taxes Property Tax Assistance

2020 ISD Summary Worksheet

035-Castro

035-903/Nazareth ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 23,899,370 N/A 23,899,370 23,899,370
B - MULTIFAMILY 531,500 N/A 531,500 531,500
C1 - VACANT LOTS 571,930 N/A 571,930 571,930
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 10,308,806 N/A 10,308,806 10,308,806
D2 - FARM & RANCH IMP 1,468,430 N/A 1,468,430 1,468,430
E - NON-AG LAND AND IMPROVEMENTS 7,763,860 N/A 7,763,860 7,763,860
F1 - COMMERCIAL REAL 1,515,630 N/A 1,515,630 1,515,630
F2 - INDUSTRIAL REAL 66,360 N/A 66,360 66,360
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 35,173,760 N/A 35,173,760 35,173,760
L1 - COMMERCIAL PERSONAL 1,222,110 N/A 1,222,110 1,222,110
L2 - INDUSTRIAL PERSONAL 84,490 N/A 84,490 84,490
M1 - MOBILE HOMES 235,940 N/A 235,940 235,940
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 82,842,186 0 82,842,186 82,842,186
Less Total Deductions 7,808,391 0 7,808,391 7,808,391
Total Taxable Value 75,033,795 0 75,033,795 75,033,795

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
76,848,225 75,033,795 76,848,225 75,033,795


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,814,430 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
76,848,225 75,033,795 76,848,225 75,033,795

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

035-903-02/Nazareth ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 23,899,370 N/A 23,899,370 23,899,370
B - MULTIFAMILY 531,500 N/A 531,500 531,500
C1 - VACANT LOTS 571,930 N/A 571,930 571,930
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 10,308,806 N/A 10,308,806 10,308,806
D2 - FARM & RANCH IMP 1,468,430 N/A 1,468,430 1,468,430
E - NON-AG LAND AND IMPROVEMENTS 7,763,860 N/A 7,763,860 7,763,860
F1 - COMMERCIAL REAL 1,515,630 N/A 1,515,630 1,515,630
F2 - INDUSTRIAL REAL 66,360 N/A 66,360 66,360
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 35,173,760 N/A 35,173,760 35,173,760
L1 - COMMERCIAL PERSONAL 1,222,110 N/A 1,222,110 1,222,110
L2 - INDUSTRIAL PERSONAL 84,490 N/A 84,490 84,490
M1 - MOBILE HOMES 235,940 N/A 235,940 235,940
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 82,842,186 82,842,186 82,842,186
Less Total Deductions 7,808,391 7,808,391 7,808,391
Total Taxable Value 75,033,795 75,033,795 75,033,795

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
76,848,225 75,033,795 76,848,225 75,033,795


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
1,814,430 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
76,848,225 75,033,795 76,848,225 75,033,795

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