taxes Property Tax Assistance

2019 ISD Summary Worksheet

215-Stephens

224-902/Woodson ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 38,540 N/A 38,540 38,540
C1. VACANT LOTS 3,900 N/A 3,900 3,900
D1. QUALIFIED AG LAND 737,770 1.0513 701,743 737,770
D2. REAL PROP:FARM & RANCH 810,120 1.0004 809,796 810,120
E. REAL PROP NONQUAL ACREAGE 1,744,000 0.9992 1,745,396 1,744,000
F1. COMMERCIAL REAL 12,600 N/A 12,600 12,600
G. OIL,GAS,MINERALS 1,337,362 0.9780 1,367,446 1,337,362
J. UTILITIES 776,240 1.0412 745,524 776,240
L1. COMMERCIAL PERSONAL 12,400 N/A 12,400 12,400
L2. INDUSTRIAL PERSONAL 121,980 N/A 121,980 121,980
M. MOBILE HOMES 81,250 N/A 81,250 81,250
Subtotal 5,676,162 0 5,640,575 5,676,162
Less Total Deductions 382,900 0 382,900 382,900
Total Taxable Value 5,293,262 0 5,257,675 5,293,262

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
5,368,262 5,293,262 5,368,262 5,293,262


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
75,000 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
5,368,262 5,293,262 5,368,262 5,293,262

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

224-902-02/Woodson ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 38,540 N/A 38,540 38,540
C1. VACANT LOTS 3,900 N/A 3,900 3,900
D1. QUALIFIED AG LAND 737,770 1.0513 701,743 737,770
D2. REAL PROP:FARM & RANCH 810,120 1.0004 809,796 810,120
E. REAL PROP NONQUAL ACREAGE 1,744,000 0.9992 1,745,396 1,744,000
F1. COMMERCIAL REAL 12,600 N/A 12,600 12,600
G. OIL,GAS,MINERALS 1,337,362 0.9780 1,367,446 1,337,362
J. UTILITIES 776,240 1.0412 745,524 776,240
L1. COMMERCIAL PERSONAL 12,400 N/A 12,400 12,400
L2. INDUSTRIAL PERSONAL 121,980 N/A 121,980 121,980
M. MOBILE HOMES 81,250 N/A 81,250 81,250
Subtotal 5,676,162 5,640,575 5,676,162
Less Total Deductions 382,900 382,900 382,900
Total Taxable Value 5,293,262 5,257,675 5,293,262

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
5,368,262 5,293,262 5,368,262 5,293,262


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
75,000 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
5,368,262 5,293,262 5,368,262 5,293,262

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