taxes Property Tax Assistance

2020 ISD Summary Worksheet

001-Anderson /Anderson County

001-903/Elkhart ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 90,232,372 0.9288 97,149,410 90,232,372
B - MULTIFAMILY 772,427 N/A 772,427 772,427
C1 - VACANT LOTS 166,690 N/A 166,690 166,690
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 8,856,556 0.9352 9,469,764 8,856,556
D2 - FARM & RANCH IMP 314,863 N/A 314,863 314,863
E - NON-AG LAND AND IMPROVEMENTS 163,687,343 0.9440 173,397,609 163,687,343
F1 - COMMERCIAL REAL 21,822,484 0.9170 23,797,692 21,822,484
F2 - INDUSTRIAL REAL 2,110,970 N/A 2,110,970 2,110,970
G - ALL MINERALS 19,857,624 1.0181 19,504,591 19,857,624
J - ALL UTILITIES 22,562,985 0.9758 23,122,551 22,562,985
L1 - COMMERCIAL PERSONAL 6,439,149 N/A 6,439,149 6,439,149
L2 - INDUSTRIAL PERSONAL 7,065,661 N/A 7,065,661 7,065,661
M1 - MOBILE HOMES 11,118,917 N/A 11,118,917 11,118,917
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 125,379 N/A 125,379 125,379
Subtotal 355,133,420 0 374,555,673 355,133,420
Less Total Deductions 59,739,792 0 65,036,032 59,739,792
Total Taxable Value 295,393,628 0 309,519,641 295,393,628

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
308,530,827 295,393,628 308,530,827 295,393,628


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
13,137,199 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
308,530,827 295,393,628 308,530,827 295,393,628

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 TWO OF THE GRACE PERIOD

113-Houston /Houston County

001-903/Elkhart ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 448,380 N/A 448,380 448,380
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 892,910 N/A 892,910 892,910
D2 - FARM & RANCH IMP 287,450 N/A 287,450 287,450
E - NON-AG LAND AND IMPROVEMENTS 3,786,030 N/A 3,786,030 3,786,030
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 135,050 N/A 135,050 135,050
L1 - COMMERCIAL PERSONAL 0 N/A 0 0
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 58,190 N/A 58,190 58,190
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 5,608,010 0 5,608,010 5,608,010
Less Total Deductions 852,520 0 852,520 852,520
Total Taxable Value 4,755,490 0 4,755,490 4,755,490

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
4,890,830 4,755,490 4,890,830 4,755,490


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
135,340 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
4,890,830 4,755,490 4,890,830 4,755,490

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

001-903-02/Elkhart ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 90,680,752 0.9291 97,597,790 90,680,752
B - MULTIFAMILY 772,427 N/A 772,427 772,427
C1 - VACANT LOTS 166,690 N/A 166,690 166,690
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 9,749,466 0.9408 10,362,674 9,749,466
D2 - FARM & RANCH IMP 602,313 N/A 602,313 602,313
E - NON-AG LAND AND IMPROVEMENTS 167,473,373 0.9452 177,183,639 167,473,373
F1 - COMMERCIAL REAL 21,822,484 0.9170 23,797,692 21,822,484
F2 - INDUSTRIAL REAL 2,110,970 N/A 2,110,970 2,110,970
G - ALL MINERALS 19,857,624 1.0181 19,504,591 19,857,624
J - ALL UTILITIES 22,698,035 0.9759 23,257,601 22,698,035
L1 - COMMERCIAL PERSONAL 6,439,149 N/A 6,439,149 6,439,149
L2 - INDUSTRIAL PERSONAL 7,065,661 N/A 7,065,661 7,065,661
M1 - MOBILE HOMES 11,177,107 N/A 11,177,107 11,177,107
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 125,379 N/A 125,379 125,379
Subtotal 360,741,430 380,163,683 360,741,430
Less Total Deductions 60,592,312 65,888,552 60,592,312
Total Taxable Value 300,149,118 314,275,131 300,149,118

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
313,421,657 300,149,118 313,421,657 300,149,118


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
13,272,539 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
313,421,657 300,149,118 313,421,657 300,149,118

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