taxes Property Tax Assistance

2021 ISD Summary Worksheet

176-Newton /Newton County

176-902/Newton ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 107,163,766 N/A 107,163,766 107,163,766
B - MULTIFAMILY 1,277,561 N/A 1,277,561 1,277,561
C1 - VACANT LOTS 8,363,783 N/A 8,363,783 8,363,783
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 58,724,950 N/A 58,724,950 58,724,950
D2 - FARM & RANCH IMP 580,802 N/A 580,802 580,802
E - NON-AG LAND AND IMPROVEMENTS 125,736,741 N/A 125,736,741 125,736,741
F1 - COMMERCIAL REAL 14,041,998 N/A 14,041,998 14,041,998
F2 - INDUSTRIAL REAL 3,056,451 N/A 3,056,451 3,056,451
G - ALL MINERALS 32,148,513 N/A 32,148,513 32,148,513
J - ALL UTILITIES 22,865,859 N/A 22,865,859 22,865,859
L1 - COMMERCIAL PERSONAL 4,131,997 N/A 4,131,997 4,131,997
L2 - INDUSTRIAL PERSONAL 6,441,360 N/A 6,441,360 6,441,360
M1 - MOBILE HOMES 22,305,280 N/A 22,305,280 22,305,280
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 6,098 N/A 6,098 6,098
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 406,845,159 0 406,845,159 406,845,159
Less Total Deductions 88,993,343 0 88,993,343 88,993,343
Total Taxable Value 317,851,816 0 317,851,816 317,851,816

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
330,302,710 317,851,816 316,306,587 303,855,693


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
12,450,894 13,996,123


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
330,302,710 317,851,816 316,306,587 303,855,693

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

176-902-02/Newton ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 107,163,766 N/A 107,163,766 107,163,766
B - MULTIFAMILY 1,277,561 N/A 1,277,561 1,277,561
C1 - VACANT LOTS 8,363,783 N/A 8,363,783 8,363,783
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 58,724,950 N/A 58,724,950 58,724,950
D2 - FARM & RANCH IMP 580,802 N/A 580,802 580,802
E - NON-AG LAND AND IMPROVEMENTS 125,736,741 N/A 125,736,741 125,736,741
F1 - COMMERCIAL REAL 14,041,998 N/A 14,041,998 14,041,998
F2 - INDUSTRIAL REAL 3,056,451 N/A 3,056,451 3,056,451
G - ALL MINERALS 32,148,513 N/A 32,148,513 32,148,513
J - ALL UTILITIES 22,865,859 N/A 22,865,859 22,865,859
L1 - COMMERCIAL PERSONAL 4,131,997 N/A 4,131,997 4,131,997
L2 - INDUSTRIAL PERSONAL 6,441,360 N/A 6,441,360 6,441,360
M1 - MOBILE HOMES 22,305,280 N/A 22,305,280 22,305,280
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 6,098 N/A 6,098 6,098
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 406,845,159 406,845,159 406,845,159
Less Total Deductions 88,993,343 88,993,343 88,993,343
Total Taxable Value 317,851,816 317,851,816 317,851,816

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
330,302,710 317,851,816 316,306,587 303,855,693


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
12,450,894 13,996,123


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
330,302,710 317,851,816 316,306,587 303,855,693

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