL PERSONAL 1,962,570 N/A 1,962,570 1,962,570
M. MOBILE HOMES 1,934,420 N/A 1,934,420 1,934,420
Subtotal 208,988,660 0 208,988,660 208,988,660
Less Total Deductions 20,884,934 0 20,884,934 20,884,934
Total Taxable Value 188,103,726 0 188,103,726 188,103,726

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
192,791,996 188,103,726 192,791,996 188,103,726


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,688,270 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
192,791,996 188,103,726 192,791,996 188,103,726

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

164-901-02/Menard ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 32,724,320 N/A 32,724,320 32,724,320
B. MULTIFAMILY RESIDENCES 476,500 N/A 476,500 476,500
C1. VACANT LOTS 1,988,790 N/A 1,988,790 1,988,790
D1. QUALIFIED AG LAND 26,665,090 N/A 26,665,090 26,665,090
D2. REAL PROP:FARM & RANCH 4,781,460 N/A 4,781,460 4,781,460
E. REAL PROP NONQUAL ACREAGE 82,643,230 N/A 82,643,230 82,643,230
F1. COMMERCIAL REAL 7,348,950 N/A 7,348,950 7,348,950
G. OIL,GAS,MINERALS 7,486,350 N/A 7,486,350 7,486,350
J. UTILITIES 35,980,520 N/A 35,980,520 35,980,520
L1. COMMERCIAL PERSONAL 4,996,460 N/A 4,996,460 4,996,460
L2. INDUSTRIAL PERSONAL 1,962,570 N/A 1,962,570 1,962,570
M. MOBILE HOMES 1,934,420 N/A 1,934,420 1,934,420
Subtotal 208,988,660 208,988,660 208,988,660
Less Total Deductions 20,884,934 20,884,934 20,884,934
Total Taxable Value 188,103,726 188,103,726 188,103,726

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
192,791,996 188,103,726 192,791,996 188,103,726


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
4,688,270 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
192,791,996 188,103,726 192,791,996 188,103,726

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