taxes Property Tax Assistance

2022 ISD Summary Worksheet

176-Newton /Newton County

176-901/Burkeville ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	172,689,502	0.9590	180,072,473	172,689,502
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	15,819,576	N/A	15,819,576	15,819,576
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	45,427,463	1.0310	44,062,370	45,427,463
D2 - FARM & RANCH IMP	582,884	N/A	582,884	582,884
E - NON-AG LAND AND IMPROVEMENTS	68,916,192	0.9619	71,645,901	68,916,192
F1 - COMMERCIAL REAL	7,228,436	N/A	7,228,436	7,228,436
F2 - INDUSTRIAL REAL	1,073,680	N/A	1,073,680	1,073,680
G - ALL MINERALS	17,602,790	N/A	17,602,790	17,602,790
J - ALL UTILITIES	13,084,865	N/A	13,084,865	13,084,865
L1 - COMMERCIAL PERSONAL	695,080	N/A	695,080	695,080
L2 - INDUSTRIAL PERSONAL	2,113,490	N/A	2,113,490	2,113,490
M1 - MOBILE HOMES	8,108,230	N/A	8,108,230	8,108,230
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	353,342,188	0	362,089,775	353,342,188
Less Total Deductions	63,792,627	0	66,536,832	63,792,627
Total Taxable Value	289,549,561	0	295,552,943	289,549,561

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
296,001,285	289,549,561	287,198,722	280,746,998	303,381,285

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
6,451,724	8,802,563	7,380,000

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
296,001,285	289,549,561	287,198,722	280,746,998	303,381,285

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

176-901-02/Burkeville ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	172,689,502	0.9590	180,072,473	172,689,502
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	15,819,576	N/A	15,819,576	15,819,576
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	45,427,463	1.0310	44,062,370	45,427,463
D2 - FARM & RANCH IMP	582,884	N/A	582,884	582,884
E - NON-AG LAND AND IMPROVEMENTS	68,916,192	0.9619	71,645,901	68,916,192
F1 - COMMERCIAL REAL	7,228,436	N/A	7,228,436	7,228,436
F2 - INDUSTRIAL REAL	1,073,680	N/A	1,073,680	1,073,680
G - ALL MINERALS	17,602,790	N/A	17,602,790	17,602,790
J - ALL UTILITIES	13,084,865	N/A	13,084,865	13,084,865
L1 - COMMERCIAL PERSONAL	695,080	N/A	695,080	695,080
L2 - INDUSTRIAL PERSONAL	2,113,490	N/A	2,113,490	2,113,490
M1 - MOBILE HOMES	8,108,230	N/A	8,108,230	8,108,230
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	353,342,188		362,089,775	353,342,188
Less Total Deductions	63,792,627		66,536,832	63,792,627
Total Taxable Value	289,549,561		295,552,943	289,549,561

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
296,001,285	289,549,561	287,198,722	280,746,998	303,381,285

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
6,451,724	8,802,563	7,380,000

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
296,001,285	289,549,561	287,198,722	280,746,998	303,381,285

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