taxes Property Tax Assistance

2022 ISD Summary Worksheet

187-Polk/Polk County

187-906/Leggett ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	36,824,385	N/A	36,824,385	36,824,385
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	4,246,350	N/A	4,246,350	4,246,350
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	11,520,469	N/A	11,520,469	11,520,469
D2 - FARM & RANCH IMP	627,979	N/A	627,979	627,979
E - NON-AG LAND AND IMPROVEMENTS	34,825,449	N/A	34,825,449	34,825,449
F1 - COMMERCIAL REAL	2,519,589	N/A	2,519,589	2,519,589
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	12,575,296	N/A	12,575,296	12,575,296
J - ALL UTILITIES	25,531,854	N/A	25,531,854	25,531,854
L1 - COMMERCIAL PERSONAL	2,550,258	N/A	2,550,258	2,550,258
L2 - INDUSTRIAL PERSONAL	0	N/A	0	0
M1 - MOBILE HOMES	6,052,132	N/A	6,052,132	6,052,132
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	137,273,761	0	137,273,761	137,273,761
Less Total Deductions	23,193,017	0	23,193,017	23,193,017
Total Taxable Value	114,080,744	0	114,080,744	114,080,744

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
117,360,714	114,080,744	117,360,714	114,080,744	120,810,714

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
3,279,970	0	3,450,000

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
117,360,714	114,080,744	117,360,714	114,080,744	120,810,714

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

187-906-02/Leggett ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	36,824,385	N/A	36,824,385	36,824,385
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	4,246,350	N/A	4,246,350	4,246,350
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	11,520,469	N/A	11,520,469	11,520,469
D2 - FARM & RANCH IMP	627,979	N/A	627,979	627,979
E - NON-AG LAND AND IMPROVEMENTS	34,825,449	N/A	34,825,449	34,825,449
F1 - COMMERCIAL REAL	2,519,589	N/A	2,519,589	2,519,589
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	12,575,296	N/A	12,575,296	12,575,296
J - ALL UTILITIES	25,531,854	N/A	25,531,854	25,531,854
L1 - COMMERCIAL PERSONAL	2,550,258	N/A	2,550,258	2,550,258
L2 - INDUSTRIAL PERSONAL	0	N/A	0	0
M1 - MOBILE HOMES	6,052,132	N/A	6,052,132	6,052,132
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	137,273,761		137,273,761	137,273,761
Less Total Deductions	23,193,017		23,193,017	23,193,017
Total Taxable Value	114,080,744		114,080,744	114,080,744

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
117,360,714	114,080,744	117,360,714	114,080,744	120,810,714

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
3,279,970	0	3,450,000

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
117,360,714	114,080,744	117,360,714	114,080,744	120,810,714

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