taxes Property Tax Assistance

2019 ISD Summary Worksheet

180-Oldham

180-903/Adrian ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 4,224,450 N/A 4,224,450 4,224,450
C1. VACANT LOTS 153,640 N/A 153,640 153,640
D1. QUALIFIED AG LAND 14,148,510 N/A 14,148,510 14,148,510
D2. REAL PROP:FARM & RANCH 1,567,270 N/A 1,567,270 1,567,270
E. REAL PROP NONQUAL ACREAGE 3,650,590 N/A 3,650,590 3,650,590
F1. COMMERCIAL REAL 509,740 N/A 509,740 509,740
F2. INDUSTRIAL REAL 229,535,280 N/A 229,535,280 229,535,280
J. UTILITIES 2,729,480 N/A 2,729,480 2,729,480
L1. COMMERCIAL PERSONAL 547,880 N/A 547,880 547,880
L2. INDUSTRIAL PERSONAL 16,010 N/A 16,010 16,010
M. MOBILE HOMES 87,170 N/A 87,170 87,170
Subtotal 257,170,020 0 257,170,020 257,170,020
Less Total Deductions 221,614,654 0 221,614,654 221,614,654
Total Taxable Value 35,555,366 0 35,555,366 35,555,366

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
35,823,527 35,555,366 35,823,527 35,555,366


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
268,161 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
255,049,317 254,781,156 255,049,317 254,781,156

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

180-903-02/Adrian ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 4,224,450 N/A 4,224,450 4,224,450
C1. VACANT LOTS 153,640 N/A 153,640 153,640
D1. QUALIFIED AG LAND 14,148,510 N/A 14,148,510 14,148,510
D2. REAL PROP:FARM & RANCH 1,567,270 N/A 1,567,270 1,567,270
E. REAL PROP NONQUAL ACREAGE 3,650,590 N/A 3,650,590 3,650,590
F1. COMMERCIAL REAL 509,740 N/A 509,740 509,740
F2. INDUSTRIAL REAL 229,535,280 N/A 229,535,280 229,535,280
J. UTILITIES 2,729,480 N/A 2,729,480 2,729,480
L1. COMMERCIAL PERSONAL 547,880 N/A 547,880 547,880
L2. INDUSTRIAL PERSONAL 16,010 N/A 16,010 16,010
M. MOBILE HOMES 87,170 N/A 87,170 87,170
Subtotal 257,170,020 257,170,020 257,170,020
Less Total Deductions 221,614,654 221,614,654 221,614,654
Total Taxable Value 35,555,366 35,555,366 35,555,366

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
35,823,527 35,555,366 35,823,527 35,555,366


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
268,161 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
255,049,317 254,781,156 255,049,317 254,781,156

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