taxes Property Tax Assistance

2023 ISD Summary Worksheet

McLeod ISD (all splits)   Cass County  

034-Cass/Cass County

034-906/McLeod ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 7,695,600 0.9247 8,322,267 7,695,600
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 90,440 N/A 90,440 90,440
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,212,301 1.0330 4,077,824 4,212,301
D2 - FARM & RANCH IMP 833,060 N/A 833,060 833,060
E - NON-AG LAND AND IMPROVEMENTS 37,495,816 0.9715 38,595,796 37,495,816
F1 - COMMERCIAL REAL 434,913 N/A 434,913 434,913
F2 - INDUSTRIAL REAL 29,930 N/A 29,930 29,930
G - ALL MINERALS 5,412,269 1.0171 5,321,275 5,412,269
J - ALL UTILITIES 1,155,810 N/A 1,155,810 1,155,810
L1 - COMMERCIAL PERSONAL 717,100 N/A 717,100 717,100
L2 - INDUSTRIAL PERSONAL 203,980 N/A 203,980 203,980
M1 - MOBILE HOMES 3,043,850 N/A 3,043,850 3,043,850
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 61,325,069 0 62,826,245 61,325,069
Less Total Deductions 19,970,815 0 20,769,457 19,970,815
Total Taxable Value 41,354,254 0 42,056,788 41,354,254

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

Measure Value Description
T1 49,050,194 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 41,354,254 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 49,050,194 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 41,354,254 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 52,230,194 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 54,350,194 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 42,717,822 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 49,050,194 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 41,354,254 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 49,050,194 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 41,354,254 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 52,230,194 T13 plus the loss to the chapter 313 agreement
T16 54,350,194 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 42,717,822 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 7,695,940 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 3,180,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 2,120,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED


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034-906-02/McLeod ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 7,695,600 0.9247 8,322,267 7,695,600
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 90,440 N/A 90,440 90,440
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,212,301 1.0330 4,077,824 4,212,301
D2 - FARM & RANCH IMP 833,060 N/A 833,060 833,060
E - NON-AG LAND AND IMPROVEMENTS 37,495,816 0.9715 38,595,796 37,495,816
F1 - COMMERCIAL REAL 434,913 N/A 434,913 434,913
F2 - INDUSTRIAL REAL 29,930 N/A 29,930 29,930
G - ALL MINERALS 5,412,269 1.0171 5,321,275 5,412,269
J - ALL UTILITIES 1,155,810 N/A 1,155,810 1,155,810
L1 - COMMERCIAL PERSONAL 717,100 N/A 717,100 717,100
L2 - INDUSTRIAL PERSONAL 203,980 N/A 203,980 203,980
M1 - MOBILE HOMES 3,043,850 N/A 3,043,850 3,043,850
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 61,325,069 62,826,245 61,325,069
Less Total Deductions 19,970,815 20,769,457 19,970,815
Total Taxable Value 41,354,254 42,056,788 41,354,254

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

Measure Value Description
T1 49,050,194 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 41,354,254 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 49,050,194 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 41,354,254 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 52,230,194 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 54,350,194 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 42,717,822 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 49,050,194 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 41,354,254 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 49,050,194 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 41,354,254 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 52,230,194 T13 plus the loss to the chapter 313 agreement
T16 54,350,194 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 42,717,822 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 7,695,940 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 3,180,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 2,120,000 Loss to Second Previous Homestead Increase

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