taxes Property Tax Assistance

2019 ISD Summary Worksheet

249-Wise

220-915/Azle ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 38,364,876 N/A 38,364,876 38,364,876
C1. VACANT LOTS 785,550 N/A 785,550 785,550
D1. QUALIFIED AG LAND 26,810 N/A 26,810 26,810
D2. REAL PROP:FARM & RANCH 65,870 N/A 65,870 65,870
E. REAL PROP NONQUAL ACREAGE 4,650,540 N/A 4,650,540 4,650,540
F1. COMMERCIAL REAL 755,360 N/A 755,360 755,360
G. OIL,GAS,MINERALS 4,149,764 N/A 4,149,764 4,149,764
J. UTILITIES 506,614 N/A 506,614 506,614
L1. COMMERCIAL PERSONAL 448,170 N/A 448,170 448,170
M. MOBILE HOMES 1,352,110 N/A 1,352,110 1,352,110
Subtotal 51,105,664 0 51,105,664 51,105,664
Less Total Deductions 11,103,635 0 11,103,635 11,103,635
Total Taxable Value 40,002,029 0 40,002,029 40,002,029

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
41,413,877 40,002,029 41,413,877 40,002,029


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,411,848 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
41,413,877 40,002,029 41,413,877 40,002,029

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

220-915-02/Azle ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 38,364,876 N/A 38,364,876 38,364,876
C1. VACANT LOTS 785,550 N/A 785,550 785,550
D1. QUALIFIED AG LAND 26,810 N/A 26,810 26,810
D2. REAL PROP:FARM & RANCH 65,870 N/A 65,870 65,870
E. REAL PROP NONQUAL ACREAGE 4,650,540 N/A 4,650,540 4,650,540
F1. COMMERCIAL REAL 755,360 N/A 755,360 755,360
G. OIL,GAS,MINERALS 4,149,764 N/A 4,149,764 4,149,764
J. UTILITIES 506,614 N/A 506,614 506,614
L1. COMMERCIAL PERSONAL 448,170 N/A 448,170 448,170
M. MOBILE HOMES 1,352,110 N/A 1,352,110 1,352,110
Subtotal 51,105,664 51,105,664 51,105,664
Less Total Deductions 11,103,635 11,103,635 11,103,635
Total Taxable Value 40,002,029 40,002,029 40,002,029

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
41,413,877 40,002,029 41,413,877 40,002,029


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
1,411,848 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
41,413,877 40,002,029 41,413,877 40,002,029

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