taxes Property Tax Assistance

2019 ISD Summary Worksheet

223-Terry

223-902/Meadow ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	8,973,692	0.9211	9,742,365	8,973,692
B. MULTIFAMILY RESIDENCES	28,421	N/A	28,421	28,421
C1. VACANT LOTS	56,612	N/A	56,612	56,612
D1. QUALIFIED AG LAND	19,236,632	1.5496	12,413,968	19,236,632
D2. REAL PROP:FARM & RANCH	1,408,731	N/A	1,408,731	1,408,731
E. REAL PROP NONQUAL ACREAGE	8,924,012	0.8826	10,111,049	8,924,012
F1. COMMERCIAL REAL	841,697	N/A	841,697	841,697
F2. INDUSTRIAL REAL	930,033	N/A	930,033	930,033
G. OIL,GAS,MINERALS	12,742,180	1.0030	12,704,068	12,742,180
J. UTILITIES	7,108,978	1.0561	6,731,349	7,108,978
L1. COMMERCIAL PERSONAL	91,904	N/A	91,904	91,904
L2. INDUSTRIAL PERSONAL	4,162,772	N/A	4,162,772	4,162,772
M. MOBILE HOMES	299,383	N/A	299,383	299,383
Subtotal	64,805,047	0	59,522,352	64,805,047
Less Total Deductions	4,657,149	0	4,696,412	4,657,149
Total Taxable Value	60,147,898	0	54,825,940	60,147,898

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
61,048,596	60,147,898	61,048,596	60,147,898

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
900,698	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
61,048,596	60,147,898	61,048,596	60,147,898

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE LOCAL VALUE IS GREATER THAN PTAD VALUE

223-902-02/Meadow ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	8,973,692	0.9211	9,742,365	8,973,692
B. MULTIFAMILY RESIDENCES	28,421	N/A	28,421	28,421
C1. VACANT LOTS	56,612	N/A	56,612	56,612
D1. QUALIFIED AG LAND	19,236,632	1.5496	12,413,968	19,236,632
D2. REAL PROP:FARM & RANCH	1,408,731	N/A	1,408,731	1,408,731
E. REAL PROP NONQUAL ACREAGE	8,924,012	0.8826	10,111,049	8,924,012
F1. COMMERCIAL REAL	841,697	N/A	841,697	841,697
F2. INDUSTRIAL REAL	930,033	N/A	930,033	930,033
G. OIL,GAS,MINERALS	12,742,180	1.0030	12,704,068	12,742,180
J. UTILITIES	7,108,978	1.0561	6,731,349	7,108,978
L1. COMMERCIAL PERSONAL	91,904	N/A	91,904	91,904
L2. INDUSTRIAL PERSONAL	4,162,772	N/A	4,162,772	4,162,772
M. MOBILE HOMES	299,383	N/A	299,383	299,383
Subtotal	64,805,047		59,522,352	64,805,047
Less Total Deductions	4,657,149		4,696,412	4,657,149
Total Taxable Value	60,147,898		54,825,940	60,147,898

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
61,048,596	60,147,898	61,048,596	60,147,898

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
900,698	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
61,048,596	60,147,898	61,048,596	60,147,898

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