taxes Property Tax Assistance

2019 ISD Summary Worksheet

176-Newton

176-902/Newton ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	105,954,947	N/A	105,954,947	105,954,947
B. MULTIFAMILY RESIDENCES	1,084,069	N/A	1,084,069	1,084,069
C1. VACANT LOTS	10,712,497	N/A	10,712,497	10,712,497
D1. QUALIFIED AG LAND	59,728,330	N/A	59,728,330	59,728,330
D2. REAL PROP:FARM & RANCH	849,320	N/A	849,320	849,320
E. REAL PROP NONQUAL ACREAGE	89,717,080	N/A	89,717,080	89,717,080
F1. COMMERCIAL REAL	13,877,722	N/A	13,877,722	13,877,722
F2. INDUSTRIAL REAL	2,975,903	N/A	2,975,903	2,975,903
G. OIL,GAS,MINERALS	35,280,843	N/A	35,280,843	35,280,843
J. UTILITIES	21,529,661	N/A	21,529,661	21,529,661
L1. COMMERCIAL PERSONAL	5,404,735	N/A	5,404,735	5,404,735
L2. INDUSTRIAL PERSONAL	7,683,550	N/A	7,683,550	7,683,550
M. MOBILE HOMES	17,343,992	N/A	17,343,992	17,343,992
O. RESIDENTIAL INVENTORY	3,000	N/A	3,000	3,000
Subtotal	372,145,649	0	372,145,649	372,145,649
Less Total Deductions	78,981,636	0	78,981,636	78,981,636
Total Taxable Value	293,164,013	0	293,164,013	293,164,013

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
305,666,335	293,164,013	293,678,675	281,176,353

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
12,502,322	11,987,660

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
305,666,335	293,164,013	293,678,675	281,176,353

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

176-902-02/Newton ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	105,954,947	N/A	105,954,947	105,954,947
B. MULTIFAMILY RESIDENCES	1,084,069	N/A	1,084,069	1,084,069
C1. VACANT LOTS	10,712,497	N/A	10,712,497	10,712,497
D1. QUALIFIED AG LAND	59,728,330	N/A	59,728,330	59,728,330
D2. REAL PROP:FARM & RANCH	849,320	N/A	849,320	849,320
E. REAL PROP NONQUAL ACREAGE	89,717,080	N/A	89,717,080	89,717,080
F1. COMMERCIAL REAL	13,877,722	N/A	13,877,722	13,877,722
F2. INDUSTRIAL REAL	2,975,903	N/A	2,975,903	2,975,903
G. OIL,GAS,MINERALS	35,280,843	N/A	35,280,843	35,280,843
J. UTILITIES	21,529,661	N/A	21,529,661	21,529,661
L1. COMMERCIAL PERSONAL	5,404,735	N/A	5,404,735	5,404,735
L2. INDUSTRIAL PERSONAL	7,683,550	N/A	7,683,550	7,683,550
M. MOBILE HOMES	17,343,992	N/A	17,343,992	17,343,992
O. RESIDENTIAL INVENTORY	3,000	N/A	3,000	3,000
Subtotal	372,145,649		372,145,649	372,145,649
Less Total Deductions	78,981,636		78,981,636	78,981,636
Total Taxable Value	293,164,013		293,164,013	293,164,013

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
305,666,335	293,164,013	293,678,675	281,176,353

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
12,502,322	11,987,660

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
305,666,335	293,164,013	293,678,675	281,176,353

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