taxes Property Tax Assistance

2022 ISD Summary Worksheet

093-Grimes /Grimes County

154-901/Madisonville CISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 64,412,390 0.8007 80,445,098 64,412,390
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 5,523,580 N/A 5,523,580 5,523,580
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,755,541 1.1009 3,411,451 3,755,541
D2 - FARM & RANCH IMP 4,771,511 N/A 4,771,511 4,771,511
E - NON-AG LAND AND IMPROVEMENTS 85,692,450 0.9259 92,550,437 85,692,450
F1 - COMMERCIAL REAL 6,806,453 N/A 6,806,453 6,806,453
F2 - INDUSTRIAL REAL 361,308 N/A 361,308 361,308
G - ALL MINERALS 3,381,999 N/A 3,381,999 3,381,999
J - ALL UTILITIES 44,925,951 0.8076 55,628,964 44,925,951
L1 - COMMERCIAL PERSONAL 2,931,332 N/A 2,931,332 2,931,332
L2 - INDUSTRIAL PERSONAL 52,000 N/A 52,000 52,000
M1 - MOBILE HOMES 7,823,410 N/A 7,823,410 7,823,410
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 230,437,925 0 263,687,543 230,437,925
Less Total Deductions 39,001,754 0 49,611,580 39,001,754
Total Taxable Value 191,436,171 0 214,075,963 191,436,171

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
197,107,299 191,436,171 197,107,299 191,436,171 202,187,299


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
5,671,128 0 5,080,000


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
197,107,299 191,436,171 197,107,299 191,436,171 202,187,299

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

154-Madison /Madison County

154-901/Madisonville CISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 267,787,790 0.9818 272,751,874 267,787,790
B - MULTIFAMILY 5,941,530 N/A 5,941,530 5,941,530
C1 - VACANT LOTS 22,600,185 N/A 22,600,185 22,600,185
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,357,022 1.1148 11,084,168 12,357,022
D2 - FARM & RANCH IMP 18,278,161 N/A 18,278,161 18,278,161
E - NON-AG LAND AND IMPROVEMENTS 381,785,905 0.9977 382,666,037 381,785,905
F1 - COMMERCIAL REAL 117,784,910 0.9398 125,329,762 117,784,910
F2 - INDUSTRIAL REAL 20,307,400 N/A 20,307,400 20,307,400
G - ALL MINERALS 37,526,746 N/A 37,526,746 37,526,746
J - ALL UTILITIES 170,161,700 0.9060 187,816,446 170,161,700
L1 - COMMERCIAL PERSONAL 23,677,350 N/A 23,677,350 23,677,350
L2 - INDUSTRIAL PERSONAL 46,993,420 N/A 46,993,420 46,993,420
M1 - MOBILE HOMES 18,446,660 N/A 18,446,660 18,446,660
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 8,487,650 N/A 8,487,650 8,487,650
Subtotal 1,152,136,429 0 1,181,907,389 1,152,136,429
Less Total Deductions 219,696,443 0 223,832,370 219,696,443
Total Taxable Value 932,439,986 0 958,075,019 932,439,986

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
956,752,913 932,439,986 956,752,913 932,439,986 977,852,913


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
24,312,927 0 21,100,000


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
956,752,913 932,439,986 956,752,913 932,439,986 977,852,913

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

154-901-02/Madisonville CISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 332,200,180 0.9406 353,196,972 332,200,180
B - MULTIFAMILY 5,941,530 N/A 5,941,530 5,941,530
C1 - VACANT LOTS 28,123,765 N/A 28,123,765 28,123,765
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 16,112,563 1.1115 14,495,619 16,112,563
D2 - FARM & RANCH IMP 23,049,672 N/A 23,049,672 23,049,672
E - NON-AG LAND AND IMPROVEMENTS 467,478,355 0.9837 475,216,474 467,478,355
F1 - COMMERCIAL REAL 124,591,363 0.9429 132,136,215 124,591,363
F2 - INDUSTRIAL REAL 20,668,708 N/A 20,668,708 20,668,708
G - ALL MINERALS 40,908,745 N/A 40,908,745 40,908,745
J - ALL UTILITIES 215,087,651 0.8835 243,445,410 215,087,651
L1 - COMMERCIAL PERSONAL 26,608,682 N/A 26,608,682 26,608,682
L2 - INDUSTRIAL PERSONAL 47,045,420 N/A 47,045,420 47,045,420
M1 - MOBILE HOMES 26,270,070 N/A 26,270,070 26,270,070
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 8,487,650 N/A 8,487,650 8,487,650
Subtotal 1,382,574,354 1,445,594,932 1,382,574,354
Less Total Deductions 258,698,197 273,443,950 258,698,197
Total Taxable Value 1,123,876,157 1,172,150,982 1,123,876,157

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
1,153,860,212 1,123,876,157 1,153,860,212 1,123,876,157 1,180,040,212


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
29,984,055 0 26,180,000


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
1,153,860,212 1,123,876,157 1,153,860,212 1,123,876,157 1,180,040,212

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