taxes Property Tax Assistance

2021 ISD Summary Worksheet

Normangee ISD (all splits)   Leon County   Madison County  

145-Leon/Leon County

145-906/Normangee ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 139,015,250 N/A 139,015,250 139,015,250
B - MULTIFAMILY 319,230 N/A 319,230 319,230
C1 - VACANT LOTS 16,670,300 N/A 16,670,300 16,670,300
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,507,720 N/A 4,507,720 4,507,720
D2 - FARM & RANCH IMP 4,675,110 N/A 4,675,110 4,675,110
E - NON-AG LAND AND IMPROVEMENTS 90,895,170 N/A 90,895,170 90,895,170
F1 - COMMERCIAL REAL 7,804,880 N/A 7,804,880 7,804,880
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 14,352,370 N/A 14,352,370 14,352,370
J - ALL UTILITIES 87,413,670 N/A 87,413,670 87,413,670
L1 - COMMERCIAL PERSONAL 9,734,770 N/A 9,734,770 9,734,770
L2 - INDUSTRIAL PERSONAL 473,620 N/A 473,620 473,620
M1 - MOBILE HOMES 5,665,350 N/A 5,665,350 5,665,350
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 1,438,580 N/A 1,438,580 1,438,580
Subtotal 382,966,020 0 382,966,020 382,966,020
Less Total Deductions 83,061,375 0 83,061,375 83,061,375
Total Taxable Value 299,904,645 0 299,904,645 299,904,645

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 309,433,405 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 299,904,645 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 294,692,995 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 285,164,235 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 309,433,405 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 299,904,645 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 294,692,995 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 285,164,235 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 9,528,760 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 14,740,410 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.


Back to top


154-Madison/Madison County

145-906/Normangee ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 2,579,570 N/A 2,579,570 2,579,570
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 311,279 N/A 311,279 311,279
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,244,580 N/A 2,244,580 2,244,580
D2 - FARM & RANCH IMP 6,701,130 N/A 6,701,130 6,701,130
E - NON-AG LAND AND IMPROVEMENTS 45,969,160 N/A 45,969,160 45,969,160
F1 - COMMERCIAL REAL 1,719,530 N/A 1,719,530 1,719,530
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 11,173,620 N/A 11,173,620 11,173,620
J - ALL UTILITIES 25,524,180 N/A 25,524,180 25,524,180
L1 - COMMERCIAL PERSONAL 784,550 N/A 784,550 784,550
L2 - INDUSTRIAL PERSONAL 219,250 N/A 219,250 219,250
M1 - MOBILE HOMES 837,250 N/A 837,250 837,250
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 267,120 N/A 267,120 267,120
Subtotal 98,331,219 0 98,331,219 98,331,219
Less Total Deductions 11,773,042 0 11,773,042 11,773,042
Total Taxable Value 86,558,177 0 86,558,177 86,558,177

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 88,004,915 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 86,558,177 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 85,238,539 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 83,791,801 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 88,004,915 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 86,558,177 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 85,238,539 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 83,791,801 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 1,446,738 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 2,766,376 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.


Back to top


145-906-02/Normangee ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 141,594,820 N/A 141,594,820 141,594,820
B - MULTIFAMILY 319,230 N/A 319,230 319,230
C1 - VACANT LOTS 16,981,579 N/A 16,981,579 16,981,579
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 6,752,300 N/A 6,752,300 6,752,300
D2 - FARM & RANCH IMP 11,376,240 N/A 11,376,240 11,376,240
E - NON-AG LAND AND IMPROVEMENTS 136,864,330 N/A 136,864,330 136,864,330
F1 - COMMERCIAL REAL 9,524,410 N/A 9,524,410 9,524,410
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 25,525,990 N/A 25,525,990 25,525,990
J - ALL UTILITIES 112,937,850 N/A 112,937,850 112,937,850
L1 - COMMERCIAL PERSONAL 10,519,320 N/A 10,519,320 10,519,320
L2 - INDUSTRIAL PERSONAL 692,870 N/A 692,870 692,870
M1 - MOBILE HOMES 6,502,600 N/A 6,502,600 6,502,600
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 1,705,700 N/A 1,705,700 1,705,700
Subtotal 481,297,239 481,297,239 481,297,239
Less Total Deductions 94,834,417 94,834,417 94,834,417
Total Taxable Value 386,462,822 386,462,822 386,462,822

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 397,438,320 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 386,462,822 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 379,931,534 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 368,956,036 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 397,438,320 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 386,462,822 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 379,931,534 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 368,956,036 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 10,975,498 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 17,506,786 50% of the loss to the local optional percentage homestead exemption

Back to top