taxes Property Tax Assistance

2022 ISD Summary Worksheet

039-Clay/Clay County

039-903/Petrolia CISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	116,564,930	0.9579	121,687,995	116,564,930
B - MULTIFAMILY	403,580	N/A	403,580	403,580
C1 - VACANT LOTS	3,944,280	N/A	3,944,280	3,944,280
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	13,627,150	1.2005	11,351,147	13,627,150
D2 - FARM & RANCH IMP	4,336,760	N/A	4,336,760	4,336,760
E - NON-AG LAND AND IMPROVEMENTS	53,121,630	0.9305	57,089,339	53,121,630
F1 - COMMERCIAL REAL	3,893,470	N/A	3,893,470	3,893,470
F2 - INDUSTRIAL REAL	25,180	N/A	25,180	25,180
G - ALL MINERALS	1,441,830	N/A	1,441,830	1,441,830
J - ALL UTILITIES	41,132,330	0.9628	42,721,572	41,132,330
L1 - COMMERCIAL PERSONAL	2,839,520	N/A	2,839,520	2,839,520
L2 - INDUSTRIAL PERSONAL	314,310	N/A	314,310	314,310
M1 - MOBILE HOMES	3,287,090	N/A	3,287,090	3,287,090
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	30,780	N/A	30,780	30,780
Subtotal	244,962,840	0	253,366,853	244,962,840
Less Total Deductions	70,215,941	0	72,859,964	70,215,941
Total Taxable Value	174,746,899	0	180,506,889	174,746,899

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
183,792,919	174,746,899	183,792,919	174,746,899	191,552,919

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
9,046,020	0	7,760,000

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
183,792,919	174,746,899	183,792,919	174,746,899	191,552,919

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

039-903-02/Petrolia CISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	116,564,930	0.9579	121,687,995	116,564,930
B - MULTIFAMILY	403,580	N/A	403,580	403,580
C1 - VACANT LOTS	3,944,280	N/A	3,944,280	3,944,280
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	13,627,150	1.2005	11,351,147	13,627,150
D2 - FARM & RANCH IMP	4,336,760	N/A	4,336,760	4,336,760
E - NON-AG LAND AND IMPROVEMENTS	53,121,630	0.9305	57,089,339	53,121,630
F1 - COMMERCIAL REAL	3,893,470	N/A	3,893,470	3,893,470
F2 - INDUSTRIAL REAL	25,180	N/A	25,180	25,180
G - ALL MINERALS	1,441,830	N/A	1,441,830	1,441,830
J - ALL UTILITIES	41,132,330	0.9628	42,721,572	41,132,330
L1 - COMMERCIAL PERSONAL	2,839,520	N/A	2,839,520	2,839,520
L2 - INDUSTRIAL PERSONAL	314,310	N/A	314,310	314,310
M1 - MOBILE HOMES	3,287,090	N/A	3,287,090	3,287,090
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	30,780	N/A	30,780	30,780
Subtotal	244,962,840		253,366,853	244,962,840
Less Total Deductions	70,215,941		72,859,964	70,215,941
Total Taxable Value	174,746,899		180,506,889	174,746,899

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
183,792,919	174,746,899	183,792,919	174,746,899	191,552,919

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
9,046,020	0	7,760,000

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
183,792,919	174,746,899	183,792,919	174,746,899	191,552,919

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