taxes Property Tax Assistance

2021 ISD Summary Worksheet

161-McLennan /McLennan County

161-921/Connally ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 574,158,666 N/A 574,158,666 574,158,666
B - MULTIFAMILY 57,408,746 N/A 57,408,746 57,408,746
C1 - VACANT LOTS 20,291,027 N/A 20,291,027 20,291,027
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,361,140 N/A 1,361,140 1,361,140
D2 - FARM & RANCH IMP 2,585,865 N/A 2,585,865 2,585,865
E - NON-AG LAND AND IMPROVEMENTS 80,715,682 N/A 80,715,682 80,715,682
F1 - COMMERCIAL REAL 71,405,130 N/A 71,405,130 71,405,130
F2 - INDUSTRIAL REAL 44,359,318 N/A 44,359,318 44,359,318
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 30,699,000 N/A 30,699,000 30,699,000
L1 - COMMERCIAL PERSONAL 52,981,170 N/A 52,981,170 52,981,170
L2 - INDUSTRIAL PERSONAL 115,884,640 N/A 115,884,640 115,884,640
M1 - MOBILE HOMES 6,154,180 N/A 6,154,180 6,154,180
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,420,700 N/A 1,420,700 1,420,700
S - SPECIAL INVENTORY 5,705,630 N/A 5,705,630 5,705,630
Subtotal 1,065,130,894 0 1,065,130,894 1,065,130,894
Less Total Deductions 177,810,131 0 177,810,131 177,810,131
Total Taxable Value 887,320,763 0 887,320,763 887,320,763

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
910,750,272 887,320,763 910,750,272 887,320,763


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
23,429,509 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
910,750,272 887,320,763 910,750,272 887,320,763

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

161-921-02/Connally ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 574,158,666 N/A 574,158,666 574,158,666
B - MULTIFAMILY 57,408,746 N/A 57,408,746 57,408,746
C1 - VACANT LOTS 20,291,027 N/A 20,291,027 20,291,027
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,361,140 N/A 1,361,140 1,361,140
D2 - FARM & RANCH IMP 2,585,865 N/A 2,585,865 2,585,865
E - NON-AG LAND AND IMPROVEMENTS 80,715,682 N/A 80,715,682 80,715,682
F1 - COMMERCIAL REAL 71,405,130 N/A 71,405,130 71,405,130
F2 - INDUSTRIAL REAL 44,359,318 N/A 44,359,318 44,359,318
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 30,699,000 N/A 30,699,000 30,699,000
L1 - COMMERCIAL PERSONAL 52,981,170 N/A 52,981,170 52,981,170
L2 - INDUSTRIAL PERSONAL 115,884,640 N/A 115,884,640 115,884,640
M1 - MOBILE HOMES 6,154,180 N/A 6,154,180 6,154,180
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,420,700 N/A 1,420,700 1,420,700
S - SPECIAL INVENTORY 5,705,630 N/A 5,705,630 5,705,630
Subtotal 1,065,130,894 1,065,130,894 1,065,130,894
Less Total Deductions 177,810,131 177,810,131 177,810,131
Total Taxable Value 887,320,763 887,320,763 887,320,763

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
910,750,272 887,320,763 910,750,272 887,320,763


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
23,429,509 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
910,750,272 887,320,763 910,750,272 887,320,763

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