Form 50-251 - School District Report Of Property Value - 2013 Page 2

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P r o p e r t y T a x
S c h o o l D i s t r i c t R e p o r t o f P r o p e r t y V a l u e • 2 0 1 3 S h o r t F o r m
Form 50-251
Instructions
1. Report the Effective Tax Rate, as defined by Texas
is deferring shown on the tax statement. See Instruc tion
Property Tax Code 26.04 (c) (1).
Booklet for details.
2. Report the Rollback Tax Rate, as defined by Texas
7.
Top Ten Taxpayers. Please attach a copy of the top ten
Property Tax Code 26.04 (c) (2).
taxpayers in your district in descending order based on
taxable value of all real and personal prop erty. Reported
3. Report the school tax rate here. Separate the mainte-
amounts should represent appraised market and tax-
nance and operations tax rate (M&O) from the interest
able value.
and sinking fund tax rate (I&S). The sum of the two tax
rates should equal the total tax rate.
8. Please complete the 2013 Report on Value Lost
Because of School District Participation in Tax Incre-
4. Actual total tax levy. Report the total amount of tax
ment Financing (TIF) form for each tax increment
reinvestment zone in your school dis trict. Please
levy shown on your tax roll. Please do not adjust this
number for anticipated delinquent taxes.
provide supporting recaps for the base value of tax-
able property and the current appraised value of tax-
5. Local Optional Percentage homestead exemption
able property. A copy of the district’s original inter-local
granted. Report the percentage amount granted by
agreement and any amendments for each TIF in which
the ISD for the local optional percentage homestead
it participates, a copy of the ordinance designating the
exemption.
TIF and a copy of the writ ten notification as required
by Tax Code, Sec. 311.003(e) must be provided unless
6. Last year’s actual levy lost to deferred collection
documents were submitted previously.
of taxes on residence homesteads of elderly or
disabled persons and/or appreciating residence
9. Please complete the 2013 Report on Value Lost
homesteads. An individual is entitled to defer or abate a
Because of Value Limitations Under Tax Code Chapter
313. Please provide supporting recaps for the market
suit to collect a delinquent tax if he or she is 65 or older
and he or she owns and occupies as a residence home-
value of the property in the individual projects.
stead the property on which the tax subject to the suit
10. Tax abatements agreement(s). The owner of prop erty
is delinquent. (See Tax Code, Sec. 33.06.) An individual
may defer or abate a lawsuit to collect a delinquent prop-
to which an agreement was made under the Property
erty tax on the portion of the resi dence homestead’s
Redevelopment and Tax Abatement Act is entitled to a
appraised value that exceeds the market value of any
tax exemption from taxation of all or part of the value
new improvements and 105 percent of the homestead’s
of the property as provided by the agreement. (Tax
appraised value for the preceding year. The homeowner
Code, Sec. 11.28) This is the dif ference between the
must file the appli cation for deferral with the CAD before
market value and the taxable value of all the abatements
taxes actu ally become delinquent. (Tax Code, Sec.
granted in your district. Report the number granted and
33.065) Please report the actual amount the taxpayer
the value the district lost due to this exemption.
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.
If you need help completing this form, call Data Security and Analysis at 1-800-252-9121,
select “2” to access the menu, then select “2” again. We will be happy to assist you.
For more information, visit our website:
Page 2 • 50-251 • 05-13/22

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