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2011 ISD Summary Worksheet

034/Cass

034-906/McLeod ISD


Category Local Tax Roll Value 2011 WTD Mean Ratio 2011 PTAD Value Estimate 2011 Value Assigned
A. Single-Family Residences 9,071,310 .9059 10,013,589 9,071,310
B. Multi-Family Residences 0 N/A 0 0
C. Vacant Lots 348,240 N/A 348,240 348,240
D. Rural Real(Taxable) 14,646,281 .8322 17,599,640 14,646,281
F1. Commercial Real 233,310 N/A 233,310 233,310
F2. Industrial Real 24,000 N/A 24,000 24,000
G. Oil, Gas, Minerals 8,971,652 .9927 9,037,627 8,971,652
J. Utilities 1,483,970 N/A 1,483,970 1,483,970
L1. Commercial Personal 210,772 N/A 210,772 210,772
L2. Industrial Personal 55,590 N/A 55,590 55,590
M. Other Personal 1,312,900 N/A 1,312,900 1,312,900
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 36,358,025 40,319,638 36,358,025
Less Total Deductions 7,144,036   7,761,865 7,144,036
Total Taxable Value 29,213,989 32,557,773 29,213,989 T2*

* This district is in year 1 of the grace period.

Category D Detail Local Tax Roll Ratio PTAD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 10,976,411 .7857 13,970,232
Prod Value Qualified Acres 3,669,870 1.0111 3,629,408
Taxable Value 14,646,281   17,599,640

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 T6 will be the same as T7 through T12.

Value Taxable For M&O Purposes

T1 T2 T3 T4 T5 T6
31,721,038 29,213,989 31,721,038 29,213,989 29,213,989 29,213,989


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,507,049 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

T5 = T2 before the loss to the tax ceiling reduction

T6 = T5 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10 T11 T12
31,721,038 29,213,989 31,721,038 29,213,989 29,213,989 29,213,989

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

T11 = T8 before the loss to the tax ceiling reduction

T12 = T11 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 your school district is in year one of the grace period.

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