taxes Property Tax Assistance

2021 ISD Summary Worksheet

145-Leon /Leon County

145-906/Normangee ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	139,015,250	N/A	139,015,250	139,015,250
B - MULTIFAMILY	319,230	N/A	319,230	319,230
C1 - VACANT LOTS	16,670,300	N/A	16,670,300	16,670,300
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	4,507,720	N/A	4,507,720	4,507,720
D2 - FARM & RANCH IMP	4,675,110	N/A	4,675,110	4,675,110
E - NON-AG LAND AND IMPROVEMENTS	90,895,170	N/A	90,895,170	90,895,170
F1 - COMMERCIAL REAL	7,804,880	N/A	7,804,880	7,804,880
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	14,352,370	N/A	14,352,370	14,352,370
J - ALL UTILITIES	87,413,670	N/A	87,413,670	87,413,670
L1 - COMMERCIAL PERSONAL	9,734,770	N/A	9,734,770	9,734,770
L2 - INDUSTRIAL PERSONAL	473,620	N/A	473,620	473,620
M1 - MOBILE HOMES	5,665,350	N/A	5,665,350	5,665,350
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	1,438,580	N/A	1,438,580	1,438,580
Subtotal	382,966,020	0	382,966,020	382,966,020
Less Total Deductions	83,061,375	0	83,061,375	83,061,375
Total Taxable Value	299,904,645	0	299,904,645	299,904,645

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
309,433,405	299,904,645	294,692,995	285,164,235

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
9,528,760	14,740,410

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
309,433,405	299,904,645	294,692,995	285,164,235

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

154-Madison /Madison County

145-906/Normangee ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	2,579,570	N/A	2,579,570	2,579,570
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	311,279	N/A	311,279	311,279
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	2,244,580	N/A	2,244,580	2,244,580
D2 - FARM & RANCH IMP	6,701,130	N/A	6,701,130	6,701,130
E - NON-AG LAND AND IMPROVEMENTS	45,969,160	N/A	45,969,160	45,969,160
F1 - COMMERCIAL REAL	1,719,530	N/A	1,719,530	1,719,530
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	11,173,620	N/A	11,173,620	11,173,620
J - ALL UTILITIES	25,524,180	N/A	25,524,180	25,524,180
L1 - COMMERCIAL PERSONAL	784,550	N/A	784,550	784,550
L2 - INDUSTRIAL PERSONAL	219,250	N/A	219,250	219,250
M1 - MOBILE HOMES	837,250	N/A	837,250	837,250
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	267,120	N/A	267,120	267,120
Subtotal	98,331,219	0	98,331,219	98,331,219
Less Total Deductions	11,773,042	0	11,773,042	11,773,042
Total Taxable Value	86,558,177	0	86,558,177	86,558,177

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
88,004,915	86,558,177	85,238,539	83,791,801

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
1,446,738	2,766,376

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
88,004,915	86,558,177	85,238,539	83,791,801

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

145-906-02/Normangee ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	141,594,820	N/A	141,594,820	141,594,820
B - MULTIFAMILY	319,230	N/A	319,230	319,230
C1 - VACANT LOTS	16,981,579	N/A	16,981,579	16,981,579
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	6,752,300	N/A	6,752,300	6,752,300
D2 - FARM & RANCH IMP	11,376,240	N/A	11,376,240	11,376,240
E - NON-AG LAND AND IMPROVEMENTS	136,864,330	N/A	136,864,330	136,864,330
F1 - COMMERCIAL REAL	9,524,410	N/A	9,524,410	9,524,410
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	25,525,990	N/A	25,525,990	25,525,990
J - ALL UTILITIES	112,937,850	N/A	112,937,850	112,937,850
L1 - COMMERCIAL PERSONAL	10,519,320	N/A	10,519,320	10,519,320
L2 - INDUSTRIAL PERSONAL	692,870	N/A	692,870	692,870
M1 - MOBILE HOMES	6,502,600	N/A	6,502,600	6,502,600
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	1,705,700	N/A	1,705,700	1,705,700
Subtotal	481,297,239		481,297,239	481,297,239
Less Total Deductions	94,834,417		94,834,417	94,834,417
Total Taxable Value	386,462,822		386,462,822	386,462,822

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
397,438,320	386,462,822	379,931,534	368,956,036

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
10,975,498	17,506,786

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
397,438,320	386,462,822	379,931,534	368,956,036

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