taxes Property Tax Assistance

2021 ISD Summary Worksheet

118-Irion /Irion County

118-902/Irion County ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	56,316,800	N/A	56,316,800	56,316,800
B - MULTIFAMILY	72,020	N/A	72,020	72,020
C1 - VACANT LOTS	3,764,150	N/A	3,764,150	3,764,150
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	17,433,679	N/A	17,433,679	17,433,679
D2 - FARM & RANCH IMP	8,165,970	N/A	8,165,970	8,165,970
E - NON-AG LAND AND IMPROVEMENTS	22,971,180	N/A	22,971,180	22,971,180
F1 - COMMERCIAL REAL	4,753,500	N/A	4,753,500	4,753,500
F2 - INDUSTRIAL REAL	371,397,080	N/A	371,397,080	371,397,080
G - ALL MINERALS	728,572,780	N/A	728,572,780	728,572,780
J - ALL UTILITIES	180,885,070	N/A	180,885,070	180,885,070
L1 - COMMERCIAL PERSONAL	8,656,620	N/A	8,656,620	8,656,620
L2 - INDUSTRIAL PERSONAL	31,076,070	N/A	31,076,070	31,076,070
M1 - MOBILE HOMES	3,155,740	N/A	3,155,740	3,155,740
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	1,437,220,659	0	1,437,220,659	1,437,220,659
Less Total Deductions	287,077,913	0	287,077,913	287,077,913
Total Taxable Value	1,150,142,746	0	1,150,142,746	1,150,142,746

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
1,153,536,761	1,150,142,746	1,153,536,761	1,150,142,746

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
3,394,015	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
1,422,593,951	1,419,199,936	1,422,593,951	1,419,199,936

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

118-902-02/Irion County ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	56,316,800	N/A	56,316,800	56,316,800
B - MULTIFAMILY	72,020	N/A	72,020	72,020
C1 - VACANT LOTS	3,764,150	N/A	3,764,150	3,764,150
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	17,433,679	N/A	17,433,679	17,433,679
D2 - FARM & RANCH IMP	8,165,970	N/A	8,165,970	8,165,970
E - NON-AG LAND AND IMPROVEMENTS	22,971,180	N/A	22,971,180	22,971,180
F1 - COMMERCIAL REAL	4,753,500	N/A	4,753,500	4,753,500
F2 - INDUSTRIAL REAL	371,397,080	N/A	371,397,080	371,397,080
G - ALL MINERALS	728,572,780	N/A	728,572,780	728,572,780
J - ALL UTILITIES	180,885,070	N/A	180,885,070	180,885,070
L1 - COMMERCIAL PERSONAL	8,656,620	N/A	8,656,620	8,656,620
L2 - INDUSTRIAL PERSONAL	31,076,070	N/A	31,076,070	31,076,070
M1 - MOBILE HOMES	3,155,740	N/A	3,155,740	3,155,740
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	1,437,220,659		1,437,220,659	1,437,220,659
Less Total Deductions	287,077,913		287,077,913	287,077,913
Total Taxable Value	1,150,142,746		1,150,142,746	1,150,142,746

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
1,153,536,761	1,150,142,746	1,153,536,761	1,150,142,746

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
3,394,015	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
1,422,593,951	1,419,199,936	1,422,593,951	1,419,199,936

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