taxes Property Tax Assistance

2019 ISD Summary Worksheet

227-Travis

011-902/Elgin ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	268,752,439	N/A	268,752,439	268,752,439
B. MULTIFAMILY RESIDENCES	50,877	N/A	50,877	50,877
C1. VACANT LOTS	3,148,715	N/A	3,148,715	3,148,715
D1. QUALIFIED AG LAND	6,095,333	N/A	6,095,333	6,095,333
D2. REAL PROP:FARM & RANCH	2,027,106	N/A	2,027,106	2,027,106
E. REAL PROP NONQUAL ACREAGE	52,090,695	N/A	52,090,695	52,090,695
F1. COMMERCIAL REAL	18,513,174	N/A	18,513,174	18,513,174
G. OIL,GAS,MINERALS	12,592	N/A	12,592	12,592
J. UTILITIES	6,248,764	N/A	6,248,764	6,248,764
L1. COMMERCIAL PERSONAL	6,012,513	N/A	6,012,513	6,012,513
L2. INDUSTRIAL PERSONAL	893,308	N/A	893,308	893,308
M. MOBILE HOMES	2,472,072	N/A	2,472,072	2,472,072
S. SPECIAL INVENTORY	41,871	N/A	41,871	41,871
Subtotal	366,359,459	0	366,359,459	366,359,459
Less Total Deductions	58,852,429	0	58,852,429	58,852,429
Total Taxable Value	307,507,030	0	307,507,030	307,507,030

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
317,415,068	307,507,030	317,415,068	307,507,030

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
9,908,038	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
317,415,068	307,507,030	317,415,068	307,507,030

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

011-902-02/Elgin ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	268,752,439	N/A	268,752,439	268,752,439
B. MULTIFAMILY RESIDENCES	50,877	N/A	50,877	50,877
C1. VACANT LOTS	3,148,715	N/A	3,148,715	3,148,715
D1. QUALIFIED AG LAND	6,095,333	N/A	6,095,333	6,095,333
D2. REAL PROP:FARM & RANCH	2,027,106	N/A	2,027,106	2,027,106
E. REAL PROP NONQUAL ACREAGE	52,090,695	N/A	52,090,695	52,090,695
F1. COMMERCIAL REAL	18,513,174	N/A	18,513,174	18,513,174
G. OIL,GAS,MINERALS	12,592	N/A	12,592	12,592
J. UTILITIES	6,248,764	N/A	6,248,764	6,248,764
L1. COMMERCIAL PERSONAL	6,012,513	N/A	6,012,513	6,012,513
L2. INDUSTRIAL PERSONAL	893,308	N/A	893,308	893,308
M. MOBILE HOMES	2,472,072	N/A	2,472,072	2,472,072
S. SPECIAL INVENTORY	41,871	N/A	41,871	41,871
Subtotal	366,359,459		366,359,459	366,359,459
Less Total Deductions	58,852,429		58,852,429	58,852,429
Total Taxable Value	307,507,030		307,507,030	307,507,030

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
317,415,068	307,507,030	317,415,068	307,507,030

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
9,908,038	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
317,415,068	307,507,030	317,415,068	307,507,030

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