taxes Property Tax Assistance

2019 ISD Summary Worksheet

172-Morris

172-905/Pewitt CISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 56,651,190 0.9958 56,890,129 56,651,190
B. MULTIFAMILY RESIDENCES 259,650 N/A 259,650 259,650
C1. VACANT LOTS 1,975,030 N/A 1,975,030 1,975,030
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 6,476,650 1.1366 5,698,120 6,476,650
D2. REAL PROP:FARM & RANCH 9,821,790 N/A 9,821,790 9,821,790
E. REAL PROP NONQUAL ACREAGE 91,644,640 0.9975 91,874,326 91,644,640
F1. COMMERCIAL REAL 13,214,540 0.9142 14,454,758 13,214,540
F2. INDUSTRIAL REAL 2,653,980 N/A 2,653,980 2,653,980
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 37,954,520 0.9696 39,144,513 37,954,520
L1. COMMERCIAL PERSONAL 6,503,760 N/A 6,503,760 6,503,760
L2. INDUSTRIAL PERSONAL 20,196,250 N/A 20,196,250 20,196,250
M. MOBILE HOMES 3,879,230 N/A 3,879,230 3,879,230
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 14,870 N/A 14,870 14,870
Subtotal 251,246,100 0 253,366,406 251,246,100
Less Total Deductions 45,675,184 0 45,806,506 45,675,184
Total Taxable Value 205,570,916 0 207,559,900 205,570,916

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
216,215,486 205,570,916 216,215,486 205,570,916


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
10,644,570 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
216,215,486 205,570,916 216,215,486 205,570,916

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

172-905-02/Pewitt CISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 56,651,190 0.9958 56,890,129 56,651,190
B. MULTIFAMILY RESIDENCES 259,650 N/A 259,650 259,650
C1. VACANT LOTS 1,975,030 N/A 1,975,030 1,975,030
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 6,476,650 1.1366 5,698,120 6,476,650
D2. REAL PROP:FARM & RANCH 9,821,790 N/A 9,821,790 9,821,790
E. REAL PROP NONQUAL ACREAGE 91,644,640 0.9975 91,874,326 91,644,640
F1. COMMERCIAL REAL 13,214,540 0.9142 14,454,758 13,214,540
F2. INDUSTRIAL REAL 2,653,980 N/A 2,653,980 2,653,980
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 37,954,520 0.9696 39,144,513 37,954,520
L1. COMMERCIAL PERSONAL 6,503,760 N/A 6,503,760 6,503,760
L2. INDUSTRIAL PERSONAL 20,196,250 N/A 20,196,250 20,196,250
M. MOBILE HOMES 3,879,230 N/A 3,879,230 3,879,230
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 14,870 N/A 14,870 14,870
Subtotal 251,246,100 253,366,406 251,246,100
Less Total Deductions 45,675,184 45,806,506 45,675,184
Total Taxable Value 205,570,916 207,559,900 205,570,916

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
216,215,486 205,570,916 216,215,486 205,570,916


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
10,644,570 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
216,215,486 205,570,916 216,215,486 205,570,916

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