taxes Property Tax Assistance

2022 ISD Summary Worksheet

138-Knox/Knox County

138-904/Benjamin ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	3,639,710	N/A	3,639,710	3,639,710
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	365,380	N/A	365,380	365,380
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	14,234,710	N/A	14,234,710	14,234,710
D2 - FARM & RANCH IMP	520,400	N/A	520,400	520,400
E - NON-AG LAND AND IMPROVEMENTS	4,852,360	N/A	4,852,360	4,852,360
F1 - COMMERCIAL REAL	641,820	N/A	641,820	641,820
F2 - INDUSTRIAL REAL	464,020,240	N/A	464,020,240	464,020,240
G - ALL MINERALS	3,156,730	N/A	3,156,730	3,156,730
J - ALL UTILITIES	63,824,800	N/A	63,824,800	63,824,800
L1 - COMMERCIAL PERSONAL	287,400	N/A	287,400	287,400
L2 - INDUSTRIAL PERSONAL	9,210,950	N/A	9,210,950	9,210,950
M1 - MOBILE HOMES	0	N/A	0	0
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	564,754,500	0	564,754,500	564,754,500
Less Total Deductions	2,868,075	0	2,868,075	2,868,075
Total Taxable Value	561,886,425	0	561,886,425	561,886,425

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
562,456,865	561,886,425	562,456,865	561,886,425	563,216,865

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
570,440	0	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
562,456,865	561,886,425	562,456,865	561,886,425	563,216,865

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

138-904-02/Benjamin ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	3,639,710	N/A	3,639,710	3,639,710
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	365,380	N/A	365,380	365,380
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	14,234,710	N/A	14,234,710	14,234,710
D2 - FARM & RANCH IMP	520,400	N/A	520,400	520,400
E - NON-AG LAND AND IMPROVEMENTS	4,852,360	N/A	4,852,360	4,852,360
F1 - COMMERCIAL REAL	641,820	N/A	641,820	641,820
F2 - INDUSTRIAL REAL	464,020,240	N/A	464,020,240	464,020,240
G - ALL MINERALS	3,156,730	N/A	3,156,730	3,156,730
J - ALL UTILITIES	63,824,800	N/A	63,824,800	63,824,800
L1 - COMMERCIAL PERSONAL	287,400	N/A	287,400	287,400
L2 - INDUSTRIAL PERSONAL	9,210,950	N/A	9,210,950	9,210,950
M1 - MOBILE HOMES	0	N/A	0	0
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	564,754,500		564,754,500	564,754,500
Less Total Deductions	2,868,075		2,868,075	2,868,075
Total Taxable Value	561,886,425		561,886,425	561,886,425

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
562,456,865	561,886,425	562,456,865	561,886,425	563,216,865

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
570,440	0	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
562,456,865	561,886,425	562,456,865	561,886,425	563,216,865

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