taxes Property Tax Assistance

2021 ISD Summary Worksheet

200-Runnels /Runnels County

200-906/Olfen 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	2,070	N/A	2,070	2,070
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	2,720,020	N/A	2,720,020	2,720,020
D2 - FARM & RANCH IMP	440,110	N/A	440,110	440,110
E - NON-AG LAND AND IMPROVEMENTS	4,979,330	N/A	4,979,330	4,979,330
F1 - COMMERCIAL REAL	95,870	N/A	95,870	95,870
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	5,922,530	N/A	5,922,530	5,922,530
L1 - COMMERCIAL PERSONAL	131,870	N/A	131,870	131,870
L2 - INDUSTRIAL PERSONAL	1,600	N/A	1,600	1,600
M1 - MOBILE HOMES	101,390	N/A	101,390	101,390
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	14,394,790	0	14,394,790	14,394,790
Less Total Deductions	1,581,507	0	1,581,507	1,581,507
Total Taxable Value	12,813,283	0	12,813,283	12,813,283

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
13,107,033	12,813,283	13,107,033	12,813,283

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
293,750	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
13,107,033	12,813,283	13,107,033	12,813,283

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

200-906-02/Olfen 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	2,070	N/A	2,070	2,070
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	2,720,020	N/A	2,720,020	2,720,020
D2 - FARM & RANCH IMP	440,110	N/A	440,110	440,110
E - NON-AG LAND AND IMPROVEMENTS	4,979,330	N/A	4,979,330	4,979,330
F1 - COMMERCIAL REAL	95,870	N/A	95,870	95,870
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	5,922,530	N/A	5,922,530	5,922,530
L1 - COMMERCIAL PERSONAL	131,870	N/A	131,870	131,870
L2 - INDUSTRIAL PERSONAL	1,600	N/A	1,600	1,600
M1 - MOBILE HOMES	101,390	N/A	101,390	101,390
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	14,394,790		14,394,790	14,394,790
Less Total Deductions	1,581,507		1,581,507	1,581,507
Total Taxable Value	12,813,283		12,813,283	12,813,283

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
13,107,033	12,813,283	13,107,033	12,813,283

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
293,750	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
13,107,033	12,813,283	13,107,033	12,813,283

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