taxes Property Tax Assistance

2022 ISD Summary Worksheet

127-Jones/Jones County

221-904/Merkel ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 0 N/A 0 0
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 79,310 N/A 79,310 79,310
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,646,720 0.7800 3,393,244 2,646,720
D2 - FARM & RANCH IMP 625,710 N/A 625,710 625,710
E - NON-AG LAND AND IMPROVEMENTS 49,927,760 1.0483 47,627,359 49,927,760
F1 - COMMERCIAL REAL 385,100 N/A 385,100 385,100
F2 - INDUSTRIAL REAL 68,920 N/A 68,920 68,920
G - ALL MINERALS 3,924,340 N/A 3,924,340 3,924,340
J - ALL UTILITIES 9,397,930 0.9724 9,664,675 9,397,930
L1 - COMMERCIAL PERSONAL 297,380 N/A 297,380 297,380
L2 - INDUSTRIAL PERSONAL 4,390,660 N/A 4,390,660 4,390,660
M1 - MOBILE HOMES 1,129,520 N/A 1,129,520 1,129,520
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 72,873,350 0 71,586,218 72,873,350
Less Total Deductions 16,939,064 0 16,939,064 16,939,064
Total Taxable Value 55,934,286 0 54,647,154 55,934,286

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
58,622,276 55,934,286 58,622,276 55,934,286 60,812,276


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
2,687,990 0 2,190,000


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
58,622,276 55,934,286 58,622,276 55,934,286 60,812,276

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

221-Taylor/Taylor County

221-904/Merkel ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 143,939,908 N/A 143,939,908 143,939,908
B - MULTIFAMILY 1,270,024 N/A 1,270,024 1,270,024
C1 - VACANT LOTS 6,008,441 N/A 6,008,441 6,008,441
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 10,255,003 N/A 10,255,003 10,255,003
D2 - FARM & RANCH IMP 1,263,597 N/A 1,263,597 1,263,597
E - NON-AG LAND AND IMPROVEMENTS 68,372,222 N/A 68,372,222 68,372,222
F1 - COMMERCIAL REAL 69,325,868 N/A 69,325,868 69,325,868
F2 - INDUSTRIAL REAL 48,611,156 N/A 48,611,156 48,611,156
G - ALL MINERALS 5,228,779 N/A 5,228,779 5,228,779
J - ALL UTILITIES 112,452,326 N/A 112,452,326 112,452,326
L1 - COMMERCIAL PERSONAL 56,755,321 N/A 56,755,321 56,755,321
L2 - INDUSTRIAL PERSONAL 15,594,566 N/A 15,594,566 15,594,566
M1 - MOBILE HOMES 6,435,618 N/A 6,435,618 6,435,618
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 1,563,346 N/A 1,563,346 1,563,346
Subtotal 547,076,175 0 547,076,175 547,076,175
Less Total Deductions 74,722,635 0 74,722,635 74,722,635
Total Taxable Value 472,353,540 0 472,353,540 472,353,540

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
483,416,747 472,353,540 483,416,747 472,353,540 498,746,747


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
11,063,207 0 15,330,000


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
483,416,747 472,353,540 483,416,747 472,353,540 498,746,747

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

221-904-02/Merkel ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 143,939,908 N/A 143,939,908 143,939,908
B - MULTIFAMILY 1,270,024 N/A 1,270,024 1,270,024
C1 - VACANT LOTS 6,087,751 N/A 6,087,751 6,087,751
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,901,723 0.9453 13,648,247 12,901,723
D2 - FARM & RANCH IMP 1,889,307 N/A 1,889,307 1,889,307
E - NON-AG LAND AND IMPROVEMENTS 118,299,982 1.0198 115,999,581 118,299,982
F1 - COMMERCIAL REAL 69,710,968 N/A 69,710,968 69,710,968
F2 - INDUSTRIAL REAL 48,680,076 N/A 48,680,076 48,680,076
G - ALL MINERALS 9,153,119 N/A 9,153,119 9,153,119
J - ALL UTILITIES 121,850,256 0.9978 122,117,001 121,850,256
L1 - COMMERCIAL PERSONAL 57,052,701 N/A 57,052,701 57,052,701
L2 - INDUSTRIAL PERSONAL 19,985,226 N/A 19,985,226 19,985,226
M1 - MOBILE HOMES 7,565,138 N/A 7,565,138 7,565,138
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 1,563,346 N/A 1,563,346 1,563,346
Subtotal 619,949,525 618,662,393 619,949,525
Less Total Deductions 91,661,699 91,661,699 91,661,699
Total Taxable Value 528,287,826 527,000,694 528,287,826

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
542,039,023 528,287,826 542,039,023 528,287,826 559,559,023


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
13,751,197 0 17,520,000


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
542,039,023 528,287,826 542,039,023 528,287,826 559,559,023

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