taxes Property Tax Assistance

2019 ISD Summary Worksheet

208-Scurry

208-903/Ira ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 14,104,221 N/A 14,104,221 14,104,221
C1. VACANT LOTS 94,284 N/A 94,284 94,284
D1. QUALIFIED AG LAND 7,595,009 N/A 7,595,009 7,595,009
D2. REAL PROP:FARM & RANCH 1,231,403 N/A 1,231,403 1,231,403
E. REAL PROP NONQUAL ACREAGE 15,112,873 N/A 15,112,873 15,112,873
F1. COMMERCIAL REAL 480,711 N/A 480,711 480,711
F2. INDUSTRIAL REAL 1,214,693 N/A 1,214,693 1,214,693
G. OIL,GAS,MINERALS 67,775,230 N/A 67,775,230 67,775,230
J. UTILITIES 40,068,716 N/A 40,068,716 40,068,716
L1. COMMERCIAL PERSONAL 606,534 N/A 606,534 606,534
L2. INDUSTRIAL PERSONAL 5,703,640 N/A 5,703,640 5,703,640
M. MOBILE HOMES 1,063,357 N/A 1,063,357 1,063,357
Subtotal 155,050,671 0 155,050,671 155,050,671
Less Total Deductions 8,193,452 0 8,193,452 8,193,452
Total Taxable Value 146,857,219 0 146,857,219 146,857,219

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
148,633,725 146,857,219 148,633,725 146,857,219


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,776,506 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
148,633,725 146,857,219 148,633,725 146,857,219

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

208-903-02/Ira ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 14,104,221 N/A 14,104,221 14,104,221
C1. VACANT LOTS 94,284 N/A 94,284 94,284
D1. QUALIFIED AG LAND 7,595,009 N/A 7,595,009 7,595,009
D2. REAL PROP:FARM & RANCH 1,231,403 N/A 1,231,403 1,231,403
E. REAL PROP NONQUAL ACREAGE 15,112,873 N/A 15,112,873 15,112,873
F1. COMMERCIAL REAL 480,711 N/A 480,711 480,711
F2. INDUSTRIAL REAL 1,214,693 N/A 1,214,693 1,214,693
G. OIL,GAS,MINERALS 67,775,230 N/A 67,775,230 67,775,230
J. UTILITIES 40,068,716 N/A 40,068,716 40,068,716
L1. COMMERCIAL PERSONAL 606,534 N/A 606,534 606,534
L2. INDUSTRIAL PERSONAL 5,703,640 N/A 5,703,640 5,703,640
M. MOBILE HOMES 1,063,357 N/A 1,063,357 1,063,357
Subtotal 155,050,671 155,050,671 155,050,671
Less Total Deductions 8,193,452 8,193,452 8,193,452
Total Taxable Value 146,857,219 146,857,219 146,857,219

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
148,633,725 146,857,219 148,633,725 146,857,219


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
1,776,506 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
148,633,725 146,857,219 148,633,725 146,857,219

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