taxes Property Tax Assistance

2020 ISD Summary Worksheet

107-Henderson

107-907/Trinidad ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	20,123,690	0.9404	21,399,075	20,123,690
B - MULTIFAMILY	183,140	N/A	183,140	183,140
C1 - VACANT LOTS	480,730	N/A	480,730	480,730
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	700,690	1.1881	589,766	700,690
D2 - FARM & RANCH IMP	2,200	N/A	2,200	2,200
E - NON-AG LAND AND IMPROVEMENTS	2,203,390	N/A	2,203,390	2,203,390
F1 - COMMERCIAL REAL	3,564,280	N/A	3,564,280	3,564,280
F2 - INDUSTRIAL REAL	1,998,000	N/A	1,998,000	1,998,000
G - ALL MINERALS	112,900	N/A	112,900	112,900
J - ALL UTILITIES	31,143,940	0.8772	35,503,808	31,143,940
L1 - COMMERCIAL PERSONAL	917,610	N/A	917,610	917,610
L2 - INDUSTRIAL PERSONAL	13,186,440	N/A	13,186,440	13,186,440
M1 - MOBILE HOMES	206,560	N/A	206,560	206,560
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	74,823,570	0	80,347,899	74,823,570
Less Total Deductions	22,744,582	0	23,270,508	22,744,582
Total Taxable Value	52,078,988	0	57,077,391	52,078,988

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
53,734,088	52,078,988	52,600,296	50,945,196

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
1,655,100	1,133,792

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
53,734,088	52,078,988	52,600,296	50,945,196

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

107-907-02/Trinidad ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	20,123,690	0.9404	21,399,075	20,123,690
B - MULTIFAMILY	183,140	N/A	183,140	183,140
C1 - VACANT LOTS	480,730	N/A	480,730	480,730
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	700,690	1.1881	589,766	700,690
D2 - FARM & RANCH IMP	2,200	N/A	2,200	2,200
E - NON-AG LAND AND IMPROVEMENTS	2,203,390	N/A	2,203,390	2,203,390
F1 - COMMERCIAL REAL	3,564,280	N/A	3,564,280	3,564,280
F2 - INDUSTRIAL REAL	1,998,000	N/A	1,998,000	1,998,000
G - ALL MINERALS	112,900	N/A	112,900	112,900
J - ALL UTILITIES	31,143,940	0.8772	35,503,808	31,143,940
L1 - COMMERCIAL PERSONAL	917,610	N/A	917,610	917,610
L2 - INDUSTRIAL PERSONAL	13,186,440	N/A	13,186,440	13,186,440
M1 - MOBILE HOMES	206,560	N/A	206,560	206,560
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	74,823,570		80,347,899	74,823,570
Less Total Deductions	22,744,582		23,270,508	22,744,582
Total Taxable Value	52,078,988		57,077,391	52,078,988

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
53,734,088	52,078,988	52,600,296	50,945,196

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
1,655,100	1,133,792

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
53,734,088	52,078,988	52,600,296	50,945,196

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