taxes Property Tax Assistance

2019 ISD Summary Worksheet

211-Sherman

211-902/Stratford ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 54,401,660 0.8882 61,249,336 54,401,660
B. MULTIFAMILY RESIDENCES 784,860 N/A 784,860 784,860
C1. VACANT LOTS 601,700 N/A 601,700 601,700
D1. QUALIFIED AG LAND 70,921,630 0.7101 99,870,094 70,921,630
D2. REAL PROP:FARM & RANCH 1,140,380 N/A 1,140,380 1,140,380
E. REAL PROP NONQUAL ACREAGE 14,908,490 N/A 14,908,490 14,908,490
F1. COMMERCIAL REAL 10,718,900 N/A 10,718,900 10,718,900
F2. INDUSTRIAL REAL 41,218,890 N/A 41,218,890 41,218,890
G. OIL,GAS,MINERALS 57,253,970 1.2054 47,497,901 57,253,970
J. UTILITIES 82,649,210 0.9761 84,672,892 82,649,210
L1. COMMERCIAL PERSONAL 19,832,210 N/A 19,832,210 19,832,210
L2. INDUSTRIAL PERSONAL 8,182,070 N/A 8,182,070 8,182,070
M. MOBILE HOMES 493,070 N/A 493,070 493,070
S. SPECIAL INVENTORY 740,170 N/A 740,170 740,170
Subtotal 363,847,210 0 391,910,963 363,847,210
Less Total Deductions 23,928,871 0 25,868,491 23,928,871
Total Taxable Value 339,918,339 0 366,042,472 339,918,339

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
344,646,439 339,918,339 344,646,439 339,918,339


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,728,100 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
344,646,439 339,918,339 344,646,439 339,918,339

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 YOUR SCHOOL DISTRICT IS IN YEAR TWO OF THE GRACE PERIOD

211-902-02/Stratford ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 54,401,660 0.8882 61,249,336 54,401,660
B. MULTIFAMILY RESIDENCES 784,860 N/A 784,860 784,860
C1. VACANT LOTS 601,700 N/A 601,700 601,700
D1. QUALIFIED AG LAND 70,921,630 0.7101 99,870,094 70,921,630
D2. REAL PROP:FARM & RANCH 1,140,380 N/A 1,140,380 1,140,380
E. REAL PROP NONQUAL ACREAGE 14,908,490 N/A 14,908,490 14,908,490
F1. COMMERCIAL REAL 10,718,900 N/A 10,718,900 10,718,900
F2. INDUSTRIAL REAL 41,218,890 N/A 41,218,890 41,218,890
G. OIL,GAS,MINERALS 57,253,970 1.2054 47,497,901 57,253,970
J. UTILITIES 82,649,210 0.9761 84,672,892 82,649,210
L1. COMMERCIAL PERSONAL 19,832,210 N/A 19,832,210 19,832,210
L2. INDUSTRIAL PERSONAL 8,182,070 N/A 8,182,070 8,182,070
M. MOBILE HOMES 493,070 N/A 493,070 493,070
S. SPECIAL INVENTORY 740,170 N/A 740,170 740,170
Subtotal 363,847,210 391,910,963 363,847,210
Less Total Deductions 23,928,871 25,868,491 23,928,871
Total Taxable Value 339,918,339 366,042,472 339,918,339

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
344,646,439 339,918,339 344,646,439 339,918,339


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
4,728,100 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
344,646,439 339,918,339 344,646,439 339,918,339

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