taxes Property Tax Assistance

2019 ISD Summary Worksheet

210-Shelby

210-903/Shelbyville ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	29,608,213	0.8582	34,500,365	29,608,213
C1. VACANT LOTS	2,433,753	N/A	2,433,753	2,433,753
D1. QUALIFIED AG LAND	16,289,310	1.0480	15,542,938	16,289,310
D2. REAL PROP:FARM & RANCH	11,402,557	N/A	11,402,557	11,402,557
E. REAL PROP NONQUAL ACREAGE	64,111,395	0.8951	71,624,841	64,111,395
F1. COMMERCIAL REAL	2,058,470	N/A	2,058,470	2,058,470
F2. INDUSTRIAL REAL	2,720	N/A	2,720	2,720
G. OIL,GAS,MINERALS	124,168,570	N/A	124,168,570	124,168,570
J. UTILITIES	32,589,950	0.9515	34,251,130	32,589,950
L1. COMMERCIAL PERSONAL	3,132,813	N/A	3,132,813	3,132,813
L2. INDUSTRIAL PERSONAL	19,365,730	N/A	19,365,730	19,365,730
M. MOBILE HOMES	6,584,760	N/A	6,584,760	6,584,760
Subtotal	311,748,241	0	325,068,647	311,748,241
Less Total Deductions	32,879,753	0	37,592,467	32,879,753
Total Taxable Value	278,868,488	0	287,476,180	278,868,488

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
284,744,470	278,868,488	284,744,470	278,868,488

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
5,875,982	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
284,744,470	278,868,488	284,744,470	278,868,488

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

210-903-02/Shelbyville ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	29,608,213	0.8582	34,500,365	29,608,213
C1. VACANT LOTS	2,433,753	N/A	2,433,753	2,433,753
D1. QUALIFIED AG LAND	16,289,310	1.0480	15,542,938	16,289,310
D2. REAL PROP:FARM & RANCH	11,402,557	N/A	11,402,557	11,402,557
E. REAL PROP NONQUAL ACREAGE	64,111,395	0.8951	71,624,841	64,111,395
F1. COMMERCIAL REAL	2,058,470	N/A	2,058,470	2,058,470
F2. INDUSTRIAL REAL	2,720	N/A	2,720	2,720
G. OIL,GAS,MINERALS	124,168,570	N/A	124,168,570	124,168,570
J. UTILITIES	32,589,950	0.9515	34,251,130	32,589,950
L1. COMMERCIAL PERSONAL	3,132,813	N/A	3,132,813	3,132,813
L2. INDUSTRIAL PERSONAL	19,365,730	N/A	19,365,730	19,365,730
M. MOBILE HOMES	6,584,760	N/A	6,584,760	6,584,760
Subtotal	311,748,241		325,068,647	311,748,241
Less Total Deductions	32,879,753		37,592,467	32,879,753
Total Taxable Value	278,868,488		287,476,180	278,868,488

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
284,744,470	278,868,488	284,744,470	278,868,488

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
5,875,982	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
284,744,470	278,868,488	284,744,470	278,868,488

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