taxes Property Tax Assistance

2021 ISD Summary Worksheet

034-Cass /Cass County

034-906/McLeod ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	6,641,980	0.9761	6,804,610	6,641,980
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	64,110	N/A	64,110	64,110
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	4,417,063	1.0243	4,312,485	4,417,063
D2 - FARM & RANCH IMP	602,160	N/A	602,160	602,160
E - NON-AG LAND AND IMPROVEMENTS	24,774,783	1.0194	24,303,299	24,774,783
F1 - COMMERCIAL REAL	387,840	N/A	387,840	387,840
F2 - INDUSTRIAL REAL	23,670	N/A	23,670	23,670
G - ALL MINERALS	4,224,002	0.9692	4,358,236	4,224,002
J - ALL UTILITIES	1,022,720	N/A	1,022,720	1,022,720
L1 - COMMERCIAL PERSONAL	488,959	N/A	488,959	488,959
L2 - INDUSTRIAL PERSONAL	183,980	N/A	183,980	183,980
M1 - MOBILE HOMES	2,424,150	N/A	2,424,150	2,424,150
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	45,255,417	0	44,976,219	45,255,417
Less Total Deductions	9,274,279	0	9,474,406	9,274,279
Total Taxable Value	35,981,138	0	35,501,813	35,981,138

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
37,942,758	35,981,138	37,942,758	35,981,138

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
1,961,620	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
37,942,758	35,981,138	37,942,758	35,981,138

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

034-906-02/McLeod ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	6,641,980	0.9761	6,804,610	6,641,980
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	64,110	N/A	64,110	64,110
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	4,417,063	1.0243	4,312,485	4,417,063
D2 - FARM & RANCH IMP	602,160	N/A	602,160	602,160
E - NON-AG LAND AND IMPROVEMENTS	24,774,783	1.0194	24,303,299	24,774,783
F1 - COMMERCIAL REAL	387,840	N/A	387,840	387,840
F2 - INDUSTRIAL REAL	23,670	N/A	23,670	23,670
G - ALL MINERALS	4,224,002	0.9692	4,358,236	4,224,002
J - ALL UTILITIES	1,022,720	N/A	1,022,720	1,022,720
L1 - COMMERCIAL PERSONAL	488,959	N/A	488,959	488,959
L2 - INDUSTRIAL PERSONAL	183,980	N/A	183,980	183,980
M1 - MOBILE HOMES	2,424,150	N/A	2,424,150	2,424,150
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	45,255,417		44,976,219	45,255,417
Less Total Deductions	9,274,279		9,474,406	9,274,279
Total Taxable Value	35,981,138		35,501,813	35,981,138

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
37,942,758	35,981,138	37,942,758	35,981,138

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
1,961,620	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
37,942,758	35,981,138	37,942,758	35,981,138

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