taxes Property Tax Assistance

2022 ISD Summary Worksheet

216-Sterling /Sterling County

216-901/Sterling City ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	22,359,989	N/A	22,359,989	22,359,989
B - MULTIFAMILY	571,780	N/A	571,780	571,780
C1 - VACANT LOTS	1,483,080	N/A	1,483,080	1,483,080
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	4,816,823	N/A	4,816,823	4,816,823
D2 - FARM & RANCH IMP	7,381,220	N/A	7,381,220	7,381,220
E - NON-AG LAND AND IMPROVEMENTS	12,496,106	N/A	12,496,106	12,496,106
F1 - COMMERCIAL REAL	4,147,053	N/A	4,147,053	4,147,053
F2 - INDUSTRIAL REAL	564,821,970	N/A	564,821,970	564,821,970
G - ALL MINERALS	106,712,730	N/A	106,712,730	106,712,730
J - ALL UTILITIES	243,176,340	N/A	243,176,340	243,176,340
L1 - COMMERCIAL PERSONAL	1,747,314	N/A	1,747,314	1,747,314
L2 - INDUSTRIAL PERSONAL	20,566,860	N/A	20,566,860	20,566,860
M1 - MOBILE HOMES	636,062	N/A	636,062	636,062
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	990,917,327	0	990,917,327	990,917,327
Less Total Deductions	75,688,735	0	75,688,735	75,688,735
Total Taxable Value	915,228,592	0	915,228,592	915,228,592

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
917,596,531	915,228,592	917,596,531	915,228,592	920,696,531

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
2,367,939	0	3,100,000

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
980,191,375	977,823,436	980,191,375	977,823,436	983,291,375

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

216-901-02/Sterling City ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	22,359,989	N/A	22,359,989	22,359,989
B - MULTIFAMILY	571,780	N/A	571,780	571,780
C1 - VACANT LOTS	1,483,080	N/A	1,483,080	1,483,080
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	4,816,823	N/A	4,816,823	4,816,823
D2 - FARM & RANCH IMP	7,381,220	N/A	7,381,220	7,381,220
E - NON-AG LAND AND IMPROVEMENTS	12,496,106	N/A	12,496,106	12,496,106
F1 - COMMERCIAL REAL	4,147,053	N/A	4,147,053	4,147,053
F2 - INDUSTRIAL REAL	564,821,970	N/A	564,821,970	564,821,970
G - ALL MINERALS	106,712,730	N/A	106,712,730	106,712,730
J - ALL UTILITIES	243,176,340	N/A	243,176,340	243,176,340
L1 - COMMERCIAL PERSONAL	1,747,314	N/A	1,747,314	1,747,314
L2 - INDUSTRIAL PERSONAL	20,566,860	N/A	20,566,860	20,566,860
M1 - MOBILE HOMES	636,062	N/A	636,062	636,062
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	990,917,327		990,917,327	990,917,327
Less Total Deductions	75,688,735		75,688,735	75,688,735
Total Taxable Value	915,228,592		915,228,592	915,228,592

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
917,596,531	915,228,592	917,596,531	915,228,592	920,696,531

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
2,367,939	0	3,100,000

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
980,191,375	977,823,436	980,191,375	977,823,436	983,291,375

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