taxes Property Tax Assistance

2021 ISD Summary Worksheet

154-Madison /Madison County

154-903/North Zulch ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	36,704,280	0.8426	43,560,741	36,704,280
B - MULTIFAMILY	30,610	N/A	30,610	30,610
C1 - VACANT LOTS	3,626,670	N/A	3,626,670	3,626,670
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	3,029,561	1.1838	2,559,092	3,029,561
D2 - FARM & RANCH IMP	5,365,240	N/A	5,365,240	5,365,240
E - NON-AG LAND AND IMPROVEMENTS	82,470,410	0.8467	97,402,161	82,470,410
F1 - COMMERCIAL REAL	3,915,220	N/A	3,915,220	3,915,220
F2 - INDUSTRIAL REAL	260,110	N/A	260,110	260,110
G - ALL MINERALS	68,442,420	0.9685	70,668,477	68,442,420
J - ALL UTILITIES	42,320,430	0.8785	48,173,512	42,320,430
L1 - COMMERCIAL PERSONAL	1,344,840	N/A	1,344,840	1,344,840
L2 - INDUSTRIAL PERSONAL	2,747,330	N/A	2,747,330	2,747,330
M1 - MOBILE HOMES	4,180,580	N/A	4,180,580	4,180,580
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	254,437,701	0	283,834,583	254,437,701
Less Total Deductions	30,728,889	0	37,727,730	30,728,889
Total Taxable Value	223,708,812	0	246,106,853	223,708,812

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
228,039,010	223,708,812	228,039,010	223,708,812

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
4,330,198	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
228,039,010	223,708,812	228,039,010	223,708,812

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR TWO OF THE GRACE PERIOD

154-903-02/North Zulch ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	36,704,280	0.8426	43,560,741	36,704,280
B - MULTIFAMILY	30,610	N/A	30,610	30,610
C1 - VACANT LOTS	3,626,670	N/A	3,626,670	3,626,670
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	3,029,561	1.1838	2,559,092	3,029,561
D2 - FARM & RANCH IMP	5,365,240	N/A	5,365,240	5,365,240
E - NON-AG LAND AND IMPROVEMENTS	82,470,410	0.8467	97,402,161	82,470,410
F1 - COMMERCIAL REAL	3,915,220	N/A	3,915,220	3,915,220
F2 - INDUSTRIAL REAL	260,110	N/A	260,110	260,110
G - ALL MINERALS	68,442,420	0.9685	70,668,477	68,442,420
J - ALL UTILITIES	42,320,430	0.8785	48,173,512	42,320,430
L1 - COMMERCIAL PERSONAL	1,344,840	N/A	1,344,840	1,344,840
L2 - INDUSTRIAL PERSONAL	2,747,330	N/A	2,747,330	2,747,330
M1 - MOBILE HOMES	4,180,580	N/A	4,180,580	4,180,580
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	254,437,701		283,834,583	254,437,701
Less Total Deductions	30,728,889		37,727,730	30,728,889
Total Taxable Value	223,708,812		246,106,853	223,708,812

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
228,039,010	223,708,812	228,039,010	223,708,812

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
4,330,198	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
228,039,010	223,708,812	228,039,010	223,708,812

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