taxes Property Tax Assistance

2020 ISD Summary Worksheet

093-Grimes /Grimes County

154-901/Madisonville CISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 47,046,271 0.9183 51,231,919 47,046,271
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 4,493,900 N/A 4,493,900 4,493,900
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,653,845 0.9424 3,877,134 3,653,845
D2 - FARM & RANCH IMP 3,914,661 N/A 3,914,661 3,914,661
E - NON-AG LAND AND IMPROVEMENTS 65,177,261 1.0288 63,352,703 65,177,261
F1 - COMMERCIAL REAL 4,664,137 N/A 4,664,137 4,664,137
F2 - INDUSTRIAL REAL 258,960 N/A 258,960 258,960
G - ALL MINERALS 1,744,795 N/A 1,744,795 1,744,795
J - ALL UTILITIES 45,190,768 0.7653 59,049,743 45,190,768
L1 - COMMERCIAL PERSONAL 2,093,600 N/A 2,093,600 2,093,600
L2 - INDUSTRIAL PERSONAL 65,000 N/A 65,000 65,000
M1 - MOBILE HOMES 6,069,830 N/A 6,069,830 6,069,830
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 184,373,028 0 200,816,382 184,373,028
Less Total Deductions 26,841,145 0 28,985,646 26,841,145
Total Taxable Value 157,531,883 0 171,830,736 157,531,883

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
161,432,277 157,531,883 161,432,277 157,531,883


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,900,394 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
161,432,277 157,531,883 161,432,277 157,531,883

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

154-Madison /Madison County

154-901/Madisonville CISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 151,883,371 0.8610 176,403,451 151,883,371
B - MULTIFAMILY 4,231,660 N/A 4,231,660 4,231,660
C1 - VACANT LOTS 12,817,950 N/A 12,817,950 12,817,950
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,368,274 1.1902 10,391,367 12,368,274
D2 - FARM & RANCH IMP 17,243,581 N/A 17,243,581 17,243,581
E - NON-AG LAND AND IMPROVEMENTS 234,451,901 0.8349 280,814,350 234,451,901
F1 - COMMERCIAL REAL 92,200,420 0.9583 96,212,480 92,200,420
F2 - INDUSTRIAL REAL 21,688,320 N/A 21,688,320 21,688,320
G - ALL MINERALS 37,893,046 0.9813 38,615,149 37,893,046
J - ALL UTILITIES 157,477,650 0.8515 184,941,456 157,477,650
L1 - COMMERCIAL PERSONAL 31,371,770 N/A 31,371,770 31,371,770
L2 - INDUSTRIAL PERSONAL 52,998,120 N/A 52,998,120 52,998,120
M1 - MOBILE HOMES 11,934,310 N/A 11,934,310 11,934,310
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 211,030 N/A 211,030 211,030
Subtotal 838,771,403 0 939,874,994 838,771,403
Less Total Deductions 89,043,910 0 105,262,557 89,043,910
Total Taxable Value 749,727,493 0 834,612,437 749,727,493

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
766,835,586 749,727,493 766,835,586 749,727,493


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
17,108,093 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
766,835,586 749,727,493 766,835,586 749,727,493

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

154-901-02/Madisonville CISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 198,929,642 0.8739 227,635,370 198,929,642
B - MULTIFAMILY 4,231,660 N/A 4,231,660 4,231,660
C1 - VACANT LOTS 17,311,850 N/A 17,311,850 17,311,850
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 16,022,119 1.1229 14,268,501 16,022,119
D2 - FARM & RANCH IMP 21,158,242 N/A 21,158,242 21,158,242
E - NON-AG LAND AND IMPROVEMENTS 299,629,162 0.8706 344,167,053 299,629,162
F1 - COMMERCIAL REAL 96,864,557 0.9602 100,876,617 96,864,557
F2 - INDUSTRIAL REAL 21,947,280 N/A 21,947,280 21,947,280
G - ALL MINERALS 39,637,841 0.9821 40,359,944 39,637,841
J - ALL UTILITIES 202,668,418 0.8306 243,991,199 202,668,418
L1 - COMMERCIAL PERSONAL 33,465,370 N/A 33,465,370 33,465,370
L2 - INDUSTRIAL PERSONAL 53,063,120 N/A 53,063,120 53,063,120
M1 - MOBILE HOMES 18,004,140 N/A 18,004,140 18,004,140
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 211,030 N/A 211,030 211,030
Subtotal 1,023,144,431 1,140,691,376 1,023,144,431
Less Total Deductions 115,885,055 134,248,203 115,885,055
Total Taxable Value 907,259,376 1,006,443,173 907,259,376

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
928,267,863 907,259,376 928,267,863 907,259,376


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
21,008,487 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
928,267,863 907,259,376 928,267,863 907,259,376

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