taxes Property Tax Assistance

2019 ISD Summary Worksheet

217-Stonewall

076-904/Rotan ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
D1. QUALIFIED AG LAND 1,592,740 N/A 1,592,740 1,592,740
D2. REAL PROP:FARM & RANCH 191,270 N/A 191,270 191,270
E. REAL PROP NONQUAL ACREAGE 1,311,350 N/A 1,311,350 1,311,350
F1. COMMERCIAL REAL 989,160 N/A 989,160 989,160
F2. INDUSTRIAL REAL 9,948,750 N/A 9,948,750 9,948,750
G. OIL,GAS,MINERALS 898,260 N/A 898,260 898,260
J. UTILITIES 482,250 N/A 482,250 482,250
L2. INDUSTRIAL PERSONAL 4,600,540 N/A 4,600,540 4,600,540
M. MOBILE HOMES 44,580 N/A 44,580 44,580
Subtotal 20,058,900 0 20,058,900 20,058,900
Less Total Deductions 5,960,442 0 5,923,750 5,960,442
Total Taxable Value 14,098,458 0 14,135,150 14,098,458

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
14,148,458 14,098,458 14,148,458 14,098,458


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
50,000 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
19,897,208 19,847,208 19,897,208 19,847,208

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

076-904-02/Rotan ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
D1. QUALIFIED AG LAND 1,592,740 N/A 1,592,740 1,592,740
D2. REAL PROP:FARM & RANCH 191,270 N/A 191,270 191,270
E. REAL PROP NONQUAL ACREAGE 1,311,350 N/A 1,311,350 1,311,350
F1. COMMERCIAL REAL 989,160 N/A 989,160 989,160
F2. INDUSTRIAL REAL 9,948,750 N/A 9,948,750 9,948,750
G. OIL,GAS,MINERALS 898,260 N/A 898,260 898,260
J. UTILITIES 482,250 N/A 482,250 482,250
L2. INDUSTRIAL PERSONAL 4,600,540 N/A 4,600,540 4,600,540
M. MOBILE HOMES 44,580 N/A 44,580 44,580
Subtotal 20,058,900 20,058,900 20,058,900
Less Total Deductions 5,960,442 5,923,750 5,960,442
Total Taxable Value 14,098,458 14,135,150 14,098,458

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
14,148,458 14,098,458 14,148,458 14,098,458


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
50,000 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
19,897,208 19,847,208 19,897,208 19,847,208

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