taxes Property Tax Assistance

2019 ISD Summary Worksheet

183-Panola

201-910/Tatum ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	6,338,910	N/A	6,338,910	6,338,910
B. MULTIFAMILY RESIDENCES	362,320	N/A	362,320	362,320
C1. VACANT LOTS	1,133,030	N/A	1,133,030	1,133,030
D1. QUALIFIED AG LAND	1,175,930	N/A	1,175,930	1,175,930
D2. REAL PROP:FARM & RANCH	233,730	N/A	233,730	233,730
E. REAL PROP NONQUAL ACREAGE	2,576,550	N/A	2,576,550	2,576,550
F1. COMMERCIAL REAL	179,290	N/A	179,290	179,290
F2. INDUSTRIAL REAL	15,943,480	N/A	15,943,480	15,943,480
G. OIL,GAS,MINERALS	26,261,680	N/A	26,261,680	26,261,680
J. UTILITIES	7,101,650	N/A	7,101,650	7,101,650
L1. COMMERCIAL PERSONAL	492,649	N/A	492,649	492,649
L2. INDUSTRIAL PERSONAL	10,520,380	N/A	10,520,380	10,520,380
M. MOBILE HOMES	442,140	N/A	442,140	442,140
Subtotal	72,761,739	0	72,761,739	72,761,739
Less Total Deductions	3,901,761	0	3,901,761	3,901,761
Total Taxable Value	68,859,978	0	68,859,978	68,859,978

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
69,364,328	68,859,978	68,758,728	68,254,378

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
504,350	605,600

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
69,364,328	68,859,978	68,758,728	68,254,378

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

201-910-02/Tatum ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	6,338,910	N/A	6,338,910	6,338,910
B. MULTIFAMILY RESIDENCES	362,320	N/A	362,320	362,320
C1. VACANT LOTS	1,133,030	N/A	1,133,030	1,133,030
D1. QUALIFIED AG LAND	1,175,930	N/A	1,175,930	1,175,930
D2. REAL PROP:FARM & RANCH	233,730	N/A	233,730	233,730
E. REAL PROP NONQUAL ACREAGE	2,576,550	N/A	2,576,550	2,576,550
F1. COMMERCIAL REAL	179,290	N/A	179,290	179,290
F2. INDUSTRIAL REAL	15,943,480	N/A	15,943,480	15,943,480
G. OIL,GAS,MINERALS	26,261,680	N/A	26,261,680	26,261,680
J. UTILITIES	7,101,650	N/A	7,101,650	7,101,650
L1. COMMERCIAL PERSONAL	492,649	N/A	492,649	492,649
L2. INDUSTRIAL PERSONAL	10,520,380	N/A	10,520,380	10,520,380
M. MOBILE HOMES	442,140	N/A	442,140	442,140
Subtotal	72,761,739		72,761,739	72,761,739
Less Total Deductions	3,901,761		3,901,761	3,901,761
Total Taxable Value	68,859,978		68,859,978	68,859,978

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
69,364,328	68,859,978	68,758,728	68,254,378

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
504,350	605,600

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
69,364,328	68,859,978	68,758,728	68,254,378

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