taxes Property Tax Assistance

2022 ISD Summary Worksheet

026-Burleson/Burleson County

026-903/Snook ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	123,143,572	0.9376	131,339,134	123,143,572
B - MULTIFAMILY	129,043	N/A	129,043	129,043
C1 - VACANT LOTS	20,479,445	N/A	20,479,445	20,479,445
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	17,992,289	0.9472	18,995,079	17,992,289
D2 - FARM & RANCH IMP	12,103,329	N/A	12,103,329	12,103,329
E - NON-AG LAND AND IMPROVEMENTS	178,242,113	0.9213	193,468,048	178,242,113
F1 - COMMERCIAL REAL	16,379,211	N/A	16,379,211	16,379,211
F2 - INDUSTRIAL REAL	369,109	N/A	369,109	369,109
G - ALL MINERALS	76,298,090	0.9541	79,968,651	76,298,090
J - ALL UTILITIES	19,240,706	N/A	19,240,706	19,240,706
L1 - COMMERCIAL PERSONAL	4,810,338	N/A	4,810,338	4,810,338
L2 - INDUSTRIAL PERSONAL	5,131,100	N/A	5,131,100	5,131,100
M1 - MOBILE HOMES	16,295,939	N/A	16,295,939	16,295,939
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	490,614,284	0	518,709,132	490,614,284
Less Total Deductions	88,499,969	0	94,275,788	88,499,969
Total Taxable Value	402,114,315	0	424,433,344	402,114,315

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	T13
408,986,599	402,114,315	408,986,599	402,114,315	420,076,599

Loss to the Increase in the State-Mandated Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
6,872,284	0	11,090,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
408,986,599	402,114,315	408,986,599	402,114,315	420,076,599

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

THE PVS FOUND YOUR LOCAL VALUE INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

026-903-02/Snook ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	123,143,572	0.9376	131,339,134	123,143,572
B - MULTIFAMILY	129,043	N/A	129,043	129,043
C1 - VACANT LOTS	20,479,445	N/A	20,479,445	20,479,445
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	17,992,289	0.9472	18,995,079	17,992,289
D2 - FARM & RANCH IMP	12,103,329	N/A	12,103,329	12,103,329
E - NON-AG LAND AND IMPROVEMENTS	178,242,113	0.9213	193,468,048	178,242,113
F1 - COMMERCIAL REAL	16,379,211	N/A	16,379,211	16,379,211
F2 - INDUSTRIAL REAL	369,109	N/A	369,109	369,109
G - ALL MINERALS	76,298,090	0.9541	79,968,651	76,298,090
J - ALL UTILITIES	19,240,706	N/A	19,240,706	19,240,706
L1 - COMMERCIAL PERSONAL	4,810,338	N/A	4,810,338	4,810,338
L2 - INDUSTRIAL PERSONAL	5,131,100	N/A	5,131,100	5,131,100
M1 - MOBILE HOMES	16,295,939	N/A	16,295,939	16,295,939
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	490,614,284		518,709,132	490,614,284
Less Total Deductions	88,499,969		94,275,788	88,499,969
Total Taxable Value	402,114,315		424,433,344	402,114,315

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	T13
408,986,599	402,114,315	408,986,599	402,114,315	420,076,599

Loss to the Increase in the State-Mandated Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
6,872,284	0	11,090,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
408,986,599	402,114,315	408,986,599	402,114,315	420,076,599

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement