taxes Property Tax Assistance

2018 ISD Summary Worksheet

145/Leon

145-906/Normangee ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. Single-Family Residences	111,564,660	.8521	130,929,069	130,929,069
B. Multi-Family Residences	393,420	N/A	393,420	393,420
C1. Vacant Lots	15,580,360	.5949	26,189,881	26,189,881
C2. Colonia Lots	0	N/A	0	0
D1. Rural Real(Taxable)	4,190,030	1.0300	4,068,131	4,068,131
D2. Real Prop Farm & Ranch	3,875,280	N/A	3,875,280	3,875,280
E. Real Prop NonQual Acres	61,382,010	.7534	81,473,334	81,473,334
F1. Commercial Real	5,825,430	N/A	5,825,430	5,825,430
F2. Industrial Real	0	N/A	0	0
G. Oil, Gas, Minerals	21,841,770	.9885	22,095,873	22,095,873
J. Utilities	60,731,060	.9190	66,083,852	66,083,852
L1. Commercial Personal	9,732,570	N/A	9,732,570	9,732,570
L2. Industrial Personal	515,540	N/A	515,540	515,540
M. Other Personal	3,808,030	N/A	3,808,030	3,808,030
N. Intangible Personal Prop	0	N/A	0	0
O. Residential Inventory	0	N/A	0	0
S. Special Inventory	1,232,450	N/A	1,232,450	1,232,450
Subtotal	300,672,610		356,222,860	356,222,860
Less Total Deductions	64,969,209		77,371,366	77,371,366
Total Taxable Value	235,703,401		278,851,494	278,851,494 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
278,851,494	278,851,494	266,849,579	266,849,579

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
0	12,001,915

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
278,851,494	278,851,494	266,849,579	266,849,579

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)

154/Madison

145-906/Normangee ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. Single-Family Residences	2,530,060	N/A	2,530,060	2,530,060
B. Multi-Family Residences	0	N/A	0	0
C1. Vacant Lots	314,240	N/A	314,240	314,240
C2. Colonia Lots	0	N/A	0	0
D1. Rural Real(Taxable)	2,251,360	.9202	2,446,694	2,251,360
D2. Real Prop Farm & Ranch	6,552,570	.8795	7,450,335	6,552,570
E. Real Prop NonQual Acres	35,524,372	.9818	36,182,901	35,524,372
F1. Commercial Real	1,813,930	N/A	1,813,930	1,813,930
F2. Industrial Real	0	N/A	0	0
G. Oil, Gas, Minerals	15,190,130	1.0112	15,021,885	15,190,130
J. Utilities	24,332,960	.9373	25,960,696	24,332,960
L1. Commercial Personal	796,060	N/A	796,060	796,060
L2. Industrial Personal	1,446,610	N/A	1,446,610	1,446,610
M. Other Personal	716,530	N/A	716,530	716,530
N. Intangible Personal Prop	0	N/A	0	0
O. Residential Inventory	0	N/A	0	0
S. Special Inventory	311,720	N/A	311,720	311,720
Subtotal	91,780,542		94,991,661	91,780,542
Less Total Deductions	9,402,774		9,402,774	9,402,774
Total Taxable Value	82,377,768		85,588,887	82,377,768 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
83,776,337	82,377,768	81,477,146	80,078,577

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
1,398,569	2,299,191

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
83,776,337	82,377,768	81,477,146	80,078,577

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	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. Single-Family Residences	114,094,720	.8549	133,459,129	133,459,129
B. Multi-Family Residences	393,420	N/A	393,420	393,420
C1. Vacant Lots	15,894,600	.5997	26,504,121	26,504,121
C2. Colonia Lots	0	N/A	0	0
D1. Rural Real(Taxable)	6,441,390	.9887	6,514,825	6,319,491
D2. Real Prop Farm & Ranch	10,427,850	.9207	11,325,615	10,427,850
E. Real Prop NonQual Acres	96,906,382	.8236	117,656,235	116,997,706
F1. Commercial Real	7,639,360	N/A	7,639,360	7,639,360
F2. Industrial Real	0	N/A	0	0
G. Oil, Gas, Minerals	37,031,900	.9977	37,117,758	37,286,003
J. Utilities	85,064,020	.9242	92,044,548	90,416,812
L1. Commercial Personal	10,528,630	N/A	10,528,630	10,528,630
L2. Industrial Personal	1,962,150	N/A	1,962,150	1,962,150
M. Other Personal	4,524,560	N/A	4,524,560	4,524,560
N. Intangible Personal Prop	0	N/A	0	0
O. Residential Inventory	0	N/A	0	0
S. Special Inventory	1,544,170	N/A	1,544,170	1,544,170
Subtotal	392,453,152		451,214,521	448,003,402
Less Total Deductions	74,371,983		86,774,140	86,774,140
Total Taxable Value	318,081,169		364,440,381	361,229,262 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

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
362,627,831	361,229,262	348,326,725	346,928,156

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
1,398,569	14,301,106

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
362,627,831	361,229,262	348,326,725	346,928,156

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