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