taxes Property Tax Assistance

2022 ISD Summary Worksheet

073-Falls/Falls County

073-901/Chilton ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	49,364,110	0.9497	51,978,635	49,364,110
B - MULTIFAMILY	125,140	N/A	125,140	125,140
C1 - VACANT LOTS	841,650	N/A	841,650	841,650
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	7,026,225	0.9461	7,426,687	7,026,225
D2 - FARM & RANCH IMP	4,273,390	N/A	4,273,390	4,273,390
E - NON-AG LAND AND IMPROVEMENTS	49,833,820	0.8356	59,638,368	49,833,820
F1 - COMMERCIAL REAL	4,492,690	N/A	4,492,690	4,492,690
F2 - INDUSTRIAL REAL	1,218,190	N/A	1,218,190	1,218,190
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	15,492,760	0.9173	16,889,524	15,492,760
L1 - COMMERCIAL PERSONAL	7,105,290	N/A	7,105,290	7,105,290
L2 - INDUSTRIAL PERSONAL	2,045,750	N/A	2,045,750	2,045,750
M1 - MOBILE HOMES	2,773,530	N/A	2,773,530	2,773,530
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	144,592,545	0	158,808,844	144,592,545
Less Total Deductions	37,496,125	0	39,215,593	37,496,125
Total Taxable Value	107,096,420	0	119,593,251	107,096,420

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
111,647,352	107,096,420	111,647,352	107,096,420	117,027,352

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
4,550,932	0	5,380,000

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
111,647,352	107,096,420	111,647,352	107,096,420	117,027,352

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

073-901-02/Chilton ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	49,364,110	0.9497	51,978,635	49,364,110
B - MULTIFAMILY	125,140	N/A	125,140	125,140
C1 - VACANT LOTS	841,650	N/A	841,650	841,650
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	7,026,225	0.9461	7,426,687	7,026,225
D2 - FARM & RANCH IMP	4,273,390	N/A	4,273,390	4,273,390
E - NON-AG LAND AND IMPROVEMENTS	49,833,820	0.8356	59,638,368	49,833,820
F1 - COMMERCIAL REAL	4,492,690	N/A	4,492,690	4,492,690
F2 - INDUSTRIAL REAL	1,218,190	N/A	1,218,190	1,218,190
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	15,492,760	0.9173	16,889,524	15,492,760
L1 - COMMERCIAL PERSONAL	7,105,290	N/A	7,105,290	7,105,290
L2 - INDUSTRIAL PERSONAL	2,045,750	N/A	2,045,750	2,045,750
M1 - MOBILE HOMES	2,773,530	N/A	2,773,530	2,773,530
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	144,592,545		158,808,844	144,592,545
Less Total Deductions	37,496,125		39,215,593	37,496,125
Total Taxable Value	107,096,420		119,593,251	107,096,420

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
111,647,352	107,096,420	111,647,352	107,096,420	117,027,352

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
4,550,932	0	5,380,000

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
111,647,352	107,096,420	111,647,352	107,096,420	117,027,352

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