taxes Property Tax Assistance

2020 ISD Summary Worksheet

052-Crane /Crane County

052-901/Crane ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 106,453,860 0.7852 135,575,471 106,453,860
B - MULTIFAMILY 463,920 N/A 463,920 463,920
C1 - VACANT LOTS 7,357,170 N/A 7,357,170 7,357,170
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,324,570 0.8432 1,570,893 1,324,570
D2 - FARM & RANCH IMP 243,630 N/A 243,630 243,630
E - NON-AG LAND AND IMPROVEMENTS 11,873,160 N/A 11,873,160 11,873,160
F1 - COMMERCIAL REAL 14,809,480 N/A 14,809,480 14,809,480
F2 - INDUSTRIAL REAL 55,595,270 N/A 55,595,270 55,595,270
G - ALL MINERALS 580,537,190 0.9856 589,019,065 580,537,190
J - ALL UTILITIES 509,562,950 0.9398 542,203,607 509,562,950
L1 - COMMERCIAL PERSONAL 8,136,686 N/A 8,136,686 8,136,686
L2 - INDUSTRIAL PERSONAL 195,547,850 N/A 195,547,850 195,547,850
M1 - MOBILE HOMES 8,157,590 N/A 8,157,590 8,157,590
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 1,500,063,326 0 1,570,553,792 1,500,063,326
Less Total Deductions 69,759,033 0 77,804,413 69,759,033
Total Taxable Value 1,430,304,293 0 1,492,749,379 1,430,304,293

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
1,438,412,223 1,430,304,293 1,438,412,223 1,430,304,293


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
8,107,930 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
1,438,412,223 1,430,304,293 1,438,412,223 1,430,304,293

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

052-901-02/Crane ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 106,453,860 0.7852 135,575,471 106,453,860
B - MULTIFAMILY 463,920 N/A 463,920 463,920
C1 - VACANT LOTS 7,357,170 N/A 7,357,170 7,357,170
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,324,570 0.8432 1,570,893 1,324,570
D2 - FARM & RANCH IMP 243,630 N/A 243,630 243,630
E - NON-AG LAND AND IMPROVEMENTS 11,873,160 N/A 11,873,160 11,873,160
F1 - COMMERCIAL REAL 14,809,480 N/A 14,809,480 14,809,480
F2 - INDUSTRIAL REAL 55,595,270 N/A 55,595,270 55,595,270
G - ALL MINERALS 580,537,190 0.9856 589,019,065 580,537,190
J - ALL UTILITIES 509,562,950 0.9398 542,203,607 509,562,950
L1 - COMMERCIAL PERSONAL 8,136,686 N/A 8,136,686 8,136,686
L2 - INDUSTRIAL PERSONAL 195,547,850 N/A 195,547,850 195,547,850
M1 - MOBILE HOMES 8,157,590 N/A 8,157,590 8,157,590
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 1,500,063,326 1,570,553,792 1,500,063,326
Less Total Deductions 69,759,033 77,804,413 69,759,033
Total Taxable Value 1,430,304,293 1,492,749,379 1,430,304,293

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
1,438,412,223 1,430,304,293 1,438,412,223 1,430,304,293


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
8,107,930 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
1,438,412,223 1,430,304,293 1,438,412,223 1,430,304,293

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