taxes Property Tax Assistance

2019 ISD Summary Worksheet

226-Tom Green

226-905/Water Valley ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 61,015,910 1.0009 60,961,045 61,015,910
C1. VACANT LOTS 2,346,270 N/A 2,346,270 2,346,270
D1. QUALIFIED AG LAND 11,839,760 1.6070 7,367,619 11,839,760
D2. REAL PROP:FARM & RANCH 3,466,650 N/A 3,466,650 3,466,650
E. REAL PROP NONQUAL ACREAGE 22,561,070 0.8736 25,825,401 22,561,070
F1. COMMERCIAL REAL 2,173,290 N/A 2,173,290 2,173,290
G. OIL,GAS,MINERALS 31,693,890 0.9925 31,933,390 31,693,890
J. UTILITIES 18,263,180 1.0462 17,456,681 18,263,180
L1. COMMERCIAL PERSONAL 2,109,050 N/A 2,109,050 2,109,050
L2. INDUSTRIAL PERSONAL 10,808,410 N/A 10,808,410 10,808,410
M. MOBILE HOMES 1,188,900 N/A 1,188,900 1,188,900
O. RESIDENTIAL INVENTORY 238,960 N/A 238,960 238,960
Subtotal 167,705,340 0 165,875,666 167,705,340
Less Total Deductions 26,684,074 0 26,659,322 26,684,074
Total Taxable Value 141,021,266 0 139,216,344 141,021,266

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
145,195,276 141,021,266 145,195,276 141,021,266


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,174,010 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
145,195,276 141,021,266 145,195,276 141,021,266

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

226-905-02/Water Valley ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 61,015,910 1.0009 60,961,045 61,015,910
C1. VACANT LOTS 2,346,270 N/A 2,346,270 2,346,270
D1. QUALIFIED AG LAND 11,839,760 1.6070 7,367,619 11,839,760
D2. REAL PROP:FARM & RANCH 3,466,650 N/A 3,466,650 3,466,650
E. REAL PROP NONQUAL ACREAGE 22,561,070 0.8736 25,825,401 22,561,070
F1. COMMERCIAL REAL 2,173,290 N/A 2,173,290 2,173,290
G. OIL,GAS,MINERALS 31,693,890 0.9925 31,933,390 31,693,890
J. UTILITIES 18,263,180 1.0462 17,456,681 18,263,180
L1. COMMERCIAL PERSONAL 2,109,050 N/A 2,109,050 2,109,050
L2. INDUSTRIAL PERSONAL 10,808,410 N/A 10,808,410 10,808,410
M. MOBILE HOMES 1,188,900 N/A 1,188,900 1,188,900
O. RESIDENTIAL INVENTORY 238,960 N/A 238,960 238,960
Subtotal 167,705,340 165,875,666 167,705,340
Less Total Deductions 26,684,074 26,659,322 26,684,074
Total Taxable Value 141,021,266 139,216,344 141,021,266

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
145,195,276 141,021,266 145,195,276 141,021,266


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
4,174,010 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
145,195,276 141,021,266 145,195,276 141,021,266

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