taxes Property Tax Assistance

2023 ISD Summary Worksheet

154-Madison/Madison County

154-903/North Zulch ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 55,020,040 N/A 55,020,040 55,020,040
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 6,175,620 N/A 6,175,620 6,175,620
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,026,540 N/A 3,026,540 3,026,540
D2 - FARM & RANCH IMP 5,941,640 N/A 5,941,640 5,941,640
E - NON-AG LAND AND IMPROVEMENTS 126,652,570 N/A 126,652,570 126,652,570
F1 - COMMERCIAL REAL 5,352,780 N/A 5,352,780 5,352,780
F2 - INDUSTRIAL REAL 235,610 N/A 235,610 235,610
G - ALL MINERALS 111,656,770 N/A 111,656,770 111,656,770
J - ALL UTILITIES 44,327,070 N/A 44,327,070 44,327,070
L1 - COMMERCIAL PERSONAL 1,222,580 N/A 1,222,580 1,222,580
L2 - INDUSTRIAL PERSONAL 3,300,000 N/A 3,300,000 3,300,000
M1 - MOBILE HOMES 6,452,810 N/A 6,452,810 6,452,810
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 369,364,030 0 369,364,030 369,364,030
Less Total Deductions 85,200,618 0 85,200,618 85,200,618
Total Taxable Value 284,163,412 0 284,163,412 284,163,412

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 307,086,964 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 284,163,412 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 307,086,964 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 284,163,412 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 315,876,964 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 321,736,964 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 290,088,115 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 307,086,964 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 284,163,412 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 307,086,964 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 284,163,412 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 315,876,964 T13 plus the loss to the chapter 313 agreement
T16 321,736,964 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 290,088,115 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 22,923,552 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 8,790,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 5,860,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

154-903-02/North Zulch ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 55,020,040 N/A 55,020,040 55,020,040
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 6,175,620 N/A 6,175,620 6,175,620
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,026,540 N/A 3,026,540 3,026,540
D2 - FARM & RANCH IMP 5,941,640 N/A 5,941,640 5,941,640
E - NON-AG LAND AND IMPROVEMENTS 126,652,570 N/A 126,652,570 126,652,570
F1 - COMMERCIAL REAL 5,352,780 N/A 5,352,780 5,352,780
F2 - INDUSTRIAL REAL 235,610 N/A 235,610 235,610
G - ALL MINERALS 111,656,770 N/A 111,656,770 111,656,770
J - ALL UTILITIES 44,327,070 N/A 44,327,070 44,327,070
L1 - COMMERCIAL PERSONAL 1,222,580 N/A 1,222,580 1,222,580
L2 - INDUSTRIAL PERSONAL 3,300,000 N/A 3,300,000 3,300,000
M1 - MOBILE HOMES 6,452,810 N/A 6,452,810 6,452,810
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 369,364,030 369,364,030 369,364,030
Less Total Deductions 85,200,618 85,200,618 85,200,618
Total Taxable Value 284,163,412 284,163,412 284,163,412

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 307,086,964 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 284,163,412 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 307,086,964 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 284,163,412 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 315,876,964 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 321,736,964 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 290,088,115 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 307,086,964 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 284,163,412 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 307,086,964 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 284,163,412 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 315,876,964 T13 plus the loss to the chapter 313 agreement
T16 321,736,964 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 290,088,115 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 22,923,552 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 8,790,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 5,860,000 Loss to Second Previous Homestead Increase