taxes Property Tax Assistance

2021 ISD Summary Worksheet

070-Ellis /Ellis County

070-911/Red Oak ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	2,452,692,710	N/A	2,452,692,710	2,452,692,710
B - MULTIFAMILY	90,910,424	N/A	90,910,424	90,910,424
C1 - VACANT LOTS	35,954,726	N/A	35,954,726	35,954,726
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	1,360,362	N/A	1,360,362	1,360,362
D2 - FARM & RANCH IMP	2,044,553	N/A	2,044,553	2,044,553
E - NON-AG LAND AND IMPROVEMENTS	94,479,315	N/A	94,479,315	94,479,315
F1 - COMMERCIAL REAL	232,384,086	N/A	232,384,086	232,384,086
F2 - INDUSTRIAL REAL	84,145,880	N/A	84,145,880	84,145,880
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	33,315,690	N/A	33,315,690	33,315,690
L1 - COMMERCIAL PERSONAL	42,730,708	N/A	42,730,708	42,730,708
L2 - INDUSTRIAL PERSONAL	186,734,151	N/A	186,734,151	186,734,151
M1 - MOBILE HOMES	7,863,446	N/A	7,863,446	7,863,446
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	59,523,827	N/A	59,523,827	59,523,827
S - SPECIAL INVENTORY	110,740	N/A	110,740	110,740
Subtotal	3,324,250,618	0	3,324,250,618	3,324,250,618
Less Total Deductions	693,027,748	0	693,027,748	693,027,748
Total Taxable Value	2,631,222,870	0	2,631,222,870	2,631,222,870

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
2,701,871,915	2,631,222,870	2,701,871,915	2,631,222,870

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
70,649,045	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
2,701,871,915	2,631,222,870	2,701,871,915	2,631,222,870

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

070-911-02/Red Oak ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	2,452,692,710	N/A	2,452,692,710	2,452,692,710
B - MULTIFAMILY	90,910,424	N/A	90,910,424	90,910,424
C1 - VACANT LOTS	35,954,726	N/A	35,954,726	35,954,726
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	1,360,362	N/A	1,360,362	1,360,362
D2 - FARM & RANCH IMP	2,044,553	N/A	2,044,553	2,044,553
E - NON-AG LAND AND IMPROVEMENTS	94,479,315	N/A	94,479,315	94,479,315
F1 - COMMERCIAL REAL	232,384,086	N/A	232,384,086	232,384,086
F2 - INDUSTRIAL REAL	84,145,880	N/A	84,145,880	84,145,880
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	33,315,690	N/A	33,315,690	33,315,690
L1 - COMMERCIAL PERSONAL	42,730,708	N/A	42,730,708	42,730,708
L2 - INDUSTRIAL PERSONAL	186,734,151	N/A	186,734,151	186,734,151
M1 - MOBILE HOMES	7,863,446	N/A	7,863,446	7,863,446
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	59,523,827	N/A	59,523,827	59,523,827
S - SPECIAL INVENTORY	110,740	N/A	110,740	110,740
Subtotal	3,324,250,618		3,324,250,618	3,324,250,618
Less Total Deductions	693,027,748		693,027,748	693,027,748
Total Taxable Value	2,631,222,870		2,631,222,870	2,631,222,870

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
2,701,871,915	2,631,222,870	2,701,871,915	2,631,222,870

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
70,649,045	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
2,701,871,915	2,631,222,870	2,701,871,915	2,631,222,870

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