taxes Property Tax Assistance

2019 ISD Summary Worksheet

216-Sterling

216-901/Sterling City ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 18,547,360 0.6756 27,453,168 27,453,168
B. MULTIFAMILY RESIDENCES 686,070 N/A 686,070 686,070
C1. VACANT LOTS 1,328,682 N/A 1,328,682 1,328,682
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 7,342,460 0.8644 8,494,288 8,494,288
D2. REAL PROP:FARM & RANCH 7,335,320 N/A 7,335,320 7,335,320
E. REAL PROP NONQUAL ACREAGE 11,471,200 N/A 11,471,200 11,471,200
F1. COMMERCIAL REAL 4,163,450 N/A 4,163,450 4,163,450
F2. INDUSTRIAL REAL 554,072,850 N/A 554,072,850 554,072,850
G. OIL,GAS,MINERALS 99,969,270 1.0068 99,294,070 99,294,070
J. UTILITIES 169,072,740 0.9755 173,319,057 173,319,057
L1. COMMERCIAL PERSONAL 3,591,978 N/A 3,591,978 3,591,978
L2. INDUSTRIAL PERSONAL 20,594,510 N/A 20,594,510 20,594,510
M. MOBILE HOMES 498,900 N/A 498,900 498,900
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 898,674,790 0 912,303,543 912,303,543
Less Total Deductions 9,014,582 0 11,329,439 11,329,439
Total Taxable Value 889,660,208 0 900,974,104 900,974,104

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
903,119,594 900,974,104 903,119,594 900,974,104


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,145,490 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
903,119,594 900,974,104 903,119,594 900,974,104

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 TAXABLE VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR LOCAL VALUE DID NOT EXCEED THE STATE VALUE AND: 1) WAS INVALID IN ONE OR MORE OF THE PREVIOUS TWO YEARS OR 2) IS LESS THAN 90% OF THE LOWER END OF THE MARGIN OF ERROR RANGE OR 3) THE APPRAISAL DISTRICT THAT APPRAISES PROPERTY FOR THE SCHOOL DISTRICT WAS NOT IN COMPLIANCE WITH THE SCORING REQUIREMENT OF THE COMPTROLLER'S MOST RECENT REVIEW OF THE APPRAISAL DISTRICT CONDUCTED UNDER SECTION 5.102, TAX CODE (MAP REVIEW)

216-901-02/Sterling City ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 18,547,360 0.6756 27,453,168 27,453,168
B. MULTIFAMILY RESIDENCES 686,070 N/A 686,070 686,070
C1. VACANT LOTS 1,328,682 N/A 1,328,682 1,328,682
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 7,342,460 0.8644 8,494,288 8,494,288
D2. REAL PROP:FARM & RANCH 7,335,320 N/A 7,335,320 7,335,320
E. REAL PROP NONQUAL ACREAGE 11,471,200 N/A 11,471,200 11,471,200
F1. COMMERCIAL REAL 4,163,450 N/A 4,163,450 4,163,450
F2. INDUSTRIAL REAL 554,072,850 N/A 554,072,850 554,072,850
G. OIL,GAS,MINERALS 99,969,270 1.0068 99,294,070 99,294,070
J. UTILITIES 169,072,740 0.9755 173,319,057 173,319,057
L1. COMMERCIAL PERSONAL 3,591,978 N/A 3,591,978 3,591,978
L2. INDUSTRIAL PERSONAL 20,594,510 N/A 20,594,510 20,594,510
M. MOBILE HOMES 498,900 N/A 498,900 498,900
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 898,674,790 912,303,543 912,303,543
Less Total Deductions 9,014,582 11,329,439 11,329,439
Total Taxable Value 889,660,208 900,974,104 900,974,104

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
903,119,594 900,974,104 903,119,594 900,974,104


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
2,145,490 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
903,119,594 900,974,104 903,119,594 900,974,104

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