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