taxes Property Tax Assistance

2020 ISD Summary Worksheet

095-Hale

095-902/Cotton Center ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	108,700	N/A	108,700	108,700
B - MULTIFAMILY	9,063	N/A	9,063	9,063
C1 - VACANT LOTS	28,916	N/A	28,916	28,916
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	19,200,910	2.0887	9,192,541	19,200,910
D2 - FARM & RANCH IMP	754,312	N/A	754,312	754,312
E - NON-AG LAND AND IMPROVEMENTS	11,175,661	0.8239	13,564,342	11,175,661
F1 - COMMERCIAL REAL	355,045	N/A	355,045	355,045
F2 - INDUSTRIAL REAL	749,371	N/A	749,371	749,371
G - ALL MINERALS	14,160	N/A	14,160	14,160
J - ALL UTILITIES	5,038,708	0.9983	5,047,288	5,038,708
L1 - COMMERCIAL PERSONAL	2,680,926	1.0218	2,623,729	2,680,926
L2 - INDUSTRIAL PERSONAL	538,266	N/A	538,266	538,266
M1 - MOBILE HOMES	13,314	N/A	13,314	13,314
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	40,667,352	0	32,999,047	40,667,352
Less Total Deductions	2,557,943	0	2,557,943	2,557,943
Total Taxable Value	38,109,409	0	30,441,104	38,109,409

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
38,652,577	38,109,409	38,652,577	38,109,409

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
543,168	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
38,652,577	38,109,409	38,652,577	38,109,409

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 LOCAL VALUE IS GREATER THAN PTAD VALUE

095-902-02/Cotton Center ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	108,700	N/A	108,700	108,700
B - MULTIFAMILY	9,063	N/A	9,063	9,063
C1 - VACANT LOTS	28,916	N/A	28,916	28,916
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	19,200,910	2.0887	9,192,541	19,200,910
D2 - FARM & RANCH IMP	754,312	N/A	754,312	754,312
E - NON-AG LAND AND IMPROVEMENTS	11,175,661	0.8239	13,564,342	11,175,661
F1 - COMMERCIAL REAL	355,045	N/A	355,045	355,045
F2 - INDUSTRIAL REAL	749,371	N/A	749,371	749,371
G - ALL MINERALS	14,160	N/A	14,160	14,160
J - ALL UTILITIES	5,038,708	0.9983	5,047,288	5,038,708
L1 - COMMERCIAL PERSONAL	2,680,926	1.0218	2,623,729	2,680,926
L2 - INDUSTRIAL PERSONAL	538,266	N/A	538,266	538,266
M1 - MOBILE HOMES	13,314	N/A	13,314	13,314
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	40,667,352		32,999,047	40,667,352
Less Total Deductions	2,557,943		2,557,943	2,557,943
Total Taxable Value	38,109,409		30,441,104	38,109,409

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
38,652,577	38,109,409	38,652,577	38,109,409

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
543,168	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
38,652,577	38,109,409	38,652,577	38,109,409

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