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