taxes Property Tax Assistance

2019 ISD Summary Worksheet

219-Swisher

219-905/Kress ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 8,029,220 0.7074 11,350,325 11,350,325
B. MULTIFAMILY RESIDENCES 32,720 N/A 32,720 32,720
C1. VACANT LOTS 69,630 N/A 69,630 69,630
C2. COLONIA LOTS 14,000 N/A 14,000 14,000
D1. QUALIFIED AG LAND 19,910,497 0.7223 27,563,812 27,563,812
D2. REAL PROP:FARM & RANCH 1,148,867 N/A 1,148,867 1,148,867
E. REAL PROP NONQUAL ACREAGE 13,556,346 0.7326 18,504,431 18,504,431
F1. COMMERCIAL REAL 1,125,180 N/A 1,125,180 1,125,180
F2. INDUSTRIAL REAL 1,628,970 N/A 1,628,970 1,628,970
G. OIL,GAS,MINERALS 10,720 N/A 10,720 10,720
J. UTILITIES 84,034,950 0.9832 85,470,860 85,470,860
L1. COMMERCIAL PERSONAL 1,478,670 N/A 1,478,670 1,478,670
L2. INDUSTRIAL PERSONAL 1,931,840 N/A 1,931,840 1,931,840
M. MOBILE HOMES 567,770 N/A 567,770 567,770
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 18,750 N/A 18,750 18,750
Subtotal 133,558,130 0 150,916,545 150,916,545
Less Total Deductions 7,644,877 0 10,528,713 10,528,713
Total Taxable Value 125,913,253 0 140,387,832 140,387,832

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
142,061,886 140,387,832 142,061,886 140,387,832


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,674,054 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
142,061,886 140,387,832 142,061,886 140,387,832

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)

219-905-02/Kress ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 8,029,220 0.7074 11,350,325 11,350,325
B. MULTIFAMILY RESIDENCES 32,720 N/A 32,720 32,720
C1. VACANT LOTS 69,630 N/A 69,630 69,630
C2. COLONIA LOTS 14,000 N/A 14,000 14,000
D1. QUALIFIED AG LAND 19,910,497 0.7223 27,563,812 27,563,812
D2. REAL PROP:FARM & RANCH 1,148,867 N/A 1,148,867 1,148,867
E. REAL PROP NONQUAL ACREAGE 13,556,346 0.7326 18,504,431 18,504,431
F1. COMMERCIAL REAL 1,125,180 N/A 1,125,180 1,125,180
F2. INDUSTRIAL REAL 1,628,970 N/A 1,628,970 1,628,970
G. OIL,GAS,MINERALS 10,720 N/A 10,720 10,720
J. UTILITIES 84,034,950 0.9832 85,470,860 85,470,860
L1. COMMERCIAL PERSONAL 1,478,670 N/A 1,478,670 1,478,670
L2. INDUSTRIAL PERSONAL 1,931,840 N/A 1,931,840 1,931,840
M. MOBILE HOMES 567,770 N/A 567,770 567,770
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 18,750 N/A 18,750 18,750
Subtotal 133,558,130 150,916,545 150,916,545
Less Total Deductions 7,644,877 10,528,713 10,528,713
Total Taxable Value 125,913,253 140,387,832 140,387,832

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
142,061,886 140,387,832 142,061,886 140,387,832


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
1,674,054 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
142,061,886 140,387,832 142,061,886 140,387,832

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