taxes Property Tax Assistance

2021 ISD Summary Worksheet

187-Polk /Polk County

187-906/Leggett ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	32,604,318	1.0379	31,413,737	32,604,318
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	3,148,322	N/A	3,148,322	3,148,322
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	11,861,712	1.0774	11,009,357	11,861,712
D2 - FARM & RANCH IMP	1,253,526	N/A	1,253,526	1,253,526
E - NON-AG LAND AND IMPROVEMENTS	25,731,558	1.1012	23,366,834	25,731,558
F1 - COMMERCIAL REAL	2,241,252	N/A	2,241,252	2,241,252
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	4,401,106	0.9617	4,576,381	4,401,106
J - ALL UTILITIES	24,960,786	0.9366	26,650,423	24,960,786
L1 - COMMERCIAL PERSONAL	2,424,361	N/A	2,424,361	2,424,361
L2 - INDUSTRIAL PERSONAL	0	N/A	0	0
M1 - MOBILE HOMES	5,543,670	N/A	5,543,670	5,543,670
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	114,170,611	0	111,627,863	114,170,611
Less Total Deductions	18,990,291	0	18,290,288	18,990,291
Total Taxable Value	95,180,320	0	93,337,575	95,180,320

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
97,635,906	95,180,320	97,635,906	95,180,320

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
2,455,586	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
97,635,906	95,180,320	97,635,906	95,180,320

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

187-906-02/Leggett ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	32,604,318	1.0379	31,413,737	32,604,318
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	3,148,322	N/A	3,148,322	3,148,322
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	11,861,712	1.0774	11,009,357	11,861,712
D2 - FARM & RANCH IMP	1,253,526	N/A	1,253,526	1,253,526
E - NON-AG LAND AND IMPROVEMENTS	25,731,558	1.1012	23,366,834	25,731,558
F1 - COMMERCIAL REAL	2,241,252	N/A	2,241,252	2,241,252
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	4,401,106	0.9617	4,576,381	4,401,106
J - ALL UTILITIES	24,960,786	0.9366	26,650,423	24,960,786
L1 - COMMERCIAL PERSONAL	2,424,361	N/A	2,424,361	2,424,361
L2 - INDUSTRIAL PERSONAL	0	N/A	0	0
M1 - MOBILE HOMES	5,543,670	N/A	5,543,670	5,543,670
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	114,170,611		111,627,863	114,170,611
Less Total Deductions	18,990,291		18,290,288	18,990,291
Total Taxable Value	95,180,320		93,337,575	95,180,320

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
97,635,906	95,180,320	97,635,906	95,180,320

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
2,455,586	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
97,635,906	95,180,320	97,635,906	95,180,320

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