taxes Property Tax Assistance

2019 ISD Summary Worksheet

249-Wise

184-902/Springtown ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 107,608,192 1.0495 102,532,818 107,608,192
C1. VACANT LOTS 3,959,150 N/A 3,959,150 3,959,150
D1. QUALIFIED AG LAND 763,559 1.2001 636,251 763,559
D2. REAL PROP:FARM & RANCH 1,513,890 N/A 1,513,890 1,513,890
E. REAL PROP NONQUAL ACREAGE 95,397,387 1.0312 92,511,042 95,397,387
F1. COMMERCIAL REAL 3,607,030 N/A 3,607,030 3,607,030
G. OIL,GAS,MINERALS 5,206,861 N/A 5,206,861 5,206,861
J. UTILITIES 18,019,150 0.8926 20,187,262 18,019,150
L1. COMMERCIAL PERSONAL 4,246,650 N/A 4,246,650 4,246,650
L2. INDUSTRIAL PERSONAL 691,127 N/A 691,127 691,127
M. MOBILE HOMES 2,309,010 N/A 2,309,010 2,309,010
O. RESIDENTIAL INVENTORY 1,049,780 N/A 1,049,780 1,049,780
S. SPECIAL INVENTORY 36,520 N/A 36,520 36,520
Subtotal 244,408,306 0 238,487,391 244,408,306
Less Total Deductions 37,786,712 0 35,351,566 37,786,712
Total Taxable Value 206,621,594 0 203,135,825 206,621,594

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
212,250,887 206,621,594 212,250,887 206,621,594


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,629,293 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
212,250,887 206,621,594 212,250,887 206,621,594

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

184-902-02/Springtown ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 107,608,192 1.0495 102,532,818 107,608,192
C1. VACANT LOTS 3,959,150 N/A 3,959,150 3,959,150
D1. QUALIFIED AG LAND 763,559 1.2001 636,251 763,559
D2. REAL PROP:FARM & RANCH 1,513,890 N/A 1,513,890 1,513,890
E. REAL PROP NONQUAL ACREAGE 95,397,387 1.0312 92,511,042 95,397,387
F1. COMMERCIAL REAL 3,607,030 N/A 3,607,030 3,607,030
G. OIL,GAS,MINERALS 5,206,861 N/A 5,206,861 5,206,861
J. UTILITIES 18,019,150 0.8926 20,187,262 18,019,150
L1. COMMERCIAL PERSONAL 4,246,650 N/A 4,246,650 4,246,650
L2. INDUSTRIAL PERSONAL 691,127 N/A 691,127 691,127
M. MOBILE HOMES 2,309,010 N/A 2,309,010 2,309,010
O. RESIDENTIAL INVENTORY 1,049,780 N/A 1,049,780 1,049,780
S. SPECIAL INVENTORY 36,520 N/A 36,520 36,520
Subtotal 244,408,306 238,487,391 244,408,306
Less Total Deductions 37,786,712 35,351,566 37,786,712
Total Taxable Value 206,621,594 203,135,825 206,621,594

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
212,250,887 206,621,594 212,250,887 206,621,594


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
5,629,293 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
212,250,887 206,621,594 212,250,887 206,621,594

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