taxes Property Tax Assistance

2021 ISD Summary Worksheet

North Zulch ISD (all splits)   Madison County  

154-Madison/Madison County

154-903/North Zulch ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 36,704,280 0.8426 43,560,741 36,704,280
B - MULTIFAMILY 30,610 N/A 30,610 30,610
C1 - VACANT LOTS 3,626,670 N/A 3,626,670 3,626,670
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,029,561 1.1789 2,569,839 3,029,561
D2 - FARM & RANCH IMP 5,365,240 N/A 5,365,240 5,365,240
E - NON-AG LAND AND IMPROVEMENTS 82,470,410 0.8467 97,402,161 82,470,410
F1 - COMMERCIAL REAL 3,915,220 N/A 3,915,220 3,915,220
F2 - INDUSTRIAL REAL 260,110 N/A 260,110 260,110
G - ALL MINERALS 68,442,420 0.9685 70,668,477 68,442,420
J - ALL UTILITIES 42,320,430 0.9110 46,454,918 42,320,430
L1 - COMMERCIAL PERSONAL 1,344,840 N/A 1,344,840 1,344,840
L2 - INDUSTRIAL PERSONAL 2,747,330 N/A 2,747,330 2,747,330
M1 - MOBILE HOMES 4,180,580 N/A 4,180,580 4,180,580
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 254,437,701 0 282,126,736 254,437,701
Less Total Deductions 30,728,889 0 37,727,730 30,728,889
Total Taxable Value 223,708,812 0 244,399,006 223,708,812

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 228,039,010 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 223,708,812 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 228,039,010 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 223,708,812 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 228,039,010 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 223,708,812 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 228,039,010 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 223,708,812 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 4,330,198 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption

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


Back to top


154-903-02/North Zulch ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 36,704,280 0.8426 43,560,741 36,704,280
B - MULTIFAMILY 30,610 N/A 30,610 30,610
C1 - VACANT LOTS 3,626,670 N/A 3,626,670 3,626,670
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,029,561 1.1789 2,569,839 3,029,561
D2 - FARM & RANCH IMP 5,365,240 N/A 5,365,240 5,365,240
E - NON-AG LAND AND IMPROVEMENTS 82,470,410 0.8467 97,402,161 82,470,410
F1 - COMMERCIAL REAL 3,915,220 N/A 3,915,220 3,915,220
F2 - INDUSTRIAL REAL 260,110 N/A 260,110 260,110
G - ALL MINERALS 68,442,420 0.9685 70,668,477 68,442,420
J - ALL UTILITIES 42,320,430 0.9110 46,454,918 42,320,430
L1 - COMMERCIAL PERSONAL 1,344,840 N/A 1,344,840 1,344,840
L2 - INDUSTRIAL PERSONAL 2,747,330 N/A 2,747,330 2,747,330
M1 - MOBILE HOMES 4,180,580 N/A 4,180,580 4,180,580
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 254,437,701 282,126,736 254,437,701
Less Total Deductions 30,728,889 37,727,730 30,728,889
Total Taxable Value 223,708,812 244,399,006 223,708,812

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 228,039,010 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 223,708,812 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 228,039,010 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 223,708,812 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 228,039,010 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 223,708,812 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 228,039,010 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 223,708,812 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 4,330,198 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption

Back to top