taxes Property Tax Assistance

2021 ISD Summary Worksheet

186-Pecos /Pecos County

186-903/Iraan-Sheffield ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	43,076,510	1.0196	42,248,441	43,076,510
B - MULTIFAMILY	29,740	N/A	29,740	29,740
C1 - VACANT LOTS	336,840	N/A	336,840	336,840
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	4,467,480	0.6015	7,427,474	4,467,480
D2 - FARM & RANCH IMP	5,431,680	N/A	5,431,680	5,431,680
E - NON-AG LAND AND IMPROVEMENTS	9,797,660	N/A	9,797,660	9,797,660
F1 - COMMERCIAL REAL	6,874,810	N/A	6,874,810	6,874,810
F2 - INDUSTRIAL REAL	588,021,360	N/A	588,021,360	588,021,360
G - ALL MINERALS	334,417,288	0.9075	368,503,899	334,417,288
J - ALL UTILITIES	100,579,240	0.9567	105,131,431	100,579,240
L1 - COMMERCIAL PERSONAL	1,860,020	N/A	1,860,020	1,860,020
L2 - INDUSTRIAL PERSONAL	45,680,970	N/A	45,680,970	45,680,970
M1 - MOBILE HOMES	4,605,440	N/A	4,605,440	4,605,440
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	1,145,179,038	0	1,185,949,765	1,145,179,038
Less Total Deductions	341,920,627	0	341,686,687	341,920,627
Total Taxable Value	803,258,411	0	844,263,078	803,258,411

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
806,549,831	803,258,411	803,598,641	800,307,221

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
3,291,420	2,951,190

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
1,130,742,631	1,127,451,211	1,127,791,441	1,124,500,021

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 ONE OF THE GRACE PERIOD

186-903-02/Iraan-Sheffield ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	43,076,510	1.0196	42,248,441	43,076,510
B - MULTIFAMILY	29,740	N/A	29,740	29,740
C1 - VACANT LOTS	336,840	N/A	336,840	336,840
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	4,467,480	0.6015	7,427,474	4,467,480
D2 - FARM & RANCH IMP	5,431,680	N/A	5,431,680	5,431,680
E - NON-AG LAND AND IMPROVEMENTS	9,797,660	N/A	9,797,660	9,797,660
F1 - COMMERCIAL REAL	6,874,810	N/A	6,874,810	6,874,810
F2 - INDUSTRIAL REAL	588,021,360	N/A	588,021,360	588,021,360
G - ALL MINERALS	334,417,288	0.9075	368,503,899	334,417,288
J - ALL UTILITIES	100,579,240	0.9567	105,131,431	100,579,240
L1 - COMMERCIAL PERSONAL	1,860,020	N/A	1,860,020	1,860,020
L2 - INDUSTRIAL PERSONAL	45,680,970	N/A	45,680,970	45,680,970
M1 - MOBILE HOMES	4,605,440	N/A	4,605,440	4,605,440
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	1,145,179,038		1,185,949,765	1,145,179,038
Less Total Deductions	341,920,627		341,686,687	341,920,627
Total Taxable Value	803,258,411		844,263,078	803,258,411

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
806,549,831	803,258,411	803,598,641	800,307,221

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
3,291,420	2,951,190

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
1,130,742,631	1,127,451,211	1,127,791,441	1,124,500,021

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