taxes Property Tax Assistance

2021 ISD Summary Worksheet

114-Howard /Howard County

114-904/Forsan ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	121,177,579	0.8923	135,803,630	135,803,630
B - MULTIFAMILY	109,228	N/A	109,228	109,228
C1 - VACANT LOTS	6,196,614	N/A	6,196,614	6,196,614
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	2,959,988	0.9957	2,972,652	2,972,652
D2 - FARM & RANCH IMP	30,915	N/A	30,915	30,915
E - NON-AG LAND AND IMPROVEMENTS	49,674,399	0.8075	61,516,284	61,516,284
F1 - COMMERCIAL REAL	10,992,695	N/A	10,992,695	10,992,695
F2 - INDUSTRIAL REAL	116,508,037	N/A	116,508,037	116,508,037
G - ALL MINERALS	180,761,980	0.9757	185,263,893	185,263,893
J - ALL UTILITIES	105,382,216	0.9240	114,050,017	114,050,017
L1 - COMMERCIAL PERSONAL	2,202,179	N/A	2,202,179	2,202,179
L2 - INDUSTRIAL PERSONAL	43,542,105	N/A	43,542,105	43,542,105
M1 - MOBILE HOMES	383,616	N/A	383,616	383,616
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	20,462	N/A	20,462	20,462
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	639,942,013	0	679,592,327	679,592,327
Less Total Deductions	46,148,952	0	51,625,036	51,625,036
Total Taxable Value	593,793,061	0	627,967,291	627,967,291

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
633,993,900	627,967,291	623,638,591	617,611,982

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
6,026,609	10,355,309

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
633,993,900	627,967,291	623,638,591	617,611,982

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 TAXABLE VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR LOCAL VALUE DID NOT EXCEED THE STATE VALUE AND: 1) WAS INVALID IN ONE OR MORE OF THE PREVIOUS TWO YEARS OR 2) IS LESS THAN 90% OF THE LOWER END OF THE MARGIN OF ERROR RANGE OR 3) THE APPRAISAL DISTRICT THAT APPRAISES PROPERTY FOR THE SCHOOL DISTRICT WAS NOT IN COMPLIANCE WITH THE SCORING REQUIREMENT OF THE COMPTROLLER'S MOST RECENT REVIEW OF THE APPRAISAL DISTRICT CONDUCTED UNDER SECTION 5.102, TAX CODE (MAP REVIEW)

168-Mitchell /Mitchell County

114-904/Forsan 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	976,227	N/A	976,227	976,227
D2 - FARM & RANCH IMP	23,265	N/A	23,265	23,265
E - NON-AG LAND AND IMPROVEMENTS	137,824	N/A	137,824	137,824
F1 - COMMERCIAL REAL	0	N/A	0	0
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	108,576	N/A	108,576	108,576
J - ALL UTILITIES	1,883,860	N/A	1,883,860	1,883,860
L1 - COMMERCIAL PERSONAL	0	N/A	0	0
L2 - INDUSTRIAL PERSONAL	0	N/A	0	0
M1 - MOBILE HOMES	19,806	N/A	19,806	19,806
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	3,149,558	0	3,149,558	3,149,558
Less Total Deductions	0	0	0	0
Total Taxable Value	3,149,558	0	3,149,558	3,149,558

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
3,149,558	3,149,558	3,149,558	3,149,558

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
0	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
3,149,558	3,149,558	3,149,558	3,149,558

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

114-904-02/Forsan ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	121,177,579	0.8923	135,803,630	135,803,630
B - MULTIFAMILY	109,228	N/A	109,228	109,228
C1 - VACANT LOTS	6,196,614	N/A	6,196,614	6,196,614
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	3,936,215	0.9968	3,948,879	3,948,879
D2 - FARM & RANCH IMP	54,180	N/A	54,180	54,180
E - NON-AG LAND AND IMPROVEMENTS	49,812,223	0.8079	61,654,108	61,654,108
F1 - COMMERCIAL REAL	10,992,695	N/A	10,992,695	10,992,695
F2 - INDUSTRIAL REAL	116,508,037	N/A	116,508,037	116,508,037
G - ALL MINERALS	180,870,556	0.9757	185,372,469	185,372,469
J - ALL UTILITIES	107,266,076	0.9252	115,933,877	115,933,877
L1 - COMMERCIAL PERSONAL	2,202,179	N/A	2,202,179	2,202,179
L2 - INDUSTRIAL PERSONAL	43,542,105	N/A	43,542,105	43,542,105
M1 - MOBILE HOMES	403,422	N/A	403,422	403,422
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	20,462	N/A	20,462	20,462
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	643,091,571		682,741,885	682,741,885
Less Total Deductions	46,148,952		51,625,036	51,625,036
Total Taxable Value	596,942,619		631,116,849	631,116,849

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
637,143,458	631,116,849	626,788,149	620,761,540

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
6,026,609	10,355,309

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
637,143,458	631,116,849	626,788,149	620,761,540

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