taxes Property Tax Assistance

2019 ISD Summary Worksheet

167-Mills

167-902/Mullin ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	6,163,020	0.9889	6,232,197	6,163,020
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	108,050	N/A	108,050	108,050
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	15,457,770	0.9584	16,129,182	15,457,770
D2. REAL PROP:FARM & RANCH	6,344,940	N/A	6,344,940	6,344,940
E. REAL PROP NONQUAL ACREAGE	51,404,190	0.9830	52,293,174	51,404,190
F1. COMMERCIAL REAL	1,001,550	N/A	1,001,550	1,001,550
F2. INDUSTRIAL REAL	18,637,060	N/A	18,637,060	18,637,060
G. OIL,GAS,MINERALS	4,020	N/A	4,020	4,020
J. UTILITIES	46,134,770	1.1332	40,711,940	46,134,770
L1. COMMERCIAL PERSONAL	329,910	N/A	329,910	329,910
L2. INDUSTRIAL PERSONAL	339,950	N/A	339,950	339,950
M. MOBILE HOMES	352,870	N/A	352,870	352,870
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	0	N/A	0	0
Subtotal	146,278,100	0	142,484,843	146,278,100
Less Total Deductions	12,681,676	0	12,877,423	12,681,676
Total Taxable Value	133,596,424	0	129,607,420	133,596,424

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
135,768,364	133,596,424	135,768,364	133,596,424

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
2,171,940	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
135,768,364	133,596,424	135,768,364	133,596,424

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

167-902-02/Mullin ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	6,163,020	0.9889	6,232,197	6,163,020
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	108,050	N/A	108,050	108,050
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	15,457,770	0.9584	16,129,182	15,457,770
D2. REAL PROP:FARM & RANCH	6,344,940	N/A	6,344,940	6,344,940
E. REAL PROP NONQUAL ACREAGE	51,404,190	0.9830	52,293,174	51,404,190
F1. COMMERCIAL REAL	1,001,550	N/A	1,001,550	1,001,550
F2. INDUSTRIAL REAL	18,637,060	N/A	18,637,060	18,637,060
G. OIL,GAS,MINERALS	4,020	N/A	4,020	4,020
J. UTILITIES	46,134,770	1.1332	40,711,940	46,134,770
L1. COMMERCIAL PERSONAL	329,910	N/A	329,910	329,910
L2. INDUSTRIAL PERSONAL	339,950	N/A	339,950	339,950
M. MOBILE HOMES	352,870	N/A	352,870	352,870
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	0	N/A	0	0
Subtotal	146,278,100		142,484,843	146,278,100
Less Total Deductions	12,681,676		12,877,423	12,681,676
Total Taxable Value	133,596,424		129,607,420	133,596,424

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
135,768,364	133,596,424	135,768,364	133,596,424

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
2,171,940	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
135,768,364	133,596,424	135,768,364	133,596,424

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