taxes Property Tax Assistance

2017 ISD Summary Worksheet

145/Leon

145-906/Normangee ISD

Category	Local Tax Roll Value	2017 WTD Mean Ratio	2017 PTAD Value Estimate	2017 Value Assigned
A. Single-Family Residences	110,543,940	N/A	110,543,940	110,543,940
B. Multi-Family Residences	268,460	N/A	268,460	268,460
C1. Vacant Lots	15,872,250	N/A	15,872,250	15,872,250
C2. Colonia Lots	0	N/A	0	0
D1. Rural Real(Taxable)	4,162,790	N/A	4,162,790	4,162,790
D2. Real Prop Farm & Ranch	2,855,450	N/A	2,855,450	2,855,450
E. Real Prop NonQual Acres	60,431,790	N/A	60,431,790	60,431,790
F1. Commercial Real	5,298,730	N/A	5,298,730	5,298,730
F2. Industrial Real	0	N/A	0	0
G. Oil, Gas, Minerals	20,978,220	N/A	20,978,220	20,978,220
J. Utilities	49,748,580	N/A	49,748,580	49,748,580
L1. Commercial Personal	11,307,630	N/A	11,307,630	11,307,630
L2. Industrial Personal	489,500	N/A	489,500	489,500
M. Other Personal	3,624,400	N/A	3,624,400	3,624,400
N. Intangible Personal Prop	0	N/A	0	0
O. Residential Inventory	0	N/A	0	0
S. Special Inventory	780,020	N/A	780,020	780,020
Subtotal	286,361,760		286,361,760	286,361,760
Less Total Deductions	62,532,121		62,532,121	62,532,121
Total Taxable Value	223,829,639		223,829,639	223,829,639 T2

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

T1	T2	T3	T4
232,896,769	223,829,639	221,543,699	212,476,569

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
9,067,130	11,353,070

T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 homestead exemption and the tax ceiling reduction

T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7	T8	T9	T10
232,896,769	223,829,639	221,543,699	212,476,569

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50% of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50% of the loss to the local optional percentage homestead exemption

The PVS found your local value to be valid, and local value was certified

154/Madison

145-906/Normangee ISD

Category	Local Tax Roll Value	2017 WTD Mean Ratio	2017 PTAD Value Estimate	2017 Value Assigned
A. Single-Family Residences	2,233,910	N/A	2,233,910	2,233,910
B. Multi-Family Residences	0	N/A	0	0
C1. Vacant Lots	245,489	N/A	245,489	245,489
C2. Colonia Lots	0	N/A	0	0
D1. Rural Real(Taxable)	2,261,380	N/A	2,261,380	2,261,380
D2. Real Prop Farm & Ranch	6,436,390	N/A	6,436,390	6,436,390
E. Real Prop NonQual Acres	31,955,890	N/A	31,955,890	31,955,890
F1. Commercial Real	1,702,920	N/A	1,702,920	1,702,920
F2. Industrial Real	0	N/A	0	0
G. Oil, Gas, Minerals	15,202,560	N/A	15,202,560	15,202,560
J. Utilities	18,065,850	N/A	18,065,850	18,065,850
L1. Commercial Personal	519,690	N/A	519,690	519,690
L2. Industrial Personal	1,648,720	N/A	1,648,720	1,648,720
M. Other Personal	761,890	N/A	761,890	761,890
N. Intangible Personal Prop	0	N/A	0	0
O. Residential Inventory	0	N/A	0	0
S. Special Inventory	388,260	N/A	388,260	388,260
Subtotal	81,422,949		81,422,949	81,422,949
Less Total Deductions	8,137,536		8,137,536	8,137,536
Total Taxable Value	73,285,413		73,285,413	73,285,413 T2

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

T1	T2	T3	T4
74,678,230	73,285,413	72,665,194	71,272,377

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
1,392,817	2,013,036

T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 homestead exemption and the tax ceiling reduction

T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7	T8	T9	T10
74,678,230	73,285,413	72,665,194	71,272,377

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50% of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50% of the loss to the local optional percentage homestead exemption

The PVS found your local value to be valid, and local value was certified

145-906/Normangee ISD

Category	Local Tax Roll Value	2017 WTD Mean Ratio	2017 PTAD Value Estimate	2017 Value Assigned
A. Single-Family Residences	112,777,850	N/A	112,777,850	112,777,850
B. Multi-Family Residences	268,460	N/A	268,460	268,460
C1. Vacant Lots	16,117,739	N/A	16,117,739	16,117,739
C2. Colonia Lots	0	N/A	0	0
D1. Rural Real(Taxable)	6,424,170	N/A	6,424,170	6,424,170
D2. Real Prop Farm & Ranch	9,291,840	N/A	9,291,840	9,291,840
E. Real Prop NonQual Acres	92,387,680	N/A	92,387,680	92,387,680
F1. Commercial Real	7,001,650	N/A	7,001,650	7,001,650
F2. Industrial Real	0	N/A	0	0
G. Oil, Gas, Minerals	36,180,780	N/A	36,180,780	36,180,780
J. Utilities	67,814,430	N/A	67,814,430	67,814,430
L1. Commercial Personal	11,827,320	N/A	11,827,320	11,827,320
L2. Industrial Personal	2,138,220	N/A	2,138,220	2,138,220
M. Other Personal	4,386,290	N/A	4,386,290	4,386,290
N. Intangible Personal Prop	0	N/A	0	0
O. Residential Inventory	0	N/A	0	0
S. Special Inventory	1,168,280	N/A	1,168,280	1,168,280
Subtotal	367,784,709		367,784,709	367,784,709
Less Total Deductions	70,669,657		70,669,657	70,669,657
Total Taxable Value	297,115,052		297,115,052	297,115,052 T2

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

Comptroller Of Public Accounts - Property Tax Division

2017 ISD Summary Worksheet

145-906/Normangee ISD

Final Values Worksheet

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

T1	T2	T3	T4
307,574,999	297,115,052	294,208,893	283,748,946

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
10,459,947	13,366,106

T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 homestead exemption and the tax ceiling reduction

T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7	T8	T9	T10
307,574,999	297,115,052	294,208,893	283,748,946

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50% of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50% of the loss to the local optional percentage homestead exemption