taxes Property Tax Assistance

2020 ISD Summary Worksheet

111-Hood

111-903/Tolar ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 44,875,470 1.0197 44,008,503 44,875,470
B - MULTIFAMILY 1,833,500 N/A 1,833,500 1,833,500
C1 - VACANT LOTS 5,022,514 N/A 5,022,514 5,022,514
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 10,826,140 1.6572 6,532,840 10,826,140
D2 - FARM & RANCH IMP 6,104,440 N/A 6,104,440 6,104,440
E - NON-AG LAND AND IMPROVEMENTS 169,769,749 0.9826 172,776,052 169,769,749
F1 - COMMERCIAL REAL 10,891,440 N/A 10,891,440 10,891,440
F2 - INDUSTRIAL REAL 1,264,820 N/A 1,264,820 1,264,820
G - ALL MINERALS 3,639,390 N/A 3,639,390 3,639,390
J - ALL UTILITIES 47,247,230 0.9371 50,418,557 47,247,230
L1 - COMMERCIAL PERSONAL 5,818,350 N/A 5,818,350 5,818,350
L2 - INDUSTRIAL PERSONAL 28,295,730 N/A 28,295,730 28,295,730
M1 - MOBILE HOMES 3,348,360 N/A 3,348,360 3,348,360
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 89,250 N/A 89,250 89,250
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 339,026,383 0 340,043,746 339,026,383
Less Total Deductions 41,198,087 0 40,154,594 41,198,087
Total Taxable Value 297,828,296 0 299,889,152 297,828,296

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
304,112,513 297,828,296 304,112,513 297,828,296


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,284,217 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
304,112,513 297,828,296 304,112,513 297,828,296

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

111-903-02/Tolar ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 44,875,470 1.0197 44,008,503 44,875,470
B - MULTIFAMILY 1,833,500 N/A 1,833,500 1,833,500
C1 - VACANT LOTS 5,022,514 N/A 5,022,514 5,022,514
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 10,826,140 1.6572 6,532,840 10,826,140
D2 - FARM & RANCH IMP 6,104,440 N/A 6,104,440 6,104,440
E - NON-AG LAND AND IMPROVEMENTS 169,769,749 0.9826 172,776,052 169,769,749
F1 - COMMERCIAL REAL 10,891,440 N/A 10,891,440 10,891,440
F2 - INDUSTRIAL REAL 1,264,820 N/A 1,264,820 1,264,820
G - ALL MINERALS 3,639,390 N/A 3,639,390 3,639,390
J - ALL UTILITIES 47,247,230 0.9371 50,418,557 47,247,230
L1 - COMMERCIAL PERSONAL 5,818,350 N/A 5,818,350 5,818,350
L2 - INDUSTRIAL PERSONAL 28,295,730 N/A 28,295,730 28,295,730
M1 - MOBILE HOMES 3,348,360 N/A 3,348,360 3,348,360
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 89,250 N/A 89,250 89,250
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 339,026,383 340,043,746 339,026,383
Less Total Deductions 41,198,087 40,154,594 41,198,087
Total Taxable Value 297,828,296 299,889,152 297,828,296

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
304,112,513 297,828,296 304,112,513 297,828,296


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
6,284,217 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
304,112,513 297,828,296 304,112,513 297,828,296

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