taxes Property Tax Assistance

2018 ISD Summary Worksheet

112/Hopkins

112-905/Cumby ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 22,087,700 .9426 23,432,739 23,432,739
B. Multi-Family Residences 42,880 N/A 42,880 42,880
C1. Vacant Lots 75,290 N/A 75,290 75,290
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,508,820 .9339 4,828,125 4,828,125
D2. Real Prop Farm & Ranch 386,920 N/A 386,920 386,920
E. Real Prop NonQual Acres 40,502,000 .8674 46,693,567 46,693,567
F1. Commercial Real 2,920,390 N/A 2,920,390 2,920,390
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 9,296,805 .9413 9,876,559 9,876,559
L1. Commercial Personal 5,591,490 N/A 5,591,490 5,591,490
L2. Industrial Personal 129,685 N/A 129,685 129,685
M. Other Personal 2,302,460 N/A 2,302,460 2,302,460
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 87,844,440 96,280,105 96,280,105
Less Total Deductions 18,415,846   19,557,860 19,557,860
Total Taxable Value 69,428,594 76,722,245 76,722,245 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
81,002,190 76,722,245 81,002,190 76,722,245


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,279,945 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
81,002,190 76,722,245 81,002,190 76,722,245

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 taxable value to be invalid, and state value was certified because your local value

did not exceed the state value and:

1) was invalid in one or more of the previous two years or

2) is less than 90% of the lower end of the margin of error range or

3) The appraisal district that appraises property for the school district was not in compliance with the scoring requirement of the Comptroller's most recent review of the appraisal district conducted under section 5.102, Tax Code (MAP Review)

116/Hunt

112-905/Cumby ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 1,049,230 N/A 1,049,230 1,049,230
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 122,090 N/A 122,090 122,090
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 497,570 N/A 497,570 497,570
D2. Real Prop Farm & Ranch 638,340 N/A 638,340 638,340
E. Real Prop NonQual Acres 8,604,910 N/A 8,604,910 8,604,910
F1. Commercial Real 201,560 N/A 201,560 201,560
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 1,786,920 N/A 1,786,920 1,786,920
L1. Commercial Personal 3,630 N/A 3,630 3,630
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 105,280 N/A 105,280 105,280
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 13,009,530 13,009,530 13,009,530
Less Total Deductions 1,990,414   1,990,414 1,990,414
Total Taxable Value 11,019,116 11,019,116 11,019,116 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
11,391,002 11,019,116 11,391,002 11,019,116


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
371,886 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
11,391,002 11,019,116 11,391,002 11,019,116

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

112-905/Cumby ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 23,136,930 .9451 24,481,969 24,481,969
B. Multi-Family Residences 42,880 N/A 42,880 42,880
C1. Vacant Lots 197,380 N/A 197,380 197,380
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,006,390 .9400 5,325,695 5,325,695
D2. Real Prop Farm & Ranch 1,025,260 N/A 1,025,260 1,025,260
E. Real Prop NonQual Acres 49,106,910 .8880 55,298,477 55,298,477
F1. Commercial Real 3,121,950 N/A 3,121,950 3,121,950
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 11,083,725 .9503 11,663,479 11,663,479
L1. Commercial Personal 5,595,120 N/A 5,595,120 5,595,120
L2. Industrial Personal 129,685 N/A 129,685 129,685
M. Other Personal 2,407,740 N/A 2,407,740 2,407,740
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 100,853,970 109,289,635 109,289,635
Less Total Deductions 20,406,260   21,548,274 21,548,274
Total Taxable Value 80,447,710 87,741,361 87,741,361 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

2018 ISD Summary Worksheet

112-905/Cumby 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
92,393,192 87,741,361 92,393,192 87,741,361


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,651,831 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
92,393,192 87,741,361 92,393,192 87,741,361

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