taxes Property Tax Assistance

2020 ISD Summary Worksheet

164-Menard /Menard County

164-901/Menard ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 35,681,100 0.9453 37,745,795 35,681,100
B - MULTIFAMILY 479,410 N/A 479,410 479,410
C1 - VACANT LOTS 1,995,880 N/A 1,995,880 1,995,880
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 23,847,886 0.9250 25,780,546 23,847,886
D2 - FARM & RANCH IMP 5,783,690 N/A 5,783,690 5,783,690
E - NON-AG LAND AND IMPROVEMENTS 70,074,340 0.8552 81,939,125 70,074,340
F1 - COMMERCIAL REAL 8,336,090 N/A 8,336,090 8,336,090
F2 - INDUSTRIAL REAL 8,194,340 N/A 8,194,340 8,194,340
G - ALL MINERALS 7,034,730 N/A 7,034,730 7,034,730
J - ALL UTILITIES 39,485,470 0.9253 42,673,155 39,485,470
L1 - COMMERCIAL PERSONAL 5,611,480 N/A 5,611,480 5,611,480
L2 - INDUSTRIAL PERSONAL 2,321,860 N/A 2,321,860 2,321,860
M1 - MOBILE HOMES 2,074,520 N/A 2,074,520 2,074,520
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 210,920,796 0 229,970,621 210,920,796
Less Total Deductions 20,920,094 0 21,916,828 20,920,094
Total Taxable Value 190,000,702 0 208,053,793 190,000,702

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
194,724,217 190,000,702 194,724,217 190,000,702


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,723,515 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
194,724,217 190,000,702 194,724,217 190,000,702

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

164-901-02/Menard ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 35,681,100 0.9453 37,745,795 35,681,100
B - MULTIFAMILY 479,410 N/A 479,410 479,410
C1 - VACANT LOTS 1,995,880 N/A 1,995,880 1,995,880
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 23,847,886 0.9250 25,780,546 23,847,886
D2 - FARM & RANCH IMP 5,783,690 N/A 5,783,690 5,783,690
E - NON-AG LAND AND IMPROVEMENTS 70,074,340 0.8552 81,939,125 70,074,340
F1 - COMMERCIAL REAL 8,336,090 N/A 8,336,090 8,336,090
F2 - INDUSTRIAL REAL 8,194,340 N/A 8,194,340 8,194,340
G - ALL MINERALS 7,034,730 N/A 7,034,730 7,034,730
J - ALL UTILITIES 39,485,470 0.9253 42,673,155 39,485,470
L1 - COMMERCIAL PERSONAL 5,611,480 N/A 5,611,480 5,611,480
L2 - INDUSTRIAL PERSONAL 2,321,860 N/A 2,321,860 2,321,860
M1 - MOBILE HOMES 2,074,520 N/A 2,074,520 2,074,520
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 210,920,796 229,970,621 210,920,796
Less Total Deductions 20,920,094 21,916,828 20,920,094
Total Taxable Value 190,000,702 208,053,793 190,000,702

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
194,724,217 190,000,702 194,724,217 190,000,702


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
4,723,515 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
194,724,217 190,000,702 194,724,217 190,000,702

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