taxes Property Tax Assistance

2019 ISD Summary Worksheet

167-Mills

167-904/Priddy ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 4,728,520 0.9411 5,024,461 4,728,520
C1. VACANT LOTS 26,060 N/A 26,060 26,060
D1. QUALIFIED AG LAND 5,435,660 0.9703 5,601,788 5,435,660
D2. REAL PROP:FARM & RANCH 1,427,690 N/A 1,427,690 1,427,690
E. REAL PROP NONQUAL ACREAGE 17,631,250 0.9623 18,321,989 17,631,250
F1. COMMERCIAL REAL 745,850 N/A 745,850 745,850
F2. INDUSTRIAL REAL 143,896,040 N/A 143,896,040 143,896,040
J. UTILITIES 908,070 N/A 908,070 908,070
L1. COMMERCIAL PERSONAL 661,950 0.9861 671,281 661,950
L2. INDUSTRIAL PERSONAL 407,720 N/A 407,720 407,720
M. MOBILE HOMES 196,980 N/A 196,980 196,980
Subtotal 176,065,790 0 177,227,929 176,065,790
Less Total Deductions 135,584,851 0 135,998,283 135,584,851
Total Taxable Value 40,480,939 0 41,229,646 40,480,939

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
41,563,909 40,480,939 41,563,909 40,480,939


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,082,970 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
171,281,867 170,198,897 171,281,867 170,198,897

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

167-904-02/Priddy ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 4,728,520 0.9411 5,024,461 4,728,520
C1. VACANT LOTS 26,060 N/A 26,060 26,060
D1. QUALIFIED AG LAND 5,435,660 0.9703 5,601,788 5,435,660
D2. REAL PROP:FARM & RANCH 1,427,690 N/A 1,427,690 1,427,690
E. REAL PROP NONQUAL ACREAGE 17,631,250 0.9623 18,321,989 17,631,250
F1. COMMERCIAL REAL 745,850 N/A 745,850 745,850
F2. INDUSTRIAL REAL 143,896,040 N/A 143,896,040 143,896,040
J. UTILITIES 908,070 N/A 908,070 908,070
L1. COMMERCIAL PERSONAL 661,950 0.9861 671,281 661,950
L2. INDUSTRIAL PERSONAL 407,720 N/A 407,720 407,720
M. MOBILE HOMES 196,980 N/A 196,980 196,980
Subtotal 176,065,790 177,227,929 176,065,790
Less Total Deductions 135,584,851 135,998,283 135,584,851
Total Taxable Value 40,480,939 41,229,646 40,480,939

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
41,563,909 40,480,939 41,563,909 40,480,939


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
1,082,970 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
171,281,867 170,198,897 171,281,867 170,198,897

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