taxes Property Tax Assistance

2021 ISD Summary Worksheet

039-Clay /Clay County

039-903/Petrolia CISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 87,995,930 N/A 87,995,930 87,995,930
B - MULTIFAMILY 321,270 N/A 321,270 321,270
C1 - VACANT LOTS 2,951,080 N/A 2,951,080 2,951,080
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 13,554,175 N/A 13,554,175 13,554,175
D2 - FARM & RANCH IMP 3,166,360 N/A 3,166,360 3,166,360
E - NON-AG LAND AND IMPROVEMENTS 39,358,560 N/A 39,358,560 39,358,560
F1 - COMMERCIAL REAL 3,349,960 N/A 3,349,960 3,349,960
F2 - INDUSTRIAL REAL 25,180 N/A 25,180 25,180
G - ALL MINERALS 976,040 N/A 976,040 976,040
J - ALL UTILITIES 43,839,000 N/A 43,839,000 43,839,000
L1 - COMMERCIAL PERSONAL 2,627,640 N/A 2,627,640 2,627,640
L2 - INDUSTRIAL PERSONAL 326,600 N/A 326,600 326,600
M1 - MOBILE HOMES 3,258,070 N/A 3,258,070 3,258,070
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 30,780 N/A 30,780 30,780
Subtotal 201,780,645 0 201,780,645 201,780,645
Less Total Deductions 38,797,427 0 38,797,427 38,797,427
Total Taxable Value 162,983,218 0 162,983,218 162,983,218

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
169,868,198 162,983,218 169,868,198 162,983,218


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,884,980 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
169,868,198 162,983,218 169,868,198 162,983,218

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

039-903-02/Petrolia CISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 87,995,930 N/A 87,995,930 87,995,930
B - MULTIFAMILY 321,270 N/A 321,270 321,270
C1 - VACANT LOTS 2,951,080 N/A 2,951,080 2,951,080
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 13,554,175 N/A 13,554,175 13,554,175
D2 - FARM & RANCH IMP 3,166,360 N/A 3,166,360 3,166,360
E - NON-AG LAND AND IMPROVEMENTS 39,358,560 N/A 39,358,560 39,358,560
F1 - COMMERCIAL REAL 3,349,960 N/A 3,349,960 3,349,960
F2 - INDUSTRIAL REAL 25,180 N/A 25,180 25,180
G - ALL MINERALS 976,040 N/A 976,040 976,040
J - ALL UTILITIES 43,839,000 N/A 43,839,000 43,839,000
L1 - COMMERCIAL PERSONAL 2,627,640 N/A 2,627,640 2,627,640
L2 - INDUSTRIAL PERSONAL 326,600 N/A 326,600 326,600
M1 - MOBILE HOMES 3,258,070 N/A 3,258,070 3,258,070
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 30,780 N/A 30,780 30,780
Subtotal 201,780,645 201,780,645 201,780,645
Less Total Deductions 38,797,427 38,797,427 38,797,427
Total Taxable Value 162,983,218 162,983,218 162,983,218

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
169,868,198 162,983,218 169,868,198 162,983,218


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
6,884,980 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
169,868,198 162,983,218 169,868,198 162,983,218

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