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