taxes Property Tax Assistance

2019 ISD Summary Worksheet

175-Navarro

081-905/Wortham ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 804,780 N/A 804,780 804,780
C1. VACANT LOTS 25,880 N/A 25,880 25,880
D1. QUALIFIED AG LAND 2,157,113 1.1278 1,912,752 2,157,113
D2. REAL PROP:FARM & RANCH 173,950 N/A 173,950 173,950
E. REAL PROP NONQUAL ACREAGE 12,892,183 0.9906 13,014,519 12,892,183
G. OIL,GAS,MINERALS 167,150 N/A 167,150 167,150
J. UTILITIES 9,586,790 0.9699 9,884,308 9,586,790
L1. COMMERCIAL PERSONAL 84,100 N/A 84,100 84,100
L2. INDUSTRIAL PERSONAL 96,790 N/A 96,790 96,790
M. MOBILE HOMES 708,190 N/A 708,190 708,190
Subtotal 26,696,926 0 26,872,419 26,696,926
Less Total Deductions 3,431,700 0 3,431,700 3,431,700
Total Taxable Value 23,265,226 0 23,440,719 23,265,226

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
23,760,325 23,265,226 23,760,325 23,265,226


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
495,099 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
23,760,325 23,265,226 23,760,325 23,265,226

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

081-905-02/Wortham ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 804,780 N/A 804,780 804,780
C1. VACANT LOTS 25,880 N/A 25,880 25,880
D1. QUALIFIED AG LAND 2,157,113 1.1278 1,912,752 2,157,113
D2. REAL PROP:FARM & RANCH 173,950 N/A 173,950 173,950
E. REAL PROP NONQUAL ACREAGE 12,892,183 0.9906 13,014,519 12,892,183
G. OIL,GAS,MINERALS 167,150 N/A 167,150 167,150
J. UTILITIES 9,586,790 0.9699 9,884,308 9,586,790
L1. COMMERCIAL PERSONAL 84,100 N/A 84,100 84,100
L2. INDUSTRIAL PERSONAL 96,790 N/A 96,790 96,790
M. MOBILE HOMES 708,190 N/A 708,190 708,190
Subtotal 26,696,926 26,872,419 26,696,926
Less Total Deductions 3,431,700 3,431,700 3,431,700
Total Taxable Value 23,265,226 23,440,719 23,265,226

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
23,760,325 23,265,226 23,760,325 23,265,226


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
495,099 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
23,760,325 23,265,226 23,760,325 23,265,226

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