taxes Property Tax Assistance

2019 ISD Summary Worksheet

198-Robertson

198-905/Hearne ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 147,585,618 0.9699 152,165,809 147,585,618
B. MULTIFAMILY RESIDENCES 8,159,892 N/A 8,159,892 8,159,892
C1. VACANT LOTS 6,774,206 N/A 6,774,206 6,774,206
D1. QUALIFIED AG LAND 8,727,050 0.9716 8,981,810 8,727,050
D2. REAL PROP:FARM & RANCH 7,912,174 N/A 7,912,174 7,912,174
E. REAL PROP NONQUAL ACREAGE 97,213,714 0.9496 102,373,330 97,213,714
F1. COMMERCIAL REAL 43,258,369 0.8535 50,683,502 43,258,369
F2. INDUSTRIAL REAL 16,391,784 N/A 16,391,784 16,391,784
G. OIL,GAS,MINERALS 38,945,242 0.9895 39,358,506 38,945,242
J. UTILITIES 43,285,751 0.9819 44,083,665 43,285,751
L1. COMMERCIAL PERSONAL 16,739,306 N/A 16,739,306 16,739,306
L2. INDUSTRIAL PERSONAL 96,726,882 N/A 96,726,882 96,726,882
M. MOBILE HOMES 8,236,390 N/A 8,236,390 8,236,390
Subtotal 539,956,378 0 558,587,256 539,956,378
Less Total Deductions 82,723,132 0 85,294,178 82,723,132
Total Taxable Value 457,233,246 0 473,293,078 457,233,246

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
470,209,208 457,233,246 470,209,208 457,233,246


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
12,975,962 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

Value Taxable For I & S Purposes

T7 T8 T9 T10
470,209,208 457,233,246 470,209,208 457,233,246

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

198-905-02/Hearne ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 147,585,618 0.9699 152,165,809 147,585,618
B. MULTIFAMILY RESIDENCES 8,159,892 N/A 8,159,892 8,159,892
C1. VACANT LOTS 6,774,206 N/A 6,774,206 6,774,206
D1. QUALIFIED AG LAND 8,727,050 0.9716 8,981,810 8,727,050
D2. REAL PROP:FARM & RANCH 7,912,174 N/A 7,912,174 7,912,174
E. REAL PROP NONQUAL ACREAGE 97,213,714 0.9496 102,373,330 97,213,714
F1. COMMERCIAL REAL 43,258,369 0.8535 50,683,502 43,258,369
F2. INDUSTRIAL REAL 16,391,784 N/A 16,391,784 16,391,784
G. OIL,GAS,MINERALS 38,945,242 0.9895 39,358,506 38,945,242
J. UTILITIES 43,285,751 0.9819 44,083,665 43,285,751
L1. COMMERCIAL PERSONAL 16,739,306 N/A 16,739,306 16,739,306
L2. INDUSTRIAL PERSONAL 96,726,882 N/A 96,726,882 96,726,882
M. MOBILE HOMES 8,236,390 N/A 8,236,390 8,236,390
Subtotal 539,956,378 558,587,256 539,956,378
Less Total Deductions 82,723,132 85,294,178 82,723,132
Total Taxable Value 457,233,246 473,293,078 457,233,246

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
470,209,208 457,233,246 470,209,208 457,233,246


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
12,975,962 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

Value Taxable For I & S Purposes

T7 T8 T9 T10
470,209,208 457,233,246 470,209,208 457,233,246

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