taxes Property Tax Assistance

2019 ISD Summary Worksheet

175-Navarro

175-903/Corsicana ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 765,015,788 0.9432 811,085,441 765,015,788
B. MULTIFAMILY RESIDENCES 44,652,895 N/A 44,652,895 44,652,895
C1. VACANT LOTS 33,902,135 N/A 33,902,135 33,902,135
D1. QUALIFIED AG LAND 11,768,824 1.0887 10,810,381 11,768,824
D2. REAL PROP:FARM & RANCH 3,302,622 N/A 3,302,622 3,302,622
E. REAL PROP NONQUAL ACREAGE 166,574,655 1.0740 155,097,444 166,574,655
F1. COMMERCIAL REAL 319,958,474 0.9579 334,020,747 319,958,474
F2. INDUSTRIAL REAL 182,980,630 N/A 182,980,630 182,980,630
G. OIL,GAS,MINERALS 958,070 N/A 958,070 958,070
J. UTILITIES 236,486,790 1.0221 231,373,437 236,486,790
L1. COMMERCIAL PERSONAL 106,010,520 1.0585 100,151,649 106,010,520
L2. INDUSTRIAL PERSONAL 381,670,230 N/A 381,670,230 381,670,230
M. MOBILE HOMES 11,209,800 N/A 11,209,800 11,209,800
O. RESIDENTIAL INVENTORY 619,660 N/A 619,660 619,660
S. SPECIAL INVENTORY 12,743,300 N/A 12,743,300 12,743,300
Subtotal 2,277,854,393 0 2,314,578,441 2,277,854,393
Less Total Deductions 259,056,406 0 275,017,601 259,056,406
Total Taxable Value 2,018,797,987 0 2,039,560,840 2,018,797,987

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
2,069,746,978 2,018,797,987 2,069,746,978 2,018,797,987


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
50,948,991 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
2,069,746,978 2,018,797,987 2,069,746,978 2,018,797,987

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

175-903-02/Corsicana ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 765,015,788 0.9432 811,085,441 765,015,788
B. MULTIFAMILY RESIDENCES 44,652,895 N/A 44,652,895 44,652,895
C1. VACANT LOTS 33,902,135 N/A 33,902,135 33,902,135
D1. QUALIFIED AG LAND 11,768,824 1.0887 10,810,381 11,768,824
D2. REAL PROP:FARM & RANCH 3,302,622 N/A 3,302,622 3,302,622
E. REAL PROP NONQUAL ACREAGE 166,574,655 1.0740 155,097,444 166,574,655
F1. COMMERCIAL REAL 319,958,474 0.9579 334,020,747 319,958,474
F2. INDUSTRIAL REAL 182,980,630 N/A 182,980,630 182,980,630
G. OIL,GAS,MINERALS 958,070 N/A 958,070 958,070
J. UTILITIES 236,486,790 1.0221 231,373,437 236,486,790
L1. COMMERCIAL PERSONAL 106,010,520 1.0585 100,151,649 106,010,520
L2. INDUSTRIAL PERSONAL 381,670,230 N/A 381,670,230 381,670,230
M. MOBILE HOMES 11,209,800 N/A 11,209,800 11,209,800
O. RESIDENTIAL INVENTORY 619,660 N/A 619,660 619,660
S. SPECIAL INVENTORY 12,743,300 N/A 12,743,300 12,743,300
Subtotal 2,277,854,393 2,314,578,441 2,277,854,393
Less Total Deductions 259,056,406 275,017,601 259,056,406
Total Taxable Value 2,018,797,987 2,039,560,840 2,018,797,987

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
2,069,746,978 2,018,797,987 2,069,746,978 2,018,797,987


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
50,948,991 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
2,069,746,978 2,018,797,987 2,069,746,978 2,018,797,987

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