taxes Property Tax Assistance

2021 ISD Summary Worksheet

164-Menard /Menard County

164-901/Menard ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 36,984,370 0.9673 38,234,643 36,984,370
B - MULTIFAMILY 486,300 N/A 486,300 486,300
C1 - VACANT LOTS 1,986,590 N/A 1,986,590 1,986,590
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 29,134,839 1.0114 28,806,652 29,134,839
D2 - FARM & RANCH IMP 6,459,960 N/A 6,459,960 6,459,960
E - NON-AG LAND AND IMPROVEMENTS 74,630,790 0.9177 81,323,733 74,630,790
F1 - COMMERCIAL REAL 8,532,810 N/A 8,532,810 8,532,810
F2 - INDUSTRIAL REAL 6,518,630 N/A 6,518,630 6,518,630
G - ALL MINERALS 4,108,640 N/A 4,108,640 4,108,640
J - ALL UTILITIES 72,254,880 0.9514 75,945,848 72,254,880
L1 - COMMERCIAL PERSONAL 5,983,270 N/A 5,983,270 5,983,270
L2 - INDUSTRIAL PERSONAL 2,089,550 N/A 2,089,550 2,089,550
M1 - MOBILE HOMES 2,527,670 N/A 2,527,670 2,527,670
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 251,698,299 0 263,004,296 251,698,299
Less Total Deductions 20,546,650 0 21,037,593 20,546,650
Total Taxable Value 231,151,649 0 241,966,703 231,151,649

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
235,890,824 231,151,649 235,890,824 231,151,649


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,739,175 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
235,890,824 231,151,649 235,890,824 231,151,649

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

164-901-02/Menard ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 36,984,370 0.9673 38,234,643 36,984,370
B - MULTIFAMILY 486,300 N/A 486,300 486,300
C1 - VACANT LOTS 1,986,590 N/A 1,986,590 1,986,590
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 29,134,839 1.0114 28,806,652 29,134,839
D2 - FARM & RANCH IMP 6,459,960 N/A 6,459,960 6,459,960
E - NON-AG LAND AND IMPROVEMENTS 74,630,790 0.9177 81,323,733 74,630,790
F1 - COMMERCIAL REAL 8,532,810 N/A 8,532,810 8,532,810
F2 - INDUSTRIAL REAL 6,518,630 N/A 6,518,630 6,518,630
G - ALL MINERALS 4,108,640 N/A 4,108,640 4,108,640
J - ALL UTILITIES 72,254,880 0.9514 75,945,848 72,254,880
L1 - COMMERCIAL PERSONAL 5,983,270 N/A 5,983,270 5,983,270
L2 - INDUSTRIAL PERSONAL 2,089,550 N/A 2,089,550 2,089,550
M1 - MOBILE HOMES 2,527,670 N/A 2,527,670 2,527,670
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 251,698,299 263,004,296 251,698,299
Less Total Deductions 20,546,650 21,037,593 20,546,650
Total Taxable Value 231,151,649 241,966,703 231,151,649

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
235,890,824 231,151,649 235,890,824 231,151,649


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
4,739,175 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
235,890,824 231,151,649 235,890,824 231,151,649

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