taxes Property Tax Assistance

2020 ISD Summary Worksheet

111-Hood /Hood County

111-903/Tolar ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	44,875,470	1.0197	44,008,503	44,875,470
B - MULTIFAMILY	1,833,500	N/A	1,833,500	1,833,500
C1 - VACANT LOTS	5,022,514	N/A	5,022,514	5,022,514
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	10,826,140	1.6572	6,532,840	10,826,140
D2 - FARM & RANCH IMP	6,104,440	N/A	6,104,440	6,104,440
E - NON-AG LAND AND IMPROVEMENTS	169,769,749	0.9826	172,776,052	169,769,749
F1 - COMMERCIAL REAL	10,891,440	N/A	10,891,440	10,891,440
F2 - INDUSTRIAL REAL	1,264,820	N/A	1,264,820	1,264,820
G - ALL MINERALS	3,639,390	N/A	3,639,390	3,639,390
J - ALL UTILITIES	47,247,230	0.9371	50,418,557	47,247,230
L1 - COMMERCIAL PERSONAL	5,818,350	N/A	5,818,350	5,818,350
L2 - INDUSTRIAL PERSONAL	28,295,730	N/A	28,295,730	28,295,730
M1 - MOBILE HOMES	3,348,360	N/A	3,348,360	3,348,360
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	89,250	N/A	89,250	89,250
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	339,026,383	0	340,043,746	339,026,383
Less Total Deductions	41,198,087	0	40,154,594	41,198,087
Total Taxable Value	297,828,296	0	299,889,152	297,828,296

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
304,112,513	297,828,296	304,112,513	297,828,296

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
6,284,217	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
304,112,513	297,828,296	304,112,513	297,828,296

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

111-903-02/Tolar ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	44,875,470	1.0197	44,008,503	44,875,470
B - MULTIFAMILY	1,833,500	N/A	1,833,500	1,833,500
C1 - VACANT LOTS	5,022,514	N/A	5,022,514	5,022,514
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	10,826,140	1.6572	6,532,840	10,826,140
D2 - FARM & RANCH IMP	6,104,440	N/A	6,104,440	6,104,440
E - NON-AG LAND AND IMPROVEMENTS	169,769,749	0.9826	172,776,052	169,769,749
F1 - COMMERCIAL REAL	10,891,440	N/A	10,891,440	10,891,440
F2 - INDUSTRIAL REAL	1,264,820	N/A	1,264,820	1,264,820
G - ALL MINERALS	3,639,390	N/A	3,639,390	3,639,390
J - ALL UTILITIES	47,247,230	0.9371	50,418,557	47,247,230
L1 - COMMERCIAL PERSONAL	5,818,350	N/A	5,818,350	5,818,350
L2 - INDUSTRIAL PERSONAL	28,295,730	N/A	28,295,730	28,295,730
M1 - MOBILE HOMES	3,348,360	N/A	3,348,360	3,348,360
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	89,250	N/A	89,250	89,250
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	339,026,383		340,043,746	339,026,383
Less Total Deductions	41,198,087		40,154,594	41,198,087
Total Taxable Value	297,828,296		299,889,152	297,828,296

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
304,112,513	297,828,296	304,112,513	297,828,296

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
6,284,217	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
304,112,513	297,828,296	304,112,513	297,828,296

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