taxes Property Tax Assistance

2022 ISD Summary Worksheet

Red Oak ISD (all splits)   Ellis County  

070-Ellis/Ellis County

070-911/Red Oak ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 3,346,059,941 0.9270 3,609,557,649 3,346,059,941
B - MULTIFAMILY 136,954,870 N/A 136,954,870 136,954,870
C1 - VACANT LOTS 66,301,142 N/A 66,301,142 66,301,142
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,280,615 2.4180 529,613 1,280,615
D2 - FARM & RANCH IMP 1,939,029 N/A 1,939,029 1,939,029
E - NON-AG LAND AND IMPROVEMENTS 121,988,674 N/A 121,988,674 121,988,674
F1 - COMMERCIAL REAL 277,982,718 1.0310 269,624,363 277,982,718
F2 - INDUSTRIAL REAL 86,558,281 N/A 86,558,281 86,558,281
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 36,343,488 N/A 36,343,488 36,343,488
L1 - COMMERCIAL PERSONAL 46,653,157 N/A 46,653,157 46,653,157
L2 - INDUSTRIAL PERSONAL 155,188,249 N/A 155,188,249 155,188,249
M1 - MOBILE HOMES 14,496,915 N/A 14,496,915 14,496,915
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 53,500,741 N/A 53,500,741 53,500,741
S - SPECIAL INVENTORY 209,423 N/A 209,423 209,423
Subtotal 4,345,457,243 0 4,599,845,594 4,345,457,243
Less Total Deductions 1,066,952,200 0 1,142,528,537 1,066,952,200
Total Taxable Value 3,278,505,043 0 3,457,317,057 3,278,505,043

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's office 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 school 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

Measure Value Description
T1 3,390,748,350 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 3,278,505,043 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 3,390,748,350 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 3,278,505,043 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 3,471,448,350 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 3,390,748,350 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 3,278,505,043 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 3,390,748,350 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 3,278,505,043 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 3,471,448,350 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 112,243,307 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 80,700,000 Loss to the second most recent increase in the state-mandated homestead exemption

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


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070-911-02/Red Oak ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 3,346,059,941 0.9270 3,609,557,649 3,346,059,941
B - MULTIFAMILY 136,954,870 N/A 136,954,870 136,954,870
C1 - VACANT LOTS 66,301,142 N/A 66,301,142 66,301,142
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,280,615 2.4180 529,613 1,280,615
D2 - FARM & RANCH IMP 1,939,029 N/A 1,939,029 1,939,029
E - NON-AG LAND AND IMPROVEMENTS 121,988,674 N/A 121,988,674 121,988,674
F1 - COMMERCIAL REAL 277,982,718 1.0310 269,624,363 277,982,718
F2 - INDUSTRIAL REAL 86,558,281 N/A 86,558,281 86,558,281
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 36,343,488 N/A 36,343,488 36,343,488
L1 - COMMERCIAL PERSONAL 46,653,157 N/A 46,653,157 46,653,157
L2 - INDUSTRIAL PERSONAL 155,188,249 N/A 155,188,249 155,188,249
M1 - MOBILE HOMES 14,496,915 N/A 14,496,915 14,496,915
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 53,500,741 N/A 53,500,741 53,500,741
S - SPECIAL INVENTORY 209,423 N/A 209,423 209,423
Subtotal 4,345,457,243 4,599,845,594 4,345,457,243
Less Total Deductions 1,066,952,200 1,142,528,537 1,066,952,200
Total Taxable Value 3,278,505,043 3,457,317,057 3,278,505,043

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's office 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 school 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

Measure Value Description
T1 3,390,748,350 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 3,278,505,043 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 3,390,748,350 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 3,278,505,043 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 3,471,448,350 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 3,390,748,350 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 3,278,505,043 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 3,390,748,350 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 3,278,505,043 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 3,471,448,350 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 112,243,307 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 80,700,000 Loss to the second most recent increase in the state-mandated homestead exemption

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