taxes Property Tax Assistance

2019 ISD Summary Worksheet

219-Swisher

219-901/Happy ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 8,835,950 0.6355 13,903,934 13,903,934
C1. VACANT LOTS 119,140 N/A 119,140 119,140
D1. QUALIFIED AG LAND 13,654,380 0.6333 21,561,514 21,561,514
D2. REAL PROP:FARM & RANCH 847,160 N/A 847,160 847,160
E. REAL PROP NONQUAL ACREAGE 5,610,966 0.4902 11,446,279 11,446,279
F1. COMMERCIAL REAL 504,590 N/A 504,590 504,590
F2. INDUSTRIAL REAL 8,136,990 N/A 8,136,990 8,136,990
J. UTILITIES 15,461,230 0.9818 15,747,841 15,747,841
L1. COMMERCIAL PERSONAL 531,270 N/A 531,270 531,270
L2. INDUSTRIAL PERSONAL 5,143,890 N/A 5,143,890 5,143,890
M. MOBILE HOMES 1,033,040 N/A 1,033,040 1,033,040
Subtotal 59,878,606 0 78,975,648 78,975,648
Less Total Deductions 5,471,135 0 7,585,948 7,585,948
Total Taxable Value 54,407,471 0 71,389,700 71,389,700

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
72,547,561 71,389,700 72,547,561 71,389,700


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,157,861 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
72,547,561 71,389,700 72,547,561 71,389,700

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)

219-901-02/Happy ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 8,835,950 0.6355 13,903,934 13,903,934
C1. VACANT LOTS 119,140 N/A 119,140 119,140
D1. QUALIFIED AG LAND 13,654,380 0.6333 21,561,514 21,561,514
D2. REAL PROP:FARM & RANCH 847,160 N/A 847,160 847,160
E. REAL PROP NONQUAL ACREAGE 5,610,966 0.4902 11,446,279 11,446,279
F1. COMMERCIAL REAL 504,590 N/A 504,590 504,590
F2. INDUSTRIAL REAL 8,136,990 N/A 8,136,990 8,136,990
J. UTILITIES 15,461,230 0.9818 15,747,841 15,747,841
L1. COMMERCIAL PERSONAL 531,270 N/A 531,270 531,270
L2. INDUSTRIAL PERSONAL 5,143,890 N/A 5,143,890 5,143,890
M. MOBILE HOMES 1,033,040 N/A 1,033,040 1,033,040
Subtotal 59,878,606 78,975,648 78,975,648
Less Total Deductions 5,471,135 7,585,948 7,585,948
Total Taxable Value 54,407,471 71,389,700 71,389,700

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
72,547,561 71,389,700 72,547,561 71,389,700


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
1,157,861 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
72,547,561 71,389,700 72,547,561 71,389,700

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