taxes Property Tax Assistance

2021 ISD Summary Worksheet

077-Floyd /Floyd County

173-901/Motley County ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 0 N/A 0 0
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 0 N/A 0 0
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,007,820 N/A 1,007,820 1,007,820
D2 - FARM & RANCH IMP 49,310 N/A 49,310 49,310
E - NON-AG LAND AND IMPROVEMENTS 395,790 N/A 395,790 395,790
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 6,670 N/A 6,670 6,670
J - ALL UTILITIES 66,550 N/A 66,550 66,550
L1 - COMMERCIAL PERSONAL 0 N/A 0 0
L2 - INDUSTRIAL PERSONAL 26,240 N/A 26,240 26,240
M1 - MOBILE HOMES 0 N/A 0 0
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 1,552,380 0 1,552,380 1,552,380
Less Total Deductions 87,010 0 87,010 87,010
Total Taxable Value 1,465,370 0 1,465,370 1,465,370

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
1,495,370 1,465,370 1,495,370 1,465,370


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
30,000 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
1,495,370 1,465,370 1,495,370 1,465,370

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

173-Motley /Motley County

173-901/Motley County ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 17,863,480 0.9661 18,490,301 17,863,480
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 320,360 N/A 320,360 320,360
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 44,909,880 1.5010 29,919,357 44,909,880
D2 - FARM & RANCH IMP 759,850 N/A 759,850 759,850
E - NON-AG LAND AND IMPROVEMENTS 8,816,570 0.9156 9,629,281 8,816,570
F1 - COMMERCIAL REAL 2,420,050 N/A 2,420,050 2,420,050
F2 - INDUSTRIAL REAL 163,240 N/A 163,240 163,240
G - ALL MINERALS 1,954,780 N/A 1,954,780 1,954,780
J - ALL UTILITIES 44,048,090 0.8887 49,564,634 44,048,090
L1 - COMMERCIAL PERSONAL 2,980,190 N/A 2,980,190 2,980,190
L2 - INDUSTRIAL PERSONAL 2,180,900 N/A 2,180,900 2,180,900
M1 - MOBILE HOMES 431,740 N/A 431,740 431,740
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 126,849,130 0 118,814,683 126,849,130
Less Total Deductions 10,391,521 0 10,675,304 10,391,521
Total Taxable Value 116,457,609 0 108,139,379 116,457,609

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
119,002,239 116,457,609 119,002,239 116,457,609


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,544,630 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
119,002,239 116,457,609 119,002,239 116,457,609

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 LOCAL VALUE IS GREATER THAN PTAD VALUE

173-901-02/Motley County ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 17,863,480 0.9661 18,490,301 17,863,480
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 320,360 N/A 320,360 320,360
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 45,917,700 1.4847 30,927,177 45,917,700
D2 - FARM & RANCH IMP 809,160 N/A 809,160 809,160
E - NON-AG LAND AND IMPROVEMENTS 9,212,360 0.9189 10,025,071 9,212,360
F1 - COMMERCIAL REAL 2,420,050 N/A 2,420,050 2,420,050
F2 - INDUSTRIAL REAL 163,240 N/A 163,240 163,240
G - ALL MINERALS 1,961,450 N/A 1,961,450 1,961,450
J - ALL UTILITIES 44,114,640 0.8888 49,631,184 44,114,640
L1 - COMMERCIAL PERSONAL 2,980,190 N/A 2,980,190 2,980,190
L2 - INDUSTRIAL PERSONAL 2,207,140 N/A 2,207,140 2,207,140
M1 - MOBILE HOMES 431,740 N/A 431,740 431,740
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 128,401,510 120,367,063 128,401,510
Less Total Deductions 10,478,531 10,762,314 10,478,531
Total Taxable Value 117,922,979 109,604,749 117,922,979

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
120,497,609 117,922,979 120,497,609 117,922,979


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
2,574,630 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
120,497,609 117,922,979 120,497,609 117,922,979

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