taxes Property Tax Assistance

2021 ISD Summary Worksheet

093-Grimes /Grimes County

154-901/Madisonville CISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 52,382,673 N/A 52,382,673 52,382,673
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 5,271,310 N/A 5,271,310 5,271,310
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,656,664 N/A 3,656,664 3,656,664
D2 - FARM & RANCH IMP 4,068,721 N/A 4,068,721 4,068,721
E - NON-AG LAND AND IMPROVEMENTS 69,718,711 N/A 69,718,711 69,718,711
F1 - COMMERCIAL REAL 4,884,938 N/A 4,884,938 4,884,938
F2 - INDUSTRIAL REAL 310,890 N/A 310,890 310,890
G - ALL MINERALS 914,622 N/A 914,622 914,622
J - ALL UTILITIES 45,507,685 N/A 45,507,685 45,507,685
L1 - COMMERCIAL PERSONAL 2,093,828 N/A 2,093,828 2,093,828
L2 - INDUSTRIAL PERSONAL 52,000 N/A 52,000 52,000
M1 - MOBILE HOMES 6,429,800 N/A 6,429,800 6,429,800
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 195,291,842 0 195,291,842 195,291,842
Less Total Deductions 29,534,533 0 29,534,533 29,534,533
Total Taxable Value 165,757,309 0 165,757,309 165,757,309

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
169,785,299 165,757,309 169,785,299 165,757,309


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,027,990 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
169,785,299 165,757,309 169,785,299 165,757,309

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

154-Madison /Madison County

154-901/Madisonville CISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 187,163,555 0.8800 212,685,858 187,163,555
B - MULTIFAMILY 4,806,720 N/A 4,806,720 4,806,720
C1 - VACANT LOTS 13,221,890 N/A 13,221,890 13,221,890
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,373,122 1.1281 10,968,108 12,373,122
D2 - FARM & RANCH IMP 17,763,939 N/A 17,763,939 17,763,939
E - NON-AG LAND AND IMPROVEMENTS 281,168,118 0.8874 316,844,848 281,168,118
F1 - COMMERCIAL REAL 90,693,810 0.9083 99,850,061 90,693,810
F2 - INDUSTRIAL REAL 21,185,690 N/A 21,185,690 21,185,690
G - ALL MINERALS 19,928,846 N/A 19,928,846 19,928,846
J - ALL UTILITIES 145,318,870 0.9235 157,356,654 145,318,870
L1 - COMMERCIAL PERSONAL 22,953,350 N/A 22,953,350 22,953,350
L2 - INDUSTRIAL PERSONAL 48,439,790 N/A 48,439,790 48,439,790
M1 - MOBILE HOMES 15,246,750 N/A 15,246,750 15,246,750
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 8,038,140 N/A 8,038,140 8,038,140
Subtotal 888,302,590 0 969,290,644 888,302,590
Less Total Deductions 120,960,269 0 139,268,288 120,960,269
Total Taxable Value 767,342,321 0 830,022,356 767,342,321

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
784,809,426 767,342,321 784,809,426 767,342,321


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
17,467,105 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
784,809,426 767,342,321 784,809,426 767,342,321

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

154-901-02/Madisonville CISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 239,546,228 0.9037 265,068,531 239,546,228
B - MULTIFAMILY 4,806,720 N/A 4,806,720 4,806,720
C1 - VACANT LOTS 18,493,200 N/A 18,493,200 18,493,200
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 16,029,786 1.0961 14,624,772 16,029,786
D2 - FARM & RANCH IMP 21,832,660 N/A 21,832,660 21,832,660
E - NON-AG LAND AND IMPROVEMENTS 350,886,829 0.9077 386,563,559 350,886,829
F1 - COMMERCIAL REAL 95,578,748 0.9126 104,734,999 95,578,748
F2 - INDUSTRIAL REAL 21,496,580 N/A 21,496,580 21,496,580
G - ALL MINERALS 20,843,468 N/A 20,843,468 20,843,468
J - ALL UTILITIES 190,826,555 0.9407 202,864,339 190,826,555
L1 - COMMERCIAL PERSONAL 25,047,178 N/A 25,047,178 25,047,178
L2 - INDUSTRIAL PERSONAL 48,491,790 N/A 48,491,790 48,491,790
M1 - MOBILE HOMES 21,676,550 N/A 21,676,550 21,676,550
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 8,038,140 N/A 8,038,140 8,038,140
Subtotal 1,083,594,432 1,164,582,486 1,083,594,432
Less Total Deductions 150,494,802 168,802,821 150,494,802
Total Taxable Value 933,099,630 995,779,665 933,099,630

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
954,594,725 933,099,630 954,594,725 933,099,630


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
21,495,095 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
954,594,725 933,099,630 954,594,725 933,099,630

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