taxes Property Tax Assistance

2020 ISD Summary Worksheet

138-Knox /Knox County

138-904/Benjamin ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	3,138,950	0.9178	3,420,081	3,138,950
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	355,790	N/A	355,790	355,790
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	16,022,760	1.1927	13,433,821	16,022,760
D2 - FARM & RANCH IMP	859,890	N/A	859,890	859,890
E - NON-AG LAND AND IMPROVEMENTS	4,208,990	0.9961	4,225,469	4,208,990
F1 - COMMERCIAL REAL	685,460	N/A	685,460	685,460
F2 - INDUSTRIAL REAL	20,201,110	N/A	20,201,110	20,201,110
G - ALL MINERALS	1,977,370	0.9992	1,978,953	1,977,370
J - ALL UTILITIES	45,105,570	0.9957	45,300,362	45,105,570
L1 - COMMERCIAL PERSONAL	203,990	N/A	203,990	203,990
L2 - INDUSTRIAL PERSONAL	74,650	N/A	74,650	74,650
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	92,834,530	0	90,739,576	92,834,530
Less Total Deductions	2,315,083	0	2,460,872	2,315,083
Total Taxable Value	90,519,447	0	88,278,704	90,519,447

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
91,137,757	90,519,447	91,137,757	90,519,447

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
618,310	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
91,137,757	90,519,447	91,137,757	90,519,447

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

138-904-02/Benjamin ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	3,138,950	0.9178	3,420,081	3,138,950
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	355,790	N/A	355,790	355,790
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	16,022,760	1.1927	13,433,821	16,022,760
D2 - FARM & RANCH IMP	859,890	N/A	859,890	859,890
E - NON-AG LAND AND IMPROVEMENTS	4,208,990	0.9961	4,225,469	4,208,990
F1 - COMMERCIAL REAL	685,460	N/A	685,460	685,460
F2 - INDUSTRIAL REAL	20,201,110	N/A	20,201,110	20,201,110
G - ALL MINERALS	1,977,370	0.9992	1,978,953	1,977,370
J - ALL UTILITIES	45,105,570	0.9957	45,300,362	45,105,570
L1 - COMMERCIAL PERSONAL	203,990	N/A	203,990	203,990
L2 - INDUSTRIAL PERSONAL	74,650	N/A	74,650	74,650
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	92,834,530		90,739,576	92,834,530
Less Total Deductions	2,315,083		2,460,872	2,315,083
Total Taxable Value	90,519,447		88,278,704	90,519,447

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
91,137,757	90,519,447	91,137,757	90,519,447

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
618,310	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
91,137,757	90,519,447	91,137,757	90,519,447

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