taxes Property Tax Assistance

2024 ISD Summary Worksheet

Normangee ISD (all splits)   Leon County   Madison County  

145-Leon/Leon County

145-906/Normangee ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 215,435,200 0.9476 227,348,248 215,435,200
B - MULTIFAMILY 361,990 N/A 361,990 361,990
C1 - VACANT LOTS 16,769,870 N/A 16,769,870 16,769,870
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,757,453 2.1649 2,197,583 4,757,453
D2 - FARM & RANCH IMP 18,170,200 N/A 18,170,200 18,170,200
E - NON-AG LAND AND IMPROVEMENTS 133,121,930 1.0361 128,483,670 133,121,930
F1 - COMMERCIAL REAL 10,359,560 N/A 10,359,560 10,359,560
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 12,715,720 1.0151 12,526,569 12,715,720
J - ALL UTILITIES 75,824,400 0.9298 81,549,150 75,824,400
L1 - COMMERCIAL PERSONAL 10,639,240 N/A 10,639,240 10,639,240
L2 - INDUSTRIAL PERSONAL 1,082,390 N/A 1,082,390 1,082,390
M1 - MOBILE HOMES 10,181,740 N/A 10,181,740 10,181,740
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 1,270,280 N/A 1,270,280 1,270,280
Subtotal 510,689,973 0 520,940,490 510,689,973
Less Total Deductions 201,298,089 0 209,617,534 201,298,089
Total Taxable Value 309,391,884 0 311,322,956 309,391,884

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 362,487,014 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 309,391,884 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 342,606,484 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 289,511,354 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 380,097,014 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 391,837,014 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 340,947,469 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 362,487,014 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 309,391,884 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 342,606,484 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 289,511,354 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 380,097,014 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 391,837,014 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 340,947,469 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 53,095,130 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 19,880,530 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 17,610,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 11,740,000 Loss to the third most recent increase in the state-mandated homestead exemption

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


Back to top


154-Madison/Madison County

145-906/Normangee ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 4,118,490 N/A 4,118,490 4,118,490
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 339,850 N/A 339,850 339,850
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,257,900 0.7730 2,921,058 2,257,900
D2 - FARM & RANCH IMP 7,111,080 0.9898 7,184,360 7,111,080
E - NON-AG LAND AND IMPROVEMENTS 69,826,654 1.0482 66,615,774 69,826,654
F1 - COMMERCIAL REAL 2,328,140 N/A 2,328,140 2,328,140
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 46,857,591 1.0013 46,796,755 46,857,591
J - ALL UTILITIES 25,057,400 0.9343 26,819,437 25,057,400
L1 - COMMERCIAL PERSONAL 904,070 N/A 904,070 904,070
L2 - INDUSTRIAL PERSONAL 281,920 N/A 281,920 281,920
M1 - MOBILE HOMES 1,573,140 N/A 1,573,140 1,573,140
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 327,950 N/A 327,950 327,950
Subtotal 160,984,185 0 160,210,944 160,984,185
Less Total Deductions 31,133,239 0 31,133,239 31,133,239
Total Taxable Value 129,850,946 0 129,077,705 129,850,946

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 138,187,004 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 129,850,946 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 134,013,558 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 125,677,500 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 141,007,004 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 142,887,004 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 129,935,086 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 138,187,004 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 129,850,946 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 134,013,558 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 125,677,500 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 141,007,004 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 142,887,004 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 129,935,086 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 8,336,058 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 4,173,446 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 2,820,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 1,880,000 Loss to the third most recent increase in the state-mandated homestead exemption

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


Back to top


145-906-02/Normangee ISD



Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 219,553,690 0.9485 231,466,738 219,553,690
B - MULTIFAMILY 361,990 N/A 361,990 361,990
C1 - VACANT LOTS 17,109,720 N/A 17,109,720 17,109,720
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 7,015,353 1.3705 5,118,641 7,015,353
D2 - FARM & RANCH IMP 25,281,280 0.9971 25,354,560 25,281,280
E - NON-AG LAND AND IMPROVEMENTS 202,948,584 1.0402 195,099,444 202,948,584
F1 - COMMERCIAL REAL 12,687,700 N/A 12,687,700 12,687,700
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 59,573,311 1.0042 59,323,324 59,573,311
J - ALL UTILITIES 100,881,800 0.9309 108,368,587 100,881,800
L1 - COMMERCIAL PERSONAL 11,543,310 N/A 11,543,310 11,543,310
L2 - INDUSTRIAL PERSONAL 1,364,310 N/A 1,364,310 1,364,310
M1 - MOBILE HOMES 11,754,880 N/A 11,754,880 11,754,880
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 1,598,230 N/A 1,598,230 1,598,230
Subtotal 671,674,158 681,151,434 671,674,158
Less Total Deductions 232,431,328 240,750,773 232,431,328
Total Taxable Value 439,242,830 440,400,661 439,242,830

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 500,674,018 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 439,242,830 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 476,620,042 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 415,188,854 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 521,104,018 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 534,724,018 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 470,882,555 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 500,674,018 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 439,242,830 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 476,620,042 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 415,188,854 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 521,104,018 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 534,724,018 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 470,882,555 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 61,431,188 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 24,053,976 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 20,430,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 13,620,000 Loss to the third most recent increase in the state-mandated homestead exemption

Back to top