taxes Property Tax Assistance

2021 ISD Summary Worksheet

252-Young /Young County

252-902/Newcastle ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	5,515,970	0.8614	6,403,494	5,515,970
B - MULTIFAMILY	364,480	N/A	364,480	364,480
C1 - VACANT LOTS	174,786	N/A	174,786	174,786
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	10,479,208	1.0747	9,750,443	10,479,208
D2 - FARM & RANCH IMP	2,669,683	N/A	2,669,683	2,669,683
E - NON-AG LAND AND IMPROVEMENTS	30,902,674	0.9764	31,649,605	30,902,674
F1 - COMMERCIAL REAL	2,410,360	N/A	2,410,360	2,410,360
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	9,901,800	0.9842	10,060,760	9,901,800
J - ALL UTILITIES	17,551,970	0.8651	20,288,949	17,551,970
L1 - COMMERCIAL PERSONAL	1,137,540	N/A	1,137,540	1,137,540
L2 - INDUSTRIAL PERSONAL	219,730	N/A	219,730	219,730
M1 - MOBILE HOMES	339,850	N/A	339,850	339,850
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	81,668,051	0	85,469,680	81,668,051
Less Total Deductions	9,420,903	0	10,673,265	9,420,903
Total Taxable Value	72,247,148	0	74,796,415	72,247,148

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
73,625,214	72,247,148	73,625,214	72,247,148

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
1,378,066	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
73,625,214	72,247,148	73,625,214	72,247,148

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

252-902-02/Newcastle ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	5,515,970	0.8614	6,403,494	5,515,970
B - MULTIFAMILY	364,480	N/A	364,480	364,480
C1 - VACANT LOTS	174,786	N/A	174,786	174,786
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	10,479,208	1.0747	9,750,443	10,479,208
D2 - FARM & RANCH IMP	2,669,683	N/A	2,669,683	2,669,683
E - NON-AG LAND AND IMPROVEMENTS	30,902,674	0.9764	31,649,605	30,902,674
F1 - COMMERCIAL REAL	2,410,360	N/A	2,410,360	2,410,360
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	9,901,800	0.9842	10,060,760	9,901,800
J - ALL UTILITIES	17,551,970	0.8651	20,288,949	17,551,970
L1 - COMMERCIAL PERSONAL	1,137,540	N/A	1,137,540	1,137,540
L2 - INDUSTRIAL PERSONAL	219,730	N/A	219,730	219,730
M1 - MOBILE HOMES	339,850	N/A	339,850	339,850
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	81,668,051		85,469,680	81,668,051
Less Total Deductions	9,420,903		10,673,265	9,420,903
Total Taxable Value	72,247,148		74,796,415	72,247,148

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
73,625,214	72,247,148	73,625,214	72,247,148

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
1,378,066	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
73,625,214	72,247,148	73,625,214	72,247,148

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