taxes Property Tax Assistance

2021 ISD Summary Worksheet

037-Cherokee /Cherokee County

212-902/Bullard ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	349,938,527	0.9736	359,427,411	349,938,527
B - MULTIFAMILY	3,145,040	N/A	3,145,040	3,145,040
C1 - VACANT LOTS	24,492,894	N/A	24,492,894	24,492,894
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	2,533,820	1.1721	2,161,780	2,533,820
D2 - FARM & RANCH IMP	3,559,880	N/A	3,559,880	3,559,880
E - NON-AG LAND AND IMPROVEMENTS	112,853,620	1.0717	105,303,368	112,853,620
F1 - COMMERCIAL REAL	19,517,120	N/A	19,517,120	19,517,120
F2 - INDUSTRIAL REAL	3,108,800	N/A	3,108,800	3,108,800
G - ALL MINERALS	428,664	N/A	428,664	428,664
J - ALL UTILITIES	6,725,290	N/A	6,725,290	6,725,290
L1 - COMMERCIAL PERSONAL	4,240,360	N/A	4,240,360	4,240,360
L2 - INDUSTRIAL PERSONAL	31,705,930	N/A	31,705,930	31,705,930
M1 - MOBILE HOMES	5,826,640	N/A	5,826,640	5,826,640
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	1,435,990	N/A	1,435,990	1,435,990
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	569,512,575	0	571,079,167	569,512,575
Less Total Deductions	93,193,488	0	97,443,777	93,193,488
Total Taxable Value	476,319,087	0	473,635,390	476,319,087

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
486,067,096	476,319,087	486,067,096	476,319,087

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
9,748,009	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
486,067,096	476,319,087	486,067,096	476,319,087

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

212-Smith /Smith County

212-902/Bullard ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	823,485,699	0.9624	855,658,457	823,485,699
B - MULTIFAMILY	12,197,695	N/A	12,197,695	12,197,695
C1 - VACANT LOTS	21,498,443	N/A	21,498,443	21,498,443
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	1,682,064	1.5940	1,055,237	1,682,064
D2 - FARM & RANCH IMP	2,335,042	N/A	2,335,042	2,335,042
E - NON-AG LAND AND IMPROVEMENTS	89,336,354	0.9839	90,798,205	89,336,354
F1 - COMMERCIAL REAL	45,377,858	N/A	45,377,858	45,377,858
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	921,908	N/A	921,908	921,908
J - ALL UTILITIES	12,265,778	N/A	12,265,778	12,265,778
L1 - COMMERCIAL PERSONAL	16,860,638	N/A	16,860,638	16,860,638
L2 - INDUSTRIAL PERSONAL	0	N/A	0	0
M1 - MOBILE HOMES	1,665,642	N/A	1,665,642	1,665,642
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	11,013,986	N/A	11,013,986	11,013,986
S - SPECIAL INVENTORY	383,436	N/A	383,436	383,436
Subtotal	1,039,024,543	0	1,072,032,325	1,039,024,543
Less Total Deductions	142,388,214	0	153,362,777	142,388,214
Total Taxable Value	896,636,329	0	918,669,548	896,636,329

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
922,130,958	896,636,329	922,130,958	896,636,329

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
25,494,629	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
922,130,958	896,636,329	922,130,958	896,636,329

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

212-902-02/Bullard ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	1,173,424,226	0.9657	1,215,085,868	1,173,424,226
B - MULTIFAMILY	15,342,735	N/A	15,342,735	15,342,735
C1 - VACANT LOTS	45,991,337	N/A	45,991,337	45,991,337
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	4,215,884	1.3105	3,217,017	4,215,884
D2 - FARM & RANCH IMP	5,894,922	N/A	5,894,922	5,894,922
E - NON-AG LAND AND IMPROVEMENTS	202,189,974	1.0310	196,101,573	202,189,974
F1 - COMMERCIAL REAL	64,894,978	N/A	64,894,978	64,894,978
F2 - INDUSTRIAL REAL	3,108,800	N/A	3,108,800	3,108,800
G - ALL MINERALS	1,350,572	N/A	1,350,572	1,350,572
J - ALL UTILITIES	18,991,068	N/A	18,991,068	18,991,068
L1 - COMMERCIAL PERSONAL	21,100,998	N/A	21,100,998	21,100,998
L2 - INDUSTRIAL PERSONAL	31,705,930	N/A	31,705,930	31,705,930
M1 - MOBILE HOMES	7,492,282	N/A	7,492,282	7,492,282
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	12,449,976	N/A	12,449,976	12,449,976
S - SPECIAL INVENTORY	383,436	N/A	383,436	383,436
Subtotal	1,608,537,118		1,643,111,492	1,608,537,118
Less Total Deductions	235,581,702		250,806,554	235,581,702
Total Taxable Value	1,372,955,416		1,392,304,938	1,372,955,416

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
1,408,198,054	1,372,955,416	1,408,198,054	1,372,955,416

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
35,242,638	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
1,408,198,054	1,372,955,416	1,408,198,054	1,372,955,416

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