taxes Property Tax Assistance

2022 ISD Summary Worksheet

075-Fayette /Fayette County

075-903/Schulenburg ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 180,868,517 0.8821 205,043,098 180,868,517
B - MULTIFAMILY 8,524,407 N/A 8,524,407 8,524,407
C1 - VACANT LOTS 6,887,572 N/A 6,887,572 6,887,572
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,950,416 1.0549 5,640,923 5,950,416
D2 - FARM & RANCH IMP 3,488,570 N/A 3,488,570 3,488,570
E - NON-AG LAND AND IMPROVEMENTS 251,115,190 0.8536 294,183,681 251,115,190
F1 - COMMERCIAL REAL 73,023,543 0.8899 82,058,145 73,023,543
F2 - INDUSTRIAL REAL 29,366,790 N/A 29,366,790 29,366,790
G - ALL MINERALS 3,518,530 N/A 3,518,530 3,518,530
J - ALL UTILITIES 26,168,880 N/A 26,168,880 26,168,880
L1 - COMMERCIAL PERSONAL 14,382,070 N/A 14,382,070 14,382,070
L2 - INDUSTRIAL PERSONAL 70,509,710 N/A 70,509,710 70,509,710
M1 - MOBILE HOMES 2,673,480 N/A 2,673,480 2,673,480
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 2,465,860 N/A 2,465,860 2,465,860
Subtotal 678,943,535 0 754,911,716 678,943,535
Less Total Deductions 95,754,204 0 114,608,357 95,754,204
Total Taxable Value 583,189,331 0 640,303,359 583,189,331

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 T13
600,565,023 583,189,331 600,565,023 583,189,331 614,525,023


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
17,375,692 0 13,960,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
600,565,023 583,189,331 600,565,023 583,189,331 614,525,023

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

THE PVS FOUND YOUR LOCAL VALUE INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

075-903-02/Schulenburg ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 180,868,517 0.8821 205,043,098 180,868,517
B - MULTIFAMILY 8,524,407 N/A 8,524,407 8,524,407
C1 - VACANT LOTS 6,887,572 N/A 6,887,572 6,887,572
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,950,416 1.0549 5,640,923 5,950,416
D2 - FARM & RANCH IMP 3,488,570 N/A 3,488,570 3,488,570
E - NON-AG LAND AND IMPROVEMENTS 251,115,190 0.8536 294,183,681 251,115,190
F1 - COMMERCIAL REAL 73,023,543 0.8899 82,058,145 73,023,543
F2 - INDUSTRIAL REAL 29,366,790 N/A 29,366,790 29,366,790
G - ALL MINERALS 3,518,530 N/A 3,518,530 3,518,530
J - ALL UTILITIES 26,168,880 N/A 26,168,880 26,168,880
L1 - COMMERCIAL PERSONAL 14,382,070 N/A 14,382,070 14,382,070
L2 - INDUSTRIAL PERSONAL 70,509,710 N/A 70,509,710 70,509,710
M1 - MOBILE HOMES 2,673,480 N/A 2,673,480 2,673,480
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 2,465,860 N/A 2,465,860 2,465,860
Subtotal 678,943,535 754,911,716 678,943,535
Less Total Deductions 95,754,204 114,608,357 95,754,204
Total Taxable Value 583,189,331 640,303,359 583,189,331

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 T13
600,565,023 583,189,331 600,565,023 583,189,331 614,525,023


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
17,375,692 0 13,960,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
600,565,023 583,189,331 600,565,023 583,189,331 614,525,023

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement