taxes Property Tax Assistance

2020 ISD Summary Worksheet

075-Fayette

075-901/Flatonia ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	102,631,999	0.9989	102,745,019	102,631,999
B - MULTIFAMILY	802,310	N/A	802,310	802,310
C1 - VACANT LOTS	5,037,211	N/A	5,037,211	5,037,211
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	8,547,760	1.1509	7,427,328	8,547,760
D2 - FARM & RANCH IMP	2,578,859	N/A	2,578,859	2,578,859
E - NON-AG LAND AND IMPROVEMENTS	213,191,750	0.9604	221,982,247	213,191,750
F1 - COMMERCIAL REAL	35,599,229	0.9238	38,535,645	35,599,229
F2 - INDUSTRIAL REAL	25,339,160	N/A	25,339,160	25,339,160
G - ALL MINERALS	49,395,780	0.9941	49,688,945	49,395,780
J - ALL UTILITIES	45,166,190	0.1386	325,874,387	45,166,190
L1 - COMMERCIAL PERSONAL	7,012,630	N/A	7,012,630	7,012,630
L2 - INDUSTRIAL PERSONAL	9,247,210	N/A	9,247,210	9,247,210
M1 - MOBILE HOMES	4,489,080	N/A	4,489,080	4,489,080
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	509,039,168	0	800,760,031	509,039,168
Less Total Deductions	66,984,309	0	67,084,526	66,984,309
Total Taxable Value	442,054,859	0	733,675,505	442,054,859

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
451,480,543	442,054,859	451,480,543	442,054,859

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
9,425,684	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
451,480,543	442,054,859	451,480,543	442,054,859

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

075-901-02/Flatonia ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	102,631,999	0.9989	102,745,019	102,631,999
B - MULTIFAMILY	802,310	N/A	802,310	802,310
C1 - VACANT LOTS	5,037,211	N/A	5,037,211	5,037,211
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	8,547,760	1.1509	7,427,328	8,547,760
D2 - FARM & RANCH IMP	2,578,859	N/A	2,578,859	2,578,859
E - NON-AG LAND AND IMPROVEMENTS	213,191,750	0.9604	221,982,247	213,191,750
F1 - COMMERCIAL REAL	35,599,229	0.9238	38,535,645	35,599,229
F2 - INDUSTRIAL REAL	25,339,160	N/A	25,339,160	25,339,160
G - ALL MINERALS	49,395,780	0.9941	49,688,945	49,395,780
J - ALL UTILITIES	45,166,190	0.1386	325,874,387	45,166,190
L1 - COMMERCIAL PERSONAL	7,012,630	N/A	7,012,630	7,012,630
L2 - INDUSTRIAL PERSONAL	9,247,210	N/A	9,247,210	9,247,210
M1 - MOBILE HOMES	4,489,080	N/A	4,489,080	4,489,080
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	509,039,168		800,760,031	509,039,168
Less Total Deductions	66,984,309		67,084,526	66,984,309
Total Taxable Value	442,054,859		733,675,505	442,054,859

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
451,480,543	442,054,859	451,480,543	442,054,859

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
9,425,684	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
451,480,543	442,054,859	451,480,543	442,054,859

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