taxes Property Tax Assistance

2020 ISD Summary Worksheet

070-Ellis /Ellis County

070-911/Red Oak ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 2,063,789,342 0.9881 2,088,644,208 2,063,789,342
B - MULTIFAMILY 77,206,097 N/A 77,206,097 77,206,097
C1 - VACANT LOTS 31,645,778 N/A 31,645,778 31,645,778
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,628,668 2.4810 656,458 1,628,668
D2 - FARM & RANCH IMP 1,651,497 N/A 1,651,497 1,651,497
E - NON-AG LAND AND IMPROVEMENTS 76,629,330 N/A 76,629,330 76,629,330
F1 - COMMERCIAL REAL 202,065,566 1.1502 175,678,635 202,065,566
F2 - INDUSTRIAL REAL 96,791,040 N/A 96,791,040 96,791,040
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 31,262,641 N/A 31,262,641 31,262,641
L1 - COMMERCIAL PERSONAL 58,519,466 N/A 58,519,466 58,519,466
L2 - INDUSTRIAL PERSONAL 146,488,760 N/A 146,488,760 146,488,760
M1 - MOBILE HOMES 5,437,260 N/A 5,437,260 5,437,260
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 58,930,190 N/A 58,930,190 58,930,190
S - SPECIAL INVENTORY 126,900 N/A 126,900 126,900
Subtotal 2,852,172,535 0 2,849,668,260 2,852,172,535
Less Total Deductions 562,818,930 0 568,876,302 562,818,930
Total Taxable Value 2,289,353,605 0 2,280,791,958 2,289,353,605

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
2,356,504,867 2,289,353,605 2,356,504,867 2,289,353,605


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
67,151,262 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
2,356,504,867 2,289,353,605 2,356,504,867 2,289,353,605

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

070-911-02/Red Oak ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 2,063,789,342 0.9881 2,088,644,208 2,063,789,342
B - MULTIFAMILY 77,206,097 N/A 77,206,097 77,206,097
C1 - VACANT LOTS 31,645,778 N/A 31,645,778 31,645,778
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,628,668 2.4810 656,458 1,628,668
D2 - FARM & RANCH IMP 1,651,497 N/A 1,651,497 1,651,497
E - NON-AG LAND AND IMPROVEMENTS 76,629,330 N/A 76,629,330 76,629,330
F1 - COMMERCIAL REAL 202,065,566 1.1502 175,678,635 202,065,566
F2 - INDUSTRIAL REAL 96,791,040 N/A 96,791,040 96,791,040
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 31,262,641 N/A 31,262,641 31,262,641
L1 - COMMERCIAL PERSONAL 58,519,466 N/A 58,519,466 58,519,466
L2 - INDUSTRIAL PERSONAL 146,488,760 N/A 146,488,760 146,488,760
M1 - MOBILE HOMES 5,437,260 N/A 5,437,260 5,437,260
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 58,930,190 N/A 58,930,190 58,930,190
S - SPECIAL INVENTORY 126,900 N/A 126,900 126,900
Subtotal 2,852,172,535 2,849,668,260 2,852,172,535
Less Total Deductions 562,818,930 568,876,302 562,818,930
Total Taxable Value 2,289,353,605 2,280,791,958 2,289,353,605

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
2,356,504,867 2,289,353,605 2,356,504,867 2,289,353,605


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
67,151,262 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
2,356,504,867 2,289,353,605 2,356,504,867 2,289,353,605

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