taxes Property Tax Assistance

2022 ISD Summary Worksheet

154-Madison/Madison County

154-903/North Zulch ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 48,467,120 0.9515 50,937,593 48,467,120
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 5,120,540 N/A 5,120,540 5,120,540
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,997,880 1.1528 2,600,451 2,997,880
D2 - FARM & RANCH IMP 5,624,790 N/A 5,624,790 5,624,790
E - NON-AG LAND AND IMPROVEMENTS 115,207,260 0.9129 126,199,211 115,207,260
F1 - COMMERCIAL REAL 4,570,040 N/A 4,570,040 4,570,040
F2 - INDUSTRIAL REAL 280,540 N/A 280,540 280,540
G - ALL MINERALS 119,566,363 1.0091 118,488,121 119,566,363
J - ALL UTILITIES 45,149,970 0.9204 49,054,726 45,149,970
L1 - COMMERCIAL PERSONAL 1,140,900 N/A 1,140,900 1,140,900
L2 - INDUSTRIAL PERSONAL 3,039,410 N/A 3,039,410 3,039,410
M1 - MOBILE HOMES 5,241,240 N/A 5,241,240 5,241,240
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 356,406,053 0 372,297,562 356,406,053
Less Total Deductions 55,250,184 0 58,205,325 55,250,184
Total Taxable Value 301,155,869 0 314,092,237 301,155,869

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
307,310,545 301,155,869 307,310,545 301,155,869 313,020,545


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
6,154,676 0 5,710,000


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
307,310,545 301,155,869 307,310,545 301,155,869 313,020,545

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

154-903-02/North Zulch ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 48,467,120 0.9515 50,937,593 48,467,120
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 5,120,540 N/A 5,120,540 5,120,540
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,997,880 1.1528 2,600,451 2,997,880
D2 - FARM & RANCH IMP 5,624,790 N/A 5,624,790 5,624,790
E - NON-AG LAND AND IMPROVEMENTS 115,207,260 0.9129 126,199,211 115,207,260
F1 - COMMERCIAL REAL 4,570,040 N/A 4,570,040 4,570,040
F2 - INDUSTRIAL REAL 280,540 N/A 280,540 280,540
G - ALL MINERALS 119,566,363 1.0091 118,488,121 119,566,363
J - ALL UTILITIES 45,149,970 0.9204 49,054,726 45,149,970
L1 - COMMERCIAL PERSONAL 1,140,900 N/A 1,140,900 1,140,900
L2 - INDUSTRIAL PERSONAL 3,039,410 N/A 3,039,410 3,039,410
M1 - MOBILE HOMES 5,241,240 N/A 5,241,240 5,241,240
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 356,406,053 372,297,562 356,406,053
Less Total Deductions 55,250,184 58,205,325 55,250,184
Total Taxable Value 301,155,869 314,092,237 301,155,869

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
307,310,545 301,155,869 307,310,545 301,155,869 313,020,545


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
6,154,676 0 5,710,000


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
307,310,545 301,155,869 307,310,545 301,155,869 313,020,545

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