taxes Property Tax Assistance

2020 ISD Summary Worksheet

039-Clay

039-903/Petrolia CISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 81,433,820 0.9369 86,918,369 81,433,820
B - MULTIFAMILY 321,270 N/A 321,270 321,270
C1 - VACANT LOTS 3,046,030 N/A 3,046,030 3,046,030
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 13,640,589 1.0652 12,806,018 13,640,589
D2 - FARM & RANCH IMP 2,967,840 N/A 2,967,840 2,967,840
E - NON-AG LAND AND IMPROVEMENTS 36,876,060 1.0092 36,539,893 36,876,060
F1 - COMMERCIAL REAL 3,356,530 N/A 3,356,530 3,356,530
F2 - INDUSTRIAL REAL 25,180 N/A 25,180 25,180
G - ALL MINERALS 1,401,820 N/A 1,401,820 1,401,820
J - ALL UTILITIES 43,428,850 0.9718 44,689,082 43,428,850
L1 - COMMERCIAL PERSONAL 2,437,620 N/A 2,437,620 2,437,620
L2 - INDUSTRIAL PERSONAL 289,250 N/A 289,250 289,250
M1 - MOBILE HOMES 2,986,200 N/A 2,986,200 2,986,200
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 37,290 N/A 37,290 37,290
Subtotal 192,248,349 0 197,822,392 192,248,349
Less Total Deductions 35,587,900 0 37,635,366 35,587,900
Total Taxable Value 156,660,449 0 160,187,026 156,660,449

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
163,461,404 156,660,449 163,461,404 156,660,449


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,800,955 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
163,461,404 156,660,449 163,461,404 156,660,449

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

039-903-02/Petrolia CISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 81,433,820 0.9369 86,918,369 81,433,820
B - MULTIFAMILY 321,270 N/A 321,270 321,270
C1 - VACANT LOTS 3,046,030 N/A 3,046,030 3,046,030
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 13,640,589 1.0652 12,806,018 13,640,589
D2 - FARM & RANCH IMP 2,967,840 N/A 2,967,840 2,967,840
E - NON-AG LAND AND IMPROVEMENTS 36,876,060 1.0092 36,539,893 36,876,060
F1 - COMMERCIAL REAL 3,356,530 N/A 3,356,530 3,356,530
F2 - INDUSTRIAL REAL 25,180 N/A 25,180 25,180
G - ALL MINERALS 1,401,820 N/A 1,401,820 1,401,820
J - ALL UTILITIES 43,428,850 0.9718 44,689,082 43,428,850
L1 - COMMERCIAL PERSONAL 2,437,620 N/A 2,437,620 2,437,620
L2 - INDUSTRIAL PERSONAL 289,250 N/A 289,250 289,250
M1 - MOBILE HOMES 2,986,200 N/A 2,986,200 2,986,200
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 37,290 N/A 37,290 37,290
Subtotal 192,248,349 197,822,392 192,248,349
Less Total Deductions 35,587,900 37,635,366 35,587,900
Total Taxable Value 156,660,449 160,187,026 156,660,449

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
163,461,404 156,660,449 163,461,404 156,660,449


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
6,800,955 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
163,461,404 156,660,449 163,461,404 156,660,449

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