taxes Property Tax Assistance

2020 ISD Summary Worksheet

026-Burleson

026-902/Somerville ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 165,949,231 0.9411 176,335,385 165,949,231
B - MULTIFAMILY 859,811 N/A 859,811 859,811
C1 - VACANT LOTS 23,990,558 0.9499 25,255,877 23,990,558
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,553,050 1.0655 5,211,565 5,553,050
D2 - FARM & RANCH IMP 8,848,045 N/A 8,848,045 8,848,045
E - NON-AG LAND AND IMPROVEMENTS 97,187,768 1.0035 96,848,797 97,187,768
F1 - COMMERCIAL REAL 24,628,702 0.9410 26,172,903 24,628,702
F2 - INDUSTRIAL REAL 2,159,124 N/A 2,159,124 2,159,124
G - ALL MINERALS 29,203,490 1.0076 28,983,218 29,203,490
J - ALL UTILITIES 26,975,212 0.7900 34,145,838 26,975,212
L1 - COMMERCIAL PERSONAL 6,520,197 N/A 6,520,197 6,520,197
L2 - INDUSTRIAL PERSONAL 43,978,473 N/A 43,978,473 43,978,473
M1 - MOBILE HOMES 16,682,277 N/A 16,682,277 16,682,277
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 217,983 N/A 217,983 217,983
S - SPECIAL INVENTORY 6,451 N/A 6,451 6,451
Subtotal 452,760,372 0 472,225,944 452,760,372
Less Total Deductions 91,797,675 0 97,666,091 91,797,675
Total Taxable Value 360,962,697 0 374,559,853 360,962,697

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
371,827,721 360,962,697 371,827,721 360,962,697


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
10,865,024 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
371,827,721 360,962,697 371,827,721 360,962,697

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

026-902-02/Somerville ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 165,949,231 0.9411 176,335,385 165,949,231
B - MULTIFAMILY 859,811 N/A 859,811 859,811
C1 - VACANT LOTS 23,990,558 0.9499 25,255,877 23,990,558
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,553,050 1.0655 5,211,565 5,553,050
D2 - FARM & RANCH IMP 8,848,045 N/A 8,848,045 8,848,045
E - NON-AG LAND AND IMPROVEMENTS 97,187,768 1.0035 96,848,797 97,187,768
F1 - COMMERCIAL REAL 24,628,702 0.9410 26,172,903 24,628,702
F2 - INDUSTRIAL REAL 2,159,124 N/A 2,159,124 2,159,124
G - ALL MINERALS 29,203,490 1.0076 28,983,218 29,203,490
J - ALL UTILITIES 26,975,212 0.7900 34,145,838 26,975,212
L1 - COMMERCIAL PERSONAL 6,520,197 N/A 6,520,197 6,520,197
L2 - INDUSTRIAL PERSONAL 43,978,473 N/A 43,978,473 43,978,473
M1 - MOBILE HOMES 16,682,277 N/A 16,682,277 16,682,277
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 217,983 N/A 217,983 217,983
S - SPECIAL INVENTORY 6,451 N/A 6,451 6,451
Subtotal 452,760,372 472,225,944 452,760,372
Less Total Deductions 91,797,675 97,666,091 91,797,675
Total Taxable Value 360,962,697 374,559,853 360,962,697

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
371,827,721 360,962,697 371,827,721 360,962,697


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
10,865,024 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
371,827,721 360,962,697 371,827,721 360,962,697

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