Free 2008 School District Report of Property Value--Short Form - Texas

50-251 (Rev. 06-08/17)

2008 SCHOOL DISTRICT REPORT OF PROPERTY VALUE ­ SHORT FORM (Instructions on Back of Form)

· Completeallsectionsandsubmitoriginalandonecopyofeachrequesteddocument. · SubmitacertifiedrecapthatcorrespondswiththevaluereportedontheElectronicAppraisalRollSubmission.Recapshouldinclude thebreakdownofcategoryvalues,breakdownofexemptionsandlosses,thebreakdownoflandclasses,productivityvalueschedule, taxincrementfinancingfund(s)anddeferredtaxes/increasinghomesteads.RequiredunderPropertyTaxCodeSections25.24and26.01. · SeeInstructionBookletforduedates.
School district name County# - ISd# - CAd#
SR0001/SR0002

Appraisal district name

1. TAX RATE INFORMATION School tax rate (Maintenance & Operations Rate + Interest & Sinking Fund Rate = Total Tax Rate).
SR0011 SR0012

Total Tax Rate:

SR0013

Maintenance & Operations Tax Rate:

Interest & Sinking + Fund Tax Rate:

=
SR0600

2. ACTUAL TOTAL TAX LEVY. ................................................................................................................... $

3. TAX ABATEMENT AGREEMENT(S): a) Total appraised value lost ................................................................................................................... $
SR0598

SR0269

__________________________________

b) Number granted ________________ 4. Last year's actual levy lost to deferred collection of taxes on residence homesteads of elderly or disabled persons and/or appreciating residence homesteads (Tax Code Sections 33.06 and 33.065). Report actual levy lost shown on tax statement. Do not include penalties and interest. See Instruction Booklet for details....................................................................................................... $

SR0657

5. Please attach a copy of the top 10 taxpayers in your district in descending order based on taxable value of all real and personal property. Reported amounts should represent appraised market and taxable values. 6. Please complete the 2008ReportonValueLostBecauseOfSchoolDistrictParticipationinTaxIncrementFinancing(TIF) form for each tax increment reinvestment zone in your school district. 7. TOTAL APPRAISED VALUE LOST UNDER VALUE LIMITATIONS (Tax Code Chapter 313) If a value is entered here, a Reporton ValueLostBecauseofValueLimitationUnderTaxCodeChapter313must be submitted, and the value of item 11 reported here.
SR0817 SR0818

Number granted ______________________

$

Return original and one copy to: COMPTROLLER OF PUBLIC ACCOUNTS Property Tax division Reporting Section P.O. Box 13528 Austin, Texas 78711-3528

By signing this form, I agree that the values are true and correct as certified to this school district by the Chief Appraiser.

Print name/title

date: Phone # ( )

Form 50-251 (Rev. 06-08/17) (Back)

INSTRUCTIONS 2008SCHOOLDISTRICTREPORTOFPROPERTYVALUE-SHORTFORM
1. School tax rate. Report the school tax rate here. Separate the maintenance and operations tax rate (M&O) from the interest and sinking fund tax rate (I&S). The sum of the two tax rates should equal the total tax rate.

2. Actual total tax levy. Report the total amount of tax levy shown on your tax roll. Please do not adjust this number for anticipated delinquent taxes. 3. Tax abatements agreement(s). The owner of property to which an agreement was made under the Property Redevelopment and Tax Abatement Act is entitled to a tax exemption from taxation of all or part of the value of the property as provided by the agreement. (Section 11.28, Tax Code) This is the differences between the market value and the taxable value of all the abatements granted in your district. Report the number granted and the value the district lost due to this exemption. 4. Last year's actual levy lost to deferred collection of taxes on residence homesteads of elderly or disabled persons and/or appreciating residence homesteads. An individual is entitled to defer or abate a suit to collect a delinquent tax if he is 65 or older and he owns and occupies as a residence homestead the property on which the tax subject to the suit is delinquent. (See Section 33.06, Tax Code.) An individual may defer or abate a lawsuit to collect a delinquent property tax on the portion of the residence homestead's appraised value that exceeds the market value of any new improvements and 105 percent of the homestead's appraised value for the preceding year. The homeowner must file the application for deferral with the CAd before taxes actually become delinquent. (Section 33.065, Tax Code) Please report the actual amount the taxpayer is deferring shown on the tax statement. SEE INSTRUCTION BOOKLET. 5. Top Ten Taxpayers. Please attach a copy of the top ten taxpayers in your district in descending order based on taxable value of all real and personal property. Reported amounts should represent appraised market and taxable value. 6. Please complete the 2008ReportonValueLostBecauseOfSchoolDistrictParticipationinTaxIncrement Financing(TIF) form for each tax increment reinvestment zone in your school district. Please provide supporting recaps for the base value of taxable property and the current appraised value of taxable property. A copy of the district's original inter-local agreement and any amendments for each TIF in which it participates, a copy of the ordinance designating the TIF and a copy of the written notification as required by Tax Code, § 311.003 (e) must be provided unless documents were submitted previously. 7. Total appraised value lost under the value limitation (Chapter 313, Tax Code). This provision allows school districts to attract new taxable property by offering a tax credit and an eight-year limitation on the appraised value of a property for the maintenance and operations portion of the school district property tax. Please complete and enclose the Report on Value Lost Because of Value Limitation Under Tax Code Chapter 313 to calculate the value loss. The person authorized to complete this form should sign it and include title, phone number and date signed. Please return the form to the address shown on the first page. Ifyouneedhelpcompletingthisform,calltheReportingSectionat(800)252-9121. Wewillbehappytoassistyou.