taxes Property Tax Assistance

2018 ISD Summary Worksheet

095/Hale

095-902/Cotton Center ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 107,793 N/A 107,793 107,793
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 28,916 N/A 28,916 28,916
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 18,707,268 2.0404 9,168,486 18,707,268
D2. Real Prop Farm & Ranch 743,542 N/A 743,542 743,542
E. Real Prop NonQual Acres 10,919,754 .9616 11,355,817 10,919,754
F1. Commercial Real 360,620 N/A 360,620 360,620
F2. Industrial Real 763,767 N/A 763,767 763,767
G. Oil, Gas, Minerals 14,160 N/A 14,160 14,160
J. Utilities 4,258,648 1.0709 3,976,700 4,258,648
L1. Commercial Personal 2,700,190 1.0730 2,516,486 2,700,190
L2. Industrial Personal 527,251 N/A 527,251 527,251
M. Other Personal 14,097 N/A 14,097 14,097
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 39,146,006 29,577,635 39,146,006
Less Total Deductions 2,578,001   2,578,001 2,578,001
Total Taxable Value 36,568,005 26,999,634 36,568,005 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
37,078,541 36,568,005 37,078,541 36,568,005


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
510,536 0


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
37,078,541 36,568,005 37,078,541 36,568,005

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 invalid, but local value was certified because local value is greater than PTAD value.