taxes Property Tax Assistance

2019 ISD Summary Worksheet

212-Smith

212-903/Lindale ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 1,090,627,396 0.9804 1,112,431,044 1,090,627,396
B. MULTIFAMILY RESIDENCES 45,710,203 N/A 45,710,203 45,710,203
C1. VACANT LOTS 35,648,486 N/A 35,648,486 35,648,486
D1. QUALIFIED AG LAND 9,355,016 1.2048 7,764,845 9,355,016
D2. REAL PROP:FARM & RANCH 68,339,385 N/A 68,339,385 68,339,385
E. REAL PROP NONQUAL ACREAGE 284,032,730 0.9447 300,659,183 284,032,730
F1. COMMERCIAL REAL 179,537,656 0.7842 228,943,708 179,537,656
F2. INDUSTRIAL REAL 16,766,075 N/A 16,766,075 16,766,075
G. OIL,GAS,MINERALS 12,102,321 N/A 12,102,321 12,102,321
J. UTILITIES 32,005,960 N/A 32,005,960 32,005,960
L1. COMMERCIAL PERSONAL 139,106,668 1.0461 132,976,453 139,106,668
L2. INDUSTRIAL PERSONAL 3,906,870 N/A 3,906,870 3,906,870
M. MOBILE HOMES 11,867,959 N/A 11,867,959 11,867,959
O. RESIDENTIAL INVENTORY 12,428,849 N/A 12,428,849 12,428,849
S. SPECIAL INVENTORY 1,017,009 N/A 1,017,009 1,017,009
Subtotal 1,942,452,583 0 2,022,568,350 1,942,452,583
Less Total Deductions 319,608,129 0 329,194,589 319,608,129
Total Taxable Value 1,622,844,454 0 1,693,373,761 1,622,844,454

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
1,675,643,690 1,622,844,454 1,675,643,690 1,622,844,454


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
52,799,236 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
1,675,643,690 1,622,844,454 1,675,643,690 1,622,844,454

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

212-903-02/Lindale ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 1,090,627,396 0.9804 1,112,431,044 1,090,627,396
B. MULTIFAMILY RESIDENCES 45,710,203 N/A 45,710,203 45,710,203
C1. VACANT LOTS 35,648,486 N/A 35,648,486 35,648,486
D1. QUALIFIED AG LAND 9,355,016 1.2048 7,764,845 9,355,016
D2. REAL PROP:FARM & RANCH 68,339,385 N/A 68,339,385 68,339,385
E. REAL PROP NONQUAL ACREAGE 284,032,730 0.9447 300,659,183 284,032,730
F1. COMMERCIAL REAL 179,537,656 0.7842 228,943,708 179,537,656
F2. INDUSTRIAL REAL 16,766,075 N/A 16,766,075 16,766,075
G. OIL,GAS,MINERALS 12,102,321 N/A 12,102,321 12,102,321
J. UTILITIES 32,005,960 N/A 32,005,960 32,005,960
L1. COMMERCIAL PERSONAL 139,106,668 1.0461 132,976,453 139,106,668
L2. INDUSTRIAL PERSONAL 3,906,870 N/A 3,906,870 3,906,870
M. MOBILE HOMES 11,867,959 N/A 11,867,959 11,867,959
O. RESIDENTIAL INVENTORY 12,428,849 N/A 12,428,849 12,428,849
S. SPECIAL INVENTORY 1,017,009 N/A 1,017,009 1,017,009
Subtotal 1,942,452,583 2,022,568,350 1,942,452,583
Less Total Deductions 319,608,129 329,194,589 319,608,129
Total Taxable Value 1,622,844,454 1,693,373,761 1,622,844,454

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
1,675,643,690 1,622,844,454 1,675,643,690 1,622,844,454


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
52,799,236 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
1,675,643,690 1,622,844,454 1,675,643,690 1,622,844,454

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