taxes Property Tax Assistance

2019 ISD Summary Worksheet

200-Runnels

042-905/Panther Creek CISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 0 N/A 0 0
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 0 N/A 0 0
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 4,644,970 1.6796 2,765,471 4,644,970
D2. REAL PROP:FARM & RANCH 435,040 N/A 435,040 435,040
E. REAL PROP NONQUAL ACREAGE 4,893,140 1.0418 4,696,813 4,893,140
F1. COMMERCIAL REAL 168,630 N/A 168,630 168,630
F2. INDUSTRIAL REAL 0 N/A 0 0
G. OIL,GAS,MINERALS 585,000 N/A 585,000 585,000
J. UTILITIES 12,394,550 1.1591 10,693,253 12,394,550
L1. COMMERCIAL PERSONAL 0 N/A 0 0
L2. INDUSTRIAL PERSONAL 199,180 N/A 199,180 199,180
M. MOBILE HOMES 0 N/A 0 0
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 23,320,510 0 19,543,387 23,320,510
Less Total Deductions 571,316 0 571,316 571,316
Total Taxable Value 22,749,194 0 18,972,071 22,749,194

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
22,849,714 22,749,194 22,849,714 22,749,194


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
100,520 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
22,849,714 22,749,194 22,849,714 22,749,194

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE LOCAL VALUE IS GREATER THAN PTAD VALUE

042-905-02/Panther Creek CISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 0 N/A 0 0
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 0 N/A 0 0
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 4,644,970 1.6796 2,765,471 4,644,970
D2. REAL PROP:FARM & RANCH 435,040 N/A 435,040 435,040
E. REAL PROP NONQUAL ACREAGE 4,893,140 1.0418 4,696,813 4,893,140
F1. COMMERCIAL REAL 168,630 N/A 168,630 168,630
F2. INDUSTRIAL REAL 0 N/A 0 0
G. OIL,GAS,MINERALS 585,000 N/A 585,000 585,000
J. UTILITIES 12,394,550 1.1591 10,693,253 12,394,550
L1. COMMERCIAL PERSONAL 0 N/A 0 0
L2. INDUSTRIAL PERSONAL 199,180 N/A 199,180 199,180
M. MOBILE HOMES 0 N/A 0 0
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 23,320,510 19,543,387 23,320,510
Less Total Deductions 571,316 571,316 571,316
Total Taxable Value 22,749,194 18,972,071 22,749,194

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
22,849,714 22,749,194 22,849,714 22,749,194


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
100,520 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
22,849,714 22,749,194 22,849,714 22,749,194

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