taxes Property Tax Assistance

2019 ISD Summary Worksheet

211-Sherman

211-901/Texhoma ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 10,417,580 N/A 10,417,580 10,417,580
C1. VACANT LOTS 238,290 N/A 238,290 238,290
D1. QUALIFIED AG LAND 24,775,020 N/A 24,775,020 24,775,020
D2. REAL PROP:FARM & RANCH 140,620 N/A 140,620 140,620
E. REAL PROP NONQUAL ACREAGE 6,504,980 N/A 6,504,980 6,504,980
F1. COMMERCIAL REAL 1,057,880 N/A 1,057,880 1,057,880
F2. INDUSTRIAL REAL 12,521,630 N/A 12,521,630 12,521,630
G. OIL,GAS,MINERALS 24,564,580 N/A 24,564,580 24,564,580
J. UTILITIES 14,696,920 N/A 14,696,920 14,696,920
L1. COMMERCIAL PERSONAL 697,830 N/A 697,830 697,830
L2. INDUSTRIAL PERSONAL 2,874,630 N/A 2,874,630 2,874,630
M. MOBILE HOMES 288,090 N/A 288,090 288,090
Subtotal 98,778,050 0 98,778,050 98,778,050
Less Total Deductions 6,607,791 0 6,607,791 6,607,791
Total Taxable Value 92,170,259 0 92,170,259 92,170,259

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
93,164,119 92,170,259 93,164,119 92,170,259


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
993,860 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
93,164,119 92,170,259 93,164,119 92,170,259

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

211-901-02/Texhoma ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 10,417,580 N/A 10,417,580 10,417,580
C1. VACANT LOTS 238,290 N/A 238,290 238,290
D1. QUALIFIED AG LAND 24,775,020 N/A 24,775,020 24,775,020
D2. REAL PROP:FARM & RANCH 140,620 N/A 140,620 140,620
E. REAL PROP NONQUAL ACREAGE 6,504,980 N/A 6,504,980 6,504,980
F1. COMMERCIAL REAL 1,057,880 N/A 1,057,880 1,057,880
F2. INDUSTRIAL REAL 12,521,630 N/A 12,521,630 12,521,630
G. OIL,GAS,MINERALS 24,564,580 N/A 24,564,580 24,564,580
J. UTILITIES 14,696,920 N/A 14,696,920 14,696,920
L1. COMMERCIAL PERSONAL 697,830 N/A 697,830 697,830
L2. INDUSTRIAL PERSONAL 2,874,630 N/A 2,874,630 2,874,630
M. MOBILE HOMES 288,090 N/A 288,090 288,090
Subtotal 98,778,050 98,778,050 98,778,050
Less Total Deductions 6,607,791 6,607,791 6,607,791
Total Taxable Value 92,170,259 92,170,259 92,170,259

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
93,164,119 92,170,259 93,164,119 92,170,259


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
993,860 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
93,164,119 92,170,259 93,164,119 92,170,259

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