taxes Property Tax Assistance

2019 ISD Summary Worksheet

168-Mitchell

168-901/Colorado ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 110,648,180 0.9717 113,870,721 110,648,180
B. MULTIFAMILY RESIDENCES 2,440,010 N/A 2,440,010 2,440,010
C1. VACANT LOTS 4,170,218 N/A 4,170,218 4,170,218
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 20,911,015 0.6571 31,824,780 20,911,015
D2. REAL PROP:FARM & RANCH 3,497,114 N/A 3,497,114 3,497,114
E. REAL PROP NONQUAL ACREAGE 43,505,032 0.9945 43,745,633 43,505,032
F1. COMMERCIAL REAL 38,325,603 0.8925 42,941,852 38,325,603
F2. INDUSTRIAL REAL 1,130,470 N/A 1,130,470 1,130,470
G. OIL,GAS,MINERALS 38,843,085 0.9990 38,881,967 38,843,085
J. UTILITIES 156,231,540 1.1632 134,311,847 156,231,540
L1. COMMERCIAL PERSONAL 10,137,030 N/A 10,137,030 10,137,030
L2. INDUSTRIAL PERSONAL 14,290,500 N/A 14,290,500 14,290,500
M. MOBILE HOMES 1,612,080 N/A 1,612,080 1,612,080
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 239,270 N/A 239,270 239,270
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 445,981,147 0 443,093,492 445,981,147
Less Total Deductions 45,825,841 0 47,017,540 45,825,841
Total Taxable Value 400,155,306 0 396,075,952 400,155,306

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
410,156,854 400,155,306 410,156,854 400,155,306


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
10,001,548 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
410,156,854 400,155,306 410,156,854 400,155,306

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

168-901-02/Colorado ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 110,648,180 0.9717 113,870,721 110,648,180
B. MULTIFAMILY RESIDENCES 2,440,010 N/A 2,440,010 2,440,010
C1. VACANT LOTS 4,170,218 N/A 4,170,218 4,170,218
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 20,911,015 0.6571 31,824,780 20,911,015
D2. REAL PROP:FARM & RANCH 3,497,114 N/A 3,497,114 3,497,114
E. REAL PROP NONQUAL ACREAGE 43,505,032 0.9945 43,745,633 43,505,032
F1. COMMERCIAL REAL 38,325,603 0.8925 42,941,852 38,325,603
F2. INDUSTRIAL REAL 1,130,470 N/A 1,130,470 1,130,470
G. OIL,GAS,MINERALS 38,843,085 0.9990 38,881,967 38,843,085
J. UTILITIES 156,231,540 1.1632 134,311,847 156,231,540
L1. COMMERCIAL PERSONAL 10,137,030 N/A 10,137,030 10,137,030
L2. INDUSTRIAL PERSONAL 14,290,500 N/A 14,290,500 14,290,500
M. MOBILE HOMES 1,612,080 N/A 1,612,080 1,612,080
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 239,270 N/A 239,270 239,270
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 445,981,147 443,093,492 445,981,147
Less Total Deductions 45,825,841 47,017,540 45,825,841
Total Taxable Value 400,155,306 396,075,952 400,155,306

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
410,156,854 400,155,306 410,156,854 400,155,306


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
10,001,548 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
410,156,854 400,155,306 410,156,854 400,155,306

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