taxes Property Tax Assistance

2023 ISD Summary Worksheet

037-Cherokee/Cherokee County

037-901/Alto ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 65,927,680 0.8845 74,536,665 65,927,680
B - MULTIFAMILY 95,840 N/A 95,840 95,840
C1 - VACANT LOTS 2,967,883 N/A 2,967,883 2,967,883
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 13,804,321 1.1353 12,159,337 13,804,321
D2 - FARM & RANCH IMP 4,300,940 N/A 4,300,940 4,300,940
E - NON-AG LAND AND IMPROVEMENTS 128,743,010 1.0139 126,978,016 128,743,010
F1 - COMMERCIAL REAL 13,687,930 0.8259 16,573,350 13,687,930
F2 - INDUSTRIAL REAL 1,937,690 N/A 1,937,690 1,937,690
G - ALL MINERALS 18,991,297 1.0590 17,933,236 18,991,297
J - ALL UTILITIES 15,659,580 1.0484 14,936,646 15,659,580
L1 - COMMERCIAL PERSONAL 6,877,730 N/A 6,877,730 6,877,730
L2 - INDUSTRIAL PERSONAL 6,187,890 N/A 6,187,890 6,187,890
M1 - MOBILE HOMES 8,613,110 N/A 8,613,110 8,613,110
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 1,922,280 N/A 1,922,280 1,922,280
Subtotal 289,717,181 0 296,020,613 289,717,181
Less Total Deductions 88,198,474 0 97,216,762 88,198,474
Total Taxable Value 201,518,707 0 198,803,851 201,518,707

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 226,722,319 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 201,518,707 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 226,722,319 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 201,518,707 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 238,737,319 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 246,747,319 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 207,367,112 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 226,722,319 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 201,518,707 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 226,722,319 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 201,518,707 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 238,737,319 T13 plus the loss to the chapter 313 agreement
T16 246,747,319 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 207,367,112 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 25,203,612 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 12,015,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 8,010,000 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

037-901-02/Alto ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 65,927,680 0.8845 74,536,665 65,927,680
B - MULTIFAMILY 95,840 N/A 95,840 95,840
C1 - VACANT LOTS 2,967,883 N/A 2,967,883 2,967,883
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 13,804,321 1.1353 12,159,337 13,804,321
D2 - FARM & RANCH IMP 4,300,940 N/A 4,300,940 4,300,940
E - NON-AG LAND AND IMPROVEMENTS 128,743,010 1.0139 126,978,016 128,743,010
F1 - COMMERCIAL REAL 13,687,930 0.8259 16,573,350 13,687,930
F2 - INDUSTRIAL REAL 1,937,690 N/A 1,937,690 1,937,690
G - ALL MINERALS 18,991,297 1.0590 17,933,236 18,991,297
J - ALL UTILITIES 15,659,580 1.0484 14,936,646 15,659,580
L1 - COMMERCIAL PERSONAL 6,877,730 N/A 6,877,730 6,877,730
L2 - INDUSTRIAL PERSONAL 6,187,890 N/A 6,187,890 6,187,890
M1 - MOBILE HOMES 8,613,110 N/A 8,613,110 8,613,110
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 1,922,280 N/A 1,922,280 1,922,280
Subtotal 289,717,181 296,020,613 289,717,181
Less Total Deductions 88,198,474 97,216,762 88,198,474
Total Taxable Value 201,518,707 198,803,851 201,518,707

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 226,722,319 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 201,518,707 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 226,722,319 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 201,518,707 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 238,737,319 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 246,747,319 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 207,367,112 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 226,722,319 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 201,518,707 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 226,722,319 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 201,518,707 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 238,737,319 T13 plus the loss to the chapter 313 agreement
T16 246,747,319 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 207,367,112 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 25,203,612 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 12,015,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 8,010,000 Loss to Second Previous Homestead Increase