taxes Property Tax Assistance

2021 ISD Summary Worksheet

Somerville ISD (all splits)   Burleson County  

026-Burleson/Burleson County

026-902/Somerville ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 169,723,493 N/A 169,723,493 169,723,493
B - MULTIFAMILY 966,344 N/A 966,344 966,344
C1 - VACANT LOTS 28,469,165 N/A 28,469,165 28,469,165
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,567,239 N/A 5,567,239 5,567,239
D2 - FARM & RANCH IMP 8,443,789 N/A 8,443,789 8,443,789
E - NON-AG LAND AND IMPROVEMENTS 110,235,308 N/A 110,235,308 110,235,308
F1 - COMMERCIAL REAL 25,378,115 N/A 25,378,115 25,378,115
F2 - INDUSTRIAL REAL 3,765,174 N/A 3,765,174 3,765,174
G - ALL MINERALS 18,708,640 N/A 18,708,640 18,708,640
J - ALL UTILITIES 28,089,206 N/A 28,089,206 28,089,206
L1 - COMMERCIAL PERSONAL 4,807,043 N/A 4,807,043 4,807,043
L2 - INDUSTRIAL PERSONAL 46,262,896 N/A 46,262,896 46,262,896
M1 - MOBILE HOMES 16,197,151 N/A 16,197,151 16,197,151
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 10,335 N/A 10,335 10,335
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 466,623,898 0 466,623,898 466,623,898
Less Total Deductions 86,292,938 0 86,292,938 86,292,938
Total Taxable Value 380,330,960 0 380,330,960 380,330,960

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's office 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 school 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

Measure Value Description
T1 391,179,820 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 380,330,960 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 391,179,820 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 380,330,960 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 391,179,820 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 380,330,960 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 391,179,820 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 380,330,960 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 10,848,860 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED.


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026-902-02/Somerville ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 169,723,493 N/A 169,723,493 169,723,493
B - MULTIFAMILY 966,344 N/A 966,344 966,344
C1 - VACANT LOTS 28,469,165 N/A 28,469,165 28,469,165
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,567,239 N/A 5,567,239 5,567,239
D2 - FARM & RANCH IMP 8,443,789 N/A 8,443,789 8,443,789
E - NON-AG LAND AND IMPROVEMENTS 110,235,308 N/A 110,235,308 110,235,308
F1 - COMMERCIAL REAL 25,378,115 N/A 25,378,115 25,378,115
F2 - INDUSTRIAL REAL 3,765,174 N/A 3,765,174 3,765,174
G - ALL MINERALS 18,708,640 N/A 18,708,640 18,708,640
J - ALL UTILITIES 28,089,206 N/A 28,089,206 28,089,206
L1 - COMMERCIAL PERSONAL 4,807,043 N/A 4,807,043 4,807,043
L2 - INDUSTRIAL PERSONAL 46,262,896 N/A 46,262,896 46,262,896
M1 - MOBILE HOMES 16,197,151 N/A 16,197,151 16,197,151
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 10,335 N/A 10,335 10,335
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 466,623,898 466,623,898 466,623,898
Less Total Deductions 86,292,938 86,292,938 86,292,938
Total Taxable Value 380,330,960 380,330,960 380,330,960

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's office 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 school 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

Measure Value Description
T1 391,179,820 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 380,330,960 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 391,179,820 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 380,330,960 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 391,179,820 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 380,330,960 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 391,179,820 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 380,330,960 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 10,848,860 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption

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