taxes Property Tax Assistance

2022 ISD Summary Worksheet

034-Cass/Cass County

034-906/McLeod ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 7,290,240 N/A 7,290,240 7,290,240
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 85,670 N/A 85,670 85,670
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,807,485 N/A 4,807,485 4,807,485
D2 - FARM & RANCH IMP 822,630 N/A 822,630 822,630
E - NON-AG LAND AND IMPROVEMENTS 30,110,014 N/A 30,110,014 30,110,014
F1 - COMMERCIAL REAL 431,444 N/A 431,444 431,444
F2 - INDUSTRIAL REAL 28,620 N/A 28,620 28,620
G - ALL MINERALS 5,379,237 N/A 5,379,237 5,379,237
J - ALL UTILITIES 1,012,540 N/A 1,012,540 1,012,540
L1 - COMMERCIAL PERSONAL 688,350 N/A 688,350 688,350
L2 - INDUSTRIAL PERSONAL 195,220 N/A 195,220 195,220
M1 - MOBILE HOMES 2,337,560 N/A 2,337,560 2,337,560
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 53,189,010 0 53,189,010 53,189,010
Less Total Deductions 12,525,805 0 12,525,805 12,525,805
Total Taxable Value 40,663,205 0 40,663,205 40,663,205

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
43,057,703 40,663,205 43,057,703 40,663,205 45,357,703


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
2,394,498 0 2,300,000


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
43,057,703 40,663,205 43,057,703 40,663,205 45,357,703

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 TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

034-906-02/McLeod ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 7,290,240 N/A 7,290,240 7,290,240
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 85,670 N/A 85,670 85,670
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,807,485 N/A 4,807,485 4,807,485
D2 - FARM & RANCH IMP 822,630 N/A 822,630 822,630
E - NON-AG LAND AND IMPROVEMENTS 30,110,014 N/A 30,110,014 30,110,014
F1 - COMMERCIAL REAL 431,444 N/A 431,444 431,444
F2 - INDUSTRIAL REAL 28,620 N/A 28,620 28,620
G - ALL MINERALS 5,379,237 N/A 5,379,237 5,379,237
J - ALL UTILITIES 1,012,540 N/A 1,012,540 1,012,540
L1 - COMMERCIAL PERSONAL 688,350 N/A 688,350 688,350
L2 - INDUSTRIAL PERSONAL 195,220 N/A 195,220 195,220
M1 - MOBILE HOMES 2,337,560 N/A 2,337,560 2,337,560
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 53,189,010 53,189,010 53,189,010
Less Total Deductions 12,525,805 12,525,805 12,525,805
Total Taxable Value 40,663,205 40,663,205 40,663,205

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
43,057,703 40,663,205 43,057,703 40,663,205 45,357,703


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
2,394,498 0 2,300,000


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
43,057,703 40,663,205 43,057,703 40,663,205 45,357,703

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