taxes Property Tax Assistance

2019 ISD Summary Worksheet

212-Smith

212-901/Arp ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 277,711,320 0.9576 290,007,644 277,711,320
B. MULTIFAMILY RESIDENCES 588,027 N/A 588,027 588,027
C1. VACANT LOTS 13,652,413 N/A 13,652,413 13,652,413
D1. QUALIFIED AG LAND 5,512,566 1.2034 4,581,005 5,512,566
D2. REAL PROP:FARM & RANCH 31,333,098 N/A 31,333,098 31,333,098
E. REAL PROP NONQUAL ACREAGE 88,599,773 1.0131 87,454,124 88,599,773
F1. COMMERCIAL REAL 8,473,068 N/A 8,473,068 8,473,068
F2. INDUSTRIAL REAL 1,581,046 N/A 1,581,046 1,581,046
G. OIL,GAS,MINERALS 30,781,710 0.9966 30,886,725 30,781,710
J. UTILITIES 38,684,833 0.9841 39,309,860 38,684,833
L1. COMMERCIAL PERSONAL 5,300,240 N/A 5,300,240 5,300,240
L2. INDUSTRIAL PERSONAL 8,395,426 N/A 8,395,426 8,395,426
M. MOBILE HOMES 4,673,345 N/A 4,673,345 4,673,345
O. RESIDENTIAL INVENTORY 572,179 N/A 572,179 572,179
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 515,859,044 0 526,808,200 515,859,044
Less Total Deductions 100,696,127 0 106,156,829 100,696,127
Total Taxable Value 415,162,917 0 420,651,371 415,162,917

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
428,734,389 415,162,917 402,629,947 389,058,475


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
13,571,472 26,104,442


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
428,734,389 415,162,917 402,629,947 389,058,475

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

212-901-02/Arp ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 277,711,320 0.9576 290,007,644 277,711,320
B. MULTIFAMILY RESIDENCES 588,027 N/A 588,027 588,027
C1. VACANT LOTS 13,652,413 N/A 13,652,413 13,652,413
D1. QUALIFIED AG LAND 5,512,566 1.2034 4,581,005 5,512,566
D2. REAL PROP:FARM & RANCH 31,333,098 N/A 31,333,098 31,333,098
E. REAL PROP NONQUAL ACREAGE 88,599,773 1.0131 87,454,124 88,599,773
F1. COMMERCIAL REAL 8,473,068 N/A 8,473,068 8,473,068
F2. INDUSTRIAL REAL 1,581,046 N/A 1,581,046 1,581,046
G. OIL,GAS,MINERALS 30,781,710 0.9966 30,886,725 30,781,710
J. UTILITIES 38,684,833 0.9841 39,309,860 38,684,833
L1. COMMERCIAL PERSONAL 5,300,240 N/A 5,300,240 5,300,240
L2. INDUSTRIAL PERSONAL 8,395,426 N/A 8,395,426 8,395,426
M. MOBILE HOMES 4,673,345 N/A 4,673,345 4,673,345
O. RESIDENTIAL INVENTORY 572,179 N/A 572,179 572,179
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 515,859,044 526,808,200 515,859,044
Less Total Deductions 100,696,127 106,156,829 100,696,127
Total Taxable Value 415,162,917 420,651,371 415,162,917

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
428,734,389 415,162,917 402,629,947 389,058,475


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
13,571,472 26,104,442


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
428,734,389 415,162,917 402,629,947 389,058,475

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