taxes Property Tax Assistance

2024 ISD Summary Worksheet

Menard ISD (all splits)   Menard County  

164-Menard/Menard County

164-901/Menard ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 52,283,330 0.9413 55,543,748 55,543,748
B - MULTIFAMILY 542,880 N/A 542,880 542,880
C1 - VACANT LOTS 1,492,610 N/A 1,492,610 1,492,610
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 30,632,806 1.0570 28,979,620 28,979,620
D2 - FARM & RANCH IMP 50,718,420 N/A 50,718,420 50,718,420
E - NON-AG LAND AND IMPROVEMENTS 87,389,790 0.8174 106,911,904 106,911,904
F1 - COMMERCIAL REAL 10,462,370 N/A 10,462,370 10,462,370
F2 - INDUSTRIAL REAL 4,086,520 N/A 4,086,520 4,086,520
G - ALL MINERALS 9,898,360 N/A 9,898,360 9,898,360
J - ALL UTILITIES 71,432,960 0.9488 75,287,690 75,287,690
L1 - COMMERCIAL PERSONAL 4,357,610 N/A 4,357,610 4,357,610
L2 - INDUSTRIAL PERSONAL 1,770,700 N/A 1,770,700 1,770,700
M1 - MOBILE HOMES 1,857,390 N/A 1,857,390 1,857,390
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 326,925,746 0 351,909,822 351,909,822
Less Total Deductions 58,917,106 0 60,499,350 60,499,350
Total Taxable Value 268,008,640 0 291,410,472 291,410,472

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's office 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 school 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 307,649,189 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 291,410,472 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 307,649,189 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 291,410,472 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 316,424,189 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 322,274,189 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 293,300,124 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 307,649,189 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 291,410,472 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 307,649,189 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 291,410,472 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 316,424,189 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 322,274,189 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 293,300,124 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 16,238,717 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 8,775,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 5,850,000 Loss to the third most recent increase in the state-mandated homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT WAS NOT VALID IN THE LAST TWO STUDIES.


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164-901-02/Menard ISD



Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 52,283,330 0.9413 55,543,748 55,543,748
B - MULTIFAMILY 542,880 N/A 542,880 542,880
C1 - VACANT LOTS 1,492,610 N/A 1,492,610 1,492,610
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 30,632,806 1.0570 28,979,620 28,979,620
D2 - FARM & RANCH IMP 50,718,420 N/A 50,718,420 50,718,420
E - NON-AG LAND AND IMPROVEMENTS 87,389,790 0.8174 106,911,904 106,911,904
F1 - COMMERCIAL REAL 10,462,370 N/A 10,462,370 10,462,370
F2 - INDUSTRIAL REAL 4,086,520 N/A 4,086,520 4,086,520
G - ALL MINERALS 9,898,360 N/A 9,898,360 9,898,360
J - ALL UTILITIES 71,432,960 0.9488 75,287,690 75,287,690
L1 - COMMERCIAL PERSONAL 4,357,610 N/A 4,357,610 4,357,610
L2 - INDUSTRIAL PERSONAL 1,770,700 N/A 1,770,700 1,770,700
M1 - MOBILE HOMES 1,857,390 N/A 1,857,390 1,857,390
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 326,925,746 351,909,822 351,909,822
Less Total Deductions 58,917,106 60,499,350 60,499,350
Total Taxable Value 268,008,640 291,410,472 291,410,472

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's office 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 school 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 307,649,189 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 291,410,472 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 307,649,189 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 291,410,472 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 316,424,189 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 322,274,189 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 293,300,124 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 307,649,189 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 291,410,472 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 307,649,189 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 291,410,472 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 316,424,189 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 322,274,189 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 293,300,124 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 16,238,717 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 8,775,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 5,850,000 Loss to the third most recent increase in the state-mandated homestead exemption

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