taxes Property Tax Assistance

2020 ISD Summary Worksheet

118-Irion

118-902/Irion County ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 55,320,810 N/A 55,320,810 55,320,810
B - MULTIFAMILY 72,020 N/A 72,020 72,020
C1 - VACANT LOTS 3,716,140 N/A 3,716,140 3,716,140
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 17,432,773 0.9870 17,662,980 17,432,773
D2 - FARM & RANCH IMP 7,678,490 N/A 7,678,490 7,678,490
E - NON-AG LAND AND IMPROVEMENTS 23,137,620 N/A 23,137,620 23,137,620
F1 - COMMERCIAL REAL 4,686,790 N/A 4,686,790 4,686,790
F2 - INDUSTRIAL REAL 351,992,270 N/A 351,992,270 351,992,270
G - ALL MINERALS 858,568,540 0.9977 860,547,800 858,568,540
J - ALL UTILITIES 178,513,970 0.9645 185,084,469 178,513,970
L1 - COMMERCIAL PERSONAL 8,289,770 N/A 8,289,770 8,289,770
L2 - INDUSTRIAL PERSONAL 112,414,210 N/A 112,414,210 112,414,210
M1 - MOBILE HOMES 3,233,900 N/A 3,233,900 3,233,900
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 1,625,057,303 0 1,633,837,269 1,625,057,303
Less Total Deductions 293,617,454 0 293,617,454 293,617,454
Total Taxable Value 1,331,439,849 0 1,340,219,815 1,331,439,849

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
1,334,854,664 1,331,439,849 1,334,854,664 1,331,439,849


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,414,815 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
1,610,018,834 1,606,604,019 1,610,018,834 1,606,604,019

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

118-902-02/Irion County ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 55,320,810 N/A 55,320,810 55,320,810
B - MULTIFAMILY 72,020 N/A 72,020 72,020
C1 - VACANT LOTS 3,716,140 N/A 3,716,140 3,716,140
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 17,432,773 0.9870 17,662,980 17,432,773
D2 - FARM & RANCH IMP 7,678,490 N/A 7,678,490 7,678,490
E - NON-AG LAND AND IMPROVEMENTS 23,137,620 N/A 23,137,620 23,137,620
F1 - COMMERCIAL REAL 4,686,790 N/A 4,686,790 4,686,790
F2 - INDUSTRIAL REAL 351,992,270 N/A 351,992,270 351,992,270
G - ALL MINERALS 858,568,540 0.9977 860,547,800 858,568,540
J - ALL UTILITIES 178,513,970 0.9645 185,084,469 178,513,970
L1 - COMMERCIAL PERSONAL 8,289,770 N/A 8,289,770 8,289,770
L2 - INDUSTRIAL PERSONAL 112,414,210 N/A 112,414,210 112,414,210
M1 - MOBILE HOMES 3,233,900 N/A 3,233,900 3,233,900
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 1,625,057,303 1,633,837,269 1,625,057,303
Less Total Deductions 293,617,454 293,617,454 293,617,454
Total Taxable Value 1,331,439,849 1,340,219,815 1,331,439,849

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
1,334,854,664 1,331,439,849 1,334,854,664 1,331,439,849


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
3,414,815 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
1,610,018,834 1,606,604,019 1,610,018,834 1,606,604,019

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