taxes Property Tax Assistance

2021 ISD Summary Worksheet

070-Ellis /Ellis County

070-911/Red Oak ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 2,452,692,710 N/A 2,452,692,710 2,452,692,710
B - MULTIFAMILY 90,910,424 N/A 90,910,424 90,910,424
C1 - VACANT LOTS 35,954,726 N/A 35,954,726 35,954,726
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,360,362 N/A 1,360,362 1,360,362
D2 - FARM & RANCH IMP 2,044,553 N/A 2,044,553 2,044,553
E - NON-AG LAND AND IMPROVEMENTS 94,479,315 N/A 94,479,315 94,479,315
F1 - COMMERCIAL REAL 232,384,086 N/A 232,384,086 232,384,086
F2 - INDUSTRIAL REAL 84,145,880 N/A 84,145,880 84,145,880
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 33,315,690 N/A 33,315,690 33,315,690
L1 - COMMERCIAL PERSONAL 42,730,708 N/A 42,730,708 42,730,708
L2 - INDUSTRIAL PERSONAL 186,734,151 N/A 186,734,151 186,734,151
M1 - MOBILE HOMES 7,863,446 N/A 7,863,446 7,863,446
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 59,523,827 N/A 59,523,827 59,523,827
S - SPECIAL INVENTORY 110,740 N/A 110,740 110,740
Subtotal 3,324,250,618 0 3,324,250,618 3,324,250,618
Less Total Deductions 693,027,748 0 693,027,748 693,027,748
Total Taxable Value 2,631,222,870 0 2,631,222,870 2,631,222,870

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
2,701,871,915 2,631,222,870 2,701,871,915 2,631,222,870


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
70,649,045 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
2,701,871,915 2,631,222,870 2,701,871,915 2,631,222,870

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

070-911-02/Red Oak ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 2,452,692,710 N/A 2,452,692,710 2,452,692,710
B - MULTIFAMILY 90,910,424 N/A 90,910,424 90,910,424
C1 - VACANT LOTS 35,954,726 N/A 35,954,726 35,954,726
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,360,362 N/A 1,360,362 1,360,362
D2 - FARM & RANCH IMP 2,044,553 N/A 2,044,553 2,044,553
E - NON-AG LAND AND IMPROVEMENTS 94,479,315 N/A 94,479,315 94,479,315
F1 - COMMERCIAL REAL 232,384,086 N/A 232,384,086 232,384,086
F2 - INDUSTRIAL REAL 84,145,880 N/A 84,145,880 84,145,880
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 33,315,690 N/A 33,315,690 33,315,690
L1 - COMMERCIAL PERSONAL 42,730,708 N/A 42,730,708 42,730,708
L2 - INDUSTRIAL PERSONAL 186,734,151 N/A 186,734,151 186,734,151
M1 - MOBILE HOMES 7,863,446 N/A 7,863,446 7,863,446
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 59,523,827 N/A 59,523,827 59,523,827
S - SPECIAL INVENTORY 110,740 N/A 110,740 110,740
Subtotal 3,324,250,618 3,324,250,618 3,324,250,618
Less Total Deductions 693,027,748 693,027,748 693,027,748
Total Taxable Value 2,631,222,870 2,631,222,870 2,631,222,870

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
2,701,871,915 2,631,222,870 2,701,871,915 2,631,222,870


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
70,649,045 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
2,701,871,915 2,631,222,870 2,701,871,915 2,631,222,870

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