taxes Property Tax Assistance

2020 ISD Summary Worksheet

154-Madison /Madison County

154-903/North Zulch ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 32,294,110 0.8241 39,187,125 32,294,110
B - MULTIFAMILY 23,040 N/A 23,040 23,040
C1 - VACANT LOTS 3,154,170 N/A 3,154,170 3,154,170
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,040,151 1.2625 2,408,086 3,040,151
D2 - FARM & RANCH IMP 5,300,950 N/A 5,300,950 5,300,950
E - NON-AG LAND AND IMPROVEMENTS 66,553,260 0.8260 80,572,954 66,553,260
F1 - COMMERCIAL REAL 4,020,900 N/A 4,020,900 4,020,900
F2 - INDUSTRIAL REAL 260,110 N/A 260,110 260,110
G - ALL MINERALS 126,262,230 0.9967 126,680,275 126,262,230
J - ALL UTILITIES 43,278,580 0.8622 50,195,523 43,278,580
L1 - COMMERCIAL PERSONAL 1,232,480 N/A 1,232,480 1,232,480
L2 - INDUSTRIAL PERSONAL 3,774,650 N/A 3,774,650 3,774,650
M1 - MOBILE HOMES 3,801,600 N/A 3,801,600 3,801,600
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 292,996,231 0 320,611,863 292,996,231
Less Total Deductions 36,660,169 0 42,820,670 36,660,169
Total Taxable Value 256,336,062 0 277,791,193 256,336,062

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
256,336,062 256,336,062 256,336,062 256,336,062


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
0 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
256,336,062 256,336,062 256,336,062 256,336,062

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

154-903-02/North Zulch ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 32,294,110 0.8241 39,187,125 32,294,110
B - MULTIFAMILY 23,040 N/A 23,040 23,040
C1 - VACANT LOTS 3,154,170 N/A 3,154,170 3,154,170
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,040,151 1.2625 2,408,086 3,040,151
D2 - FARM & RANCH IMP 5,300,950 N/A 5,300,950 5,300,950
E - NON-AG LAND AND IMPROVEMENTS 66,553,260 0.8260 80,572,954 66,553,260
F1 - COMMERCIAL REAL 4,020,900 N/A 4,020,900 4,020,900
F2 - INDUSTRIAL REAL 260,110 N/A 260,110 260,110
G - ALL MINERALS 126,262,230 0.9967 126,680,275 126,262,230
J - ALL UTILITIES 43,278,580 0.8622 50,195,523 43,278,580
L1 - COMMERCIAL PERSONAL 1,232,480 N/A 1,232,480 1,232,480
L2 - INDUSTRIAL PERSONAL 3,774,650 N/A 3,774,650 3,774,650
M1 - MOBILE HOMES 3,801,600 N/A 3,801,600 3,801,600
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 292,996,231 320,611,863 292,996,231
Less Total Deductions 36,660,169 42,820,670 36,660,169
Total Taxable Value 256,336,062 277,791,193 256,336,062

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
256,336,062 256,336,062 256,336,062 256,336,062


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
0 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
256,336,062 256,336,062 256,336,062 256,336,062

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