taxes Property Tax Assistance

2020 ISD Summary Worksheet

125-Jim Wells

125-901/Alice ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 433,784,666 0.9004 481,768,843 481,768,843
B - MULTIFAMILY 13,806,249 N/A 13,806,249 13,806,249
C1 - VACANT LOTS 6,606,773 N/A 6,606,773 6,606,773
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 21,394,940 1.1254 19,010,538 19,010,538
D2 - FARM & RANCH IMP 4,665,608 N/A 4,665,608 4,665,608
E - NON-AG LAND AND IMPROVEMENTS 230,528,204 0.8182 281,750,433 281,750,433
F1 - COMMERCIAL REAL 160,037,002 0.7722 207,248,125 207,248,125
F2 - INDUSTRIAL REAL 70,988,346 N/A 70,988,346 70,988,346
G - ALL MINERALS 5,762,190 N/A 5,762,190 5,762,190
J - ALL UTILITIES 113,423,628 0.8824 128,539,923 128,539,923
L1 - COMMERCIAL PERSONAL 77,314,447 1.0052 76,914,492 76,914,492
L2 - INDUSTRIAL PERSONAL 137,697,790 N/A 137,697,790 137,697,790
M1 - MOBILE HOMES 13,552,631 N/A 13,552,631 13,552,631
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 8,917,096 N/A 8,917,096 8,917,096
Subtotal 1,298,479,570 0 1,457,229,037 1,457,229,037
Less Total Deductions 186,095,348 0 206,900,289 206,900,289
Total Taxable Value 1,112,384,222 0 1,250,328,748 1,250,328,748

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
1,293,900,979 1,250,328,748 1,293,900,979 1,250,328,748


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
43,572,231 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
1,293,900,979 1,250,328,748 1,293,900,979 1,250,328,748

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 TAXABLE VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR LOCAL VALUE DID NOT EXCEED THE STATE VALUE AND: 1) WAS INVALID IN ONE OR MORE OF THE PREVIOUS TWO YEARS OR 2) IS LESS THAN 90% OF THE LOWER END OF THE MARGIN OF ERROR RANGE OR 3) THE APPRAISAL DISTRICT THAT APPRAISES PROPERTY FOR THE SCHOOL DISTRICT WAS NOT IN COMPLIANCE WITH THE SCORING REQUIREMENT OF THE COMPTROLLER'S MOST RECENT REVIEW OF THE APPRAISAL DISTRICT CONDUCTED UNDER SECTION 5.102, TAX CODE (MAP REVIEW)

125-901-02/Alice ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 433,784,666 0.9004 481,768,843 481,768,843
B - MULTIFAMILY 13,806,249 N/A 13,806,249 13,806,249
C1 - VACANT LOTS 6,606,773 N/A 6,606,773 6,606,773
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 21,394,940 1.1254 19,010,538 19,010,538
D2 - FARM & RANCH IMP 4,665,608 N/A 4,665,608 4,665,608
E - NON-AG LAND AND IMPROVEMENTS 230,528,204 0.8182 281,750,433 281,750,433
F1 - COMMERCIAL REAL 160,037,002 0.7722 207,248,125 207,248,125
F2 - INDUSTRIAL REAL 70,988,346 N/A 70,988,346 70,988,346
G - ALL MINERALS 5,762,190 N/A 5,762,190 5,762,190
J - ALL UTILITIES 113,423,628 0.8824 128,539,923 128,539,923
L1 - COMMERCIAL PERSONAL 77,314,447 1.0052 76,914,492 76,914,492
L2 - INDUSTRIAL PERSONAL 137,697,790 N/A 137,697,790 137,697,790
M1 - MOBILE HOMES 13,552,631 N/A 13,552,631 13,552,631
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 8,917,096 N/A 8,917,096 8,917,096
Subtotal 1,298,479,570 1,457,229,037 1,457,229,037
Less Total Deductions 186,095,348 206,900,289 206,900,289
Total Taxable Value 1,112,384,222 1,250,328,748 1,250,328,748

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
1,293,900,979 1,250,328,748 1,293,900,979 1,250,328,748


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
43,572,231 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
1,293,900,979 1,250,328,748 1,293,900,979 1,250,328,748

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