taxes Property Tax Assistance

2020 ISD Summary Worksheet

077-Floyd /Floyd County

173-901/Motley County ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	0	N/A	0	0
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	0	N/A	0	0
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	1,119,590	N/A	1,119,590	1,119,590
D2 - FARM & RANCH IMP	49,310	N/A	49,310	49,310
E - NON-AG LAND AND IMPROVEMENTS	384,890	N/A	384,890	384,890
F1 - COMMERCIAL REAL	0	N/A	0	0
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	7,030	N/A	7,030	7,030
J - ALL UTILITIES	54,600	N/A	54,600	54,600
L1 - COMMERCIAL PERSONAL	0	N/A	0	0
L2 - INDUSTRIAL PERSONAL	29,420	N/A	29,420	29,420
M1 - MOBILE HOMES	0	N/A	0	0
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	1,644,840	0	1,644,840	1,644,840
Less Total Deductions	85,800	0	85,800	85,800
Total Taxable Value	1,559,040	0	1,559,040	1,559,040

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
1,589,040	1,559,040	1,589,040	1,559,040

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
30,000	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
1,589,040	1,559,040	1,589,040	1,559,040

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

173-Motley /Motley County

173-901/Motley County ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	17,863,240	0.9644	18,522,646	17,863,240
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	318,580	N/A	318,580	318,580
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	45,423,030	1.3399	33,899,592	45,423,030
D2 - FARM & RANCH IMP	759,850	N/A	759,850	759,850
E - NON-AG LAND AND IMPROVEMENTS	8,672,840	0.8850	9,799,819	8,672,840
F1 - COMMERCIAL REAL	2,194,220	N/A	2,194,220	2,194,220
F2 - INDUSTRIAL REAL	163,240	N/A	163,240	163,240
G - ALL MINERALS	2,194,540	N/A	2,194,540	2,194,540
J - ALL UTILITIES	43,585,830	0.8854	49,227,276	43,585,830
L1 - COMMERCIAL PERSONAL	3,395,560	N/A	3,395,560	3,395,560
L2 - INDUSTRIAL PERSONAL	2,317,200	N/A	2,317,200	2,317,200
M1 - MOBILE HOMES	429,480	N/A	429,480	429,480
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	127,317,610	0	123,222,003	127,317,610
Less Total Deductions	10,594,752	0	10,887,628	10,594,752
Total Taxable Value	116,722,858	0	112,334,375	116,722,858

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
119,321,378	116,722,858	119,321,378	116,722,858

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
2,598,520	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
119,321,378	116,722,858	119,321,378	116,722,858

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 LOCAL VALUE IS GREATER THAN PTAD VALUE

173-901-02/Motley County ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	17,863,240	0.9644	18,522,646	17,863,240
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	318,580	N/A	318,580	318,580
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	46,542,620	1.3291	35,019,182	46,542,620
D2 - FARM & RANCH IMP	809,160	N/A	809,160	809,160
E - NON-AG LAND AND IMPROVEMENTS	9,057,730	0.8893	10,184,709	9,057,730
F1 - COMMERCIAL REAL	2,194,220	N/A	2,194,220	2,194,220
F2 - INDUSTRIAL REAL	163,240	N/A	163,240	163,240
G - ALL MINERALS	2,201,570	N/A	2,201,570	2,201,570
J - ALL UTILITIES	43,640,430	0.8855	49,281,876	43,640,430
L1 - COMMERCIAL PERSONAL	3,395,560	N/A	3,395,560	3,395,560
L2 - INDUSTRIAL PERSONAL	2,346,620	N/A	2,346,620	2,346,620
M1 - MOBILE HOMES	429,480	N/A	429,480	429,480
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	128,962,450		124,866,843	128,962,450
Less Total Deductions	10,680,552		10,973,428	10,680,552
Total Taxable Value	118,281,898		113,893,415	118,281,898

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
120,910,418	118,281,898	120,910,418	118,281,898

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
2,628,520	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
120,910,418	118,281,898	120,910,418	118,281,898

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