taxes Property Tax Assistance

2019 ISD Summary Worksheet

200-Runnels

200-906/Olfen ISD

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	12,490	N/A	12,490	12,490
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	2,297,760	N/A	2,297,760	2,297,760
D2. REAL PROP:FARM & RANCH	376,640	N/A	376,640	376,640
E. REAL PROP NONQUAL ACREAGE	4,350,230	N/A	4,350,230	4,350,230
F1. COMMERCIAL REAL	1,821,330	N/A	1,821,330	1,821,330
F2. INDUSTRIAL REAL	0	N/A	0	0
G. OIL,GAS,MINERALS	0	N/A	0	0
J. UTILITIES	6,059,750	N/A	6,059,750	6,059,750
L1. COMMERCIAL PERSONAL	115,120	N/A	115,120	115,120
L2. INDUSTRIAL PERSONAL	1,600	N/A	1,600	1,600
M. MOBILE HOMES	69,640	N/A	69,640	69,640
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	15,104,560	0	15,104,560	15,104,560
Less Total Deductions	1,498,474	0	1,498,474	1,498,474
Total Taxable Value	13,606,086	0	13,606,086	13,606,086

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
13,879,836	13,606,086	13,879,836	13,606,086

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
273,750	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
13,879,836	13,606,086	13,879,836	13,606,086

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

200-906-02/Olfen ISD

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	12,490	N/A	12,490	12,490
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	2,297,760	N/A	2,297,760	2,297,760
D2. REAL PROP:FARM & RANCH	376,640	N/A	376,640	376,640
E. REAL PROP NONQUAL ACREAGE	4,350,230	N/A	4,350,230	4,350,230
F1. COMMERCIAL REAL	1,821,330	N/A	1,821,330	1,821,330
F2. INDUSTRIAL REAL	0	N/A	0	0
G. OIL,GAS,MINERALS	0	N/A	0	0
J. UTILITIES	6,059,750	N/A	6,059,750	6,059,750
L1. COMMERCIAL PERSONAL	115,120	N/A	115,120	115,120
L2. INDUSTRIAL PERSONAL	1,600	N/A	1,600	1,600
M. MOBILE HOMES	69,640	N/A	69,640	69,640
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	15,104,560		15,104,560	15,104,560
Less Total Deductions	1,498,474		1,498,474	1,498,474
Total Taxable Value	13,606,086		13,606,086	13,606,086

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
13,879,836	13,606,086	13,879,836	13,606,086

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
273,750	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
13,879,836	13,606,086	13,879,836	13,606,086

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