taxes Property Tax Assistance

2021 ISD Summary Worksheet

052-Crane /Crane County

052-901/Crane ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	115,199,130	0.7117	161,864,732	115,199,130
B - MULTIFAMILY	1,329,940	N/A	1,329,940	1,329,940
C1 - VACANT LOTS	6,848,710	N/A	6,848,710	6,848,710
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	1,348,621	0.9322	1,446,631	1,348,621
D2 - FARM & RANCH IMP	235,730	N/A	235,730	235,730
E - NON-AG LAND AND IMPROVEMENTS	11,919,210	N/A	11,919,210	11,919,210
F1 - COMMERCIAL REAL	14,288,080	N/A	14,288,080	14,288,080
F2 - INDUSTRIAL REAL	186,804,430	N/A	186,804,430	186,804,430
G - ALL MINERALS	391,226,270	0.9755	401,052,045	391,226,270
J - ALL UTILITIES	681,895,710	0.9381	726,890,214	681,895,710
L1 - COMMERCIAL PERSONAL	7,737,120	N/A	7,737,120	7,737,120
L2 - INDUSTRIAL PERSONAL	71,151,860	N/A	71,151,860	71,151,860
M1 - MOBILE HOMES	9,323,350	N/A	9,323,350	9,323,350
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	1,499,308,161	0	1,600,892,052	1,499,308,161
Less Total Deductions	159,696,381	0	173,362,686	159,696,381
Total Taxable Value	1,339,611,780	0	1,427,529,366	1,339,611,780

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
1,347,834,520	1,339,611,780	1,347,834,520	1,339,611,780

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
8,222,740	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
1,438,045,770	1,429,823,030	1,438,045,770	1,429,823,030

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR TWO OF THE GRACE PERIOD

052-901-02/Crane ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	115,199,130	0.7117	161,864,732	115,199,130
B - MULTIFAMILY	1,329,940	N/A	1,329,940	1,329,940
C1 - VACANT LOTS	6,848,710	N/A	6,848,710	6,848,710
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	1,348,621	0.9322	1,446,631	1,348,621
D2 - FARM & RANCH IMP	235,730	N/A	235,730	235,730
E - NON-AG LAND AND IMPROVEMENTS	11,919,210	N/A	11,919,210	11,919,210
F1 - COMMERCIAL REAL	14,288,080	N/A	14,288,080	14,288,080
F2 - INDUSTRIAL REAL	186,804,430	N/A	186,804,430	186,804,430
G - ALL MINERALS	391,226,270	0.9755	401,052,045	391,226,270
J - ALL UTILITIES	681,895,710	0.9381	726,890,214	681,895,710
L1 - COMMERCIAL PERSONAL	7,737,120	N/A	7,737,120	7,737,120
L2 - INDUSTRIAL PERSONAL	71,151,860	N/A	71,151,860	71,151,860
M1 - MOBILE HOMES	9,323,350	N/A	9,323,350	9,323,350
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	1,499,308,161		1,600,892,052	1,499,308,161
Less Total Deductions	159,696,381		173,362,686	159,696,381
Total Taxable Value	1,339,611,780		1,427,529,366	1,339,611,780

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
1,347,834,520	1,339,611,780	1,347,834,520	1,339,611,780

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
8,222,740	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
1,438,045,770	1,429,823,030	1,438,045,770	1,429,823,030

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