taxes Property Tax Assistance

2019 ISD Summary Worksheet

236-Walker

093-905/Richards ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 25,434,971 1.0768 23,620,887 25,434,971
C1. VACANT LOTS 3,123,490 N/A 3,123,490 3,123,490
D1. QUALIFIED AG LAND 2,406,060 1.1173 2,153,392 2,406,060
D2. REAL PROP:FARM & RANCH 1,938,800 N/A 1,938,800 1,938,800
E. REAL PROP NONQUAL ACREAGE 26,978,549 1.0196 26,459,934 26,978,549
F1. COMMERCIAL REAL 717,140 N/A 717,140 717,140
G. OIL,GAS,MINERALS 6,330 N/A 6,330 6,330
J. UTILITIES 4,170,870 0.6606 6,313,760 4,170,870
L1. COMMERCIAL PERSONAL 825,580 N/A 825,580 825,580
L2. INDUSTRIAL PERSONAL 1,013,340 N/A 1,013,340 1,013,340
M. MOBILE HOMES 595,110 N/A 595,110 595,110
Subtotal 67,210,240 0 66,767,763 67,210,240
Less Total Deductions 12,645,749 0 11,397,406 12,645,749
Total Taxable Value 54,564,491 0 55,370,357 54,564,491

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
56,087,744 54,564,491 56,087,744 54,564,491


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,523,253 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
56,087,744 54,564,491 56,087,744 54,564,491

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

093-905-02/Richards ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 25,434,971 1.0768 23,620,887 25,434,971
C1. VACANT LOTS 3,123,490 N/A 3,123,490 3,123,490
D1. QUALIFIED AG LAND 2,406,060 1.1173 2,153,392 2,406,060
D2. REAL PROP:FARM & RANCH 1,938,800 N/A 1,938,800 1,938,800
E. REAL PROP NONQUAL ACREAGE 26,978,549 1.0196 26,459,934 26,978,549
F1. COMMERCIAL REAL 717,140 N/A 717,140 717,140
G. OIL,GAS,MINERALS 6,330 N/A 6,330 6,330
J. UTILITIES 4,170,870 0.6606 6,313,760 4,170,870
L1. COMMERCIAL PERSONAL 825,580 N/A 825,580 825,580
L2. INDUSTRIAL PERSONAL 1,013,340 N/A 1,013,340 1,013,340
M. MOBILE HOMES 595,110 N/A 595,110 595,110
Subtotal 67,210,240 66,767,763 67,210,240
Less Total Deductions 12,645,749 11,397,406 12,645,749
Total Taxable Value 54,564,491 55,370,357 54,564,491

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
56,087,744 54,564,491 56,087,744 54,564,491


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
1,523,253 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
56,087,744 54,564,491 56,087,744 54,564,491

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