taxes Property Tax Assistance

2020 ISD Summary Worksheet

231-Upton /Upton County

231-902/Rankin ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 22,464,330 N/A 22,464,330 22,464,330
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 410,320 N/A 410,320 410,320
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,362,440 0.6114 3,864,209 2,362,440
D2 - FARM & RANCH IMP 2,143,250 N/A 2,143,250 2,143,250
E - NON-AG LAND AND IMPROVEMENTS 20,240,460 N/A 20,240,460 20,240,460
F1 - COMMERCIAL REAL 3,761,370 N/A 3,761,370 3,761,370
F2 - INDUSTRIAL REAL 704,081,100 N/A 704,081,100 704,081,100
G - ALL MINERALS 4,646,206,588 0.9725 4,777,590,322 4,646,206,588
J - ALL UTILITIES 838,815,580 0.9425 889,990,005 838,815,580
L1 - COMMERCIAL PERSONAL 13,069,035 N/A 13,069,035 13,069,035
L2 - INDUSTRIAL PERSONAL 91,247,470 N/A 91,247,470 91,247,470
M1 - MOBILE HOMES 447,170 N/A 447,170 447,170
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 6,345,249,113 0 6,529,309,041 6,345,249,113
Less Total Deductions 434,976,091 0 434,976,091 434,976,091
Total Taxable Value 5,910,273,022 0 6,094,332,950 5,910,273,022

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
5,912,403,732 5,910,273,022 5,912,403,732 5,910,273,022


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,130,710 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
6,309,778,832 6,307,648,122 6,309,778,832 6,307,648,122

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

231-902-02/Rankin ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 22,464,330 N/A 22,464,330 22,464,330
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 410,320 N/A 410,320 410,320
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,362,440 0.6114 3,864,209 2,362,440
D2 - FARM & RANCH IMP 2,143,250 N/A 2,143,250 2,143,250
E - NON-AG LAND AND IMPROVEMENTS 20,240,460 N/A 20,240,460 20,240,460
F1 - COMMERCIAL REAL 3,761,370 N/A 3,761,370 3,761,370
F2 - INDUSTRIAL REAL 704,081,100 N/A 704,081,100 704,081,100
G - ALL MINERALS 4,646,206,588 0.9725 4,777,590,322 4,646,206,588
J - ALL UTILITIES 838,815,580 0.9425 889,990,005 838,815,580
L1 - COMMERCIAL PERSONAL 13,069,035 N/A 13,069,035 13,069,035
L2 - INDUSTRIAL PERSONAL 91,247,470 N/A 91,247,470 91,247,470
M1 - MOBILE HOMES 447,170 N/A 447,170 447,170
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 6,345,249,113 6,529,309,041 6,345,249,113
Less Total Deductions 434,976,091 434,976,091 434,976,091
Total Taxable Value 5,910,273,022 6,094,332,950 5,910,273,022

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
5,912,403,732 5,910,273,022 5,912,403,732 5,910,273,022


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
2,130,710 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
6,309,778,832 6,307,648,122 6,309,778,832 6,307,648,122

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