taxes Property Tax Assistance

2022 ISD Summary Worksheet

161-McLennan /McLennan County

161-921/Connally ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	752,272,064	0.9385	801,568,529	752,272,064
B - MULTIFAMILY	74,997,311	0.8930	83,983,551	74,997,311
C1 - VACANT LOTS	23,249,894	N/A	23,249,894	23,249,894
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	1,374,460	1.2114	1,134,607	1,374,460
D2 - FARM & RANCH IMP	3,644,178	N/A	3,644,178	3,644,178
E - NON-AG LAND AND IMPROVEMENTS	101,496,641	0.8583	118,253,106	101,496,641
F1 - COMMERCIAL REAL	84,884,512	0.9249	91,776,962	84,884,512
F2 - INDUSTRIAL REAL	49,380,680	N/A	49,380,680	49,380,680
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	32,735,406	N/A	32,735,406	32,735,406
L1 - COMMERCIAL PERSONAL	52,107,190	0.9542	54,608,248	52,107,190
L2 - INDUSTRIAL PERSONAL	142,635,800	N/A	142,635,800	142,635,800
M1 - MOBILE HOMES	7,794,855	N/A	7,794,855	7,794,855
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	1,362,470	N/A	1,362,470	1,362,470
S - SPECIAL INVENTORY	6,863,950	N/A	6,863,950	6,863,950
Subtotal	1,334,799,411	0	1,418,992,236	1,334,799,411
Less Total Deductions	291,774,923	0	312,916,551	291,774,923
Total Taxable Value	1,043,024,488	0	1,106,075,685	1,043,024,488

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
1,077,658,797	1,043,024,488	1,077,658,797	1,043,024,488	1,102,528,797

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
34,634,309	0	24,870,000

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
1,077,658,797	1,043,024,488	1,077,658,797	1,043,024,488	1,102,528,797

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

161-921-02/Connally ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	752,272,064	0.9385	801,568,529	752,272,064
B - MULTIFAMILY	74,997,311	0.8930	83,983,551	74,997,311
C1 - VACANT LOTS	23,249,894	N/A	23,249,894	23,249,894
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	1,374,460	1.2114	1,134,607	1,374,460
D2 - FARM & RANCH IMP	3,644,178	N/A	3,644,178	3,644,178
E - NON-AG LAND AND IMPROVEMENTS	101,496,641	0.8583	118,253,106	101,496,641
F1 - COMMERCIAL REAL	84,884,512	0.9249	91,776,962	84,884,512
F2 - INDUSTRIAL REAL	49,380,680	N/A	49,380,680	49,380,680
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	32,735,406	N/A	32,735,406	32,735,406
L1 - COMMERCIAL PERSONAL	52,107,190	0.9542	54,608,248	52,107,190
L2 - INDUSTRIAL PERSONAL	142,635,800	N/A	142,635,800	142,635,800
M1 - MOBILE HOMES	7,794,855	N/A	7,794,855	7,794,855
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	1,362,470	N/A	1,362,470	1,362,470
S - SPECIAL INVENTORY	6,863,950	N/A	6,863,950	6,863,950
Subtotal	1,334,799,411		1,418,992,236	1,334,799,411
Less Total Deductions	291,774,923		312,916,551	291,774,923
Total Taxable Value	1,043,024,488		1,106,075,685	1,043,024,488

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
1,077,658,797	1,043,024,488	1,077,658,797	1,043,024,488	1,102,528,797

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
34,634,309	0	24,870,000

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
1,077,658,797	1,043,024,488	1,077,658,797	1,043,024,488	1,102,528,797

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