taxes Property Tax Assistance

2020 ISD Summary Worksheet

112-Hopkins

112-906/North Hopkins ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 25,896,710 0.8589 30,151,019 25,896,710
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 107,980 N/A 107,980 107,980
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 6,781,349 1.1471 5,911,578 6,781,349
D2 - FARM & RANCH IMP 1,074,640 N/A 1,074,640 1,074,640
E - NON-AG LAND AND IMPROVEMENTS 67,539,390 0.8389 80,509,465 67,539,390
F1 - COMMERCIAL REAL 1,667,750 N/A 1,667,750 1,667,750
F2 - INDUSTRIAL REAL 843,090 N/A 843,090 843,090
G - ALL MINERALS 5,752,493 0.9943 5,785,470 5,752,493
J - ALL UTILITIES 7,913,484 0.9632 8,215,826 7,913,484
L1 - COMMERCIAL PERSONAL 1,110,030 N/A 1,110,030 1,110,030
L2 - INDUSTRIAL PERSONAL 2,261,039 N/A 2,261,039 2,261,039
M1 - MOBILE HOMES 4,290,120 N/A 4,290,120 4,290,120
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 125,238,075 0 141,928,007 125,238,075
Less Total Deductions 23,271,640 0 27,413,632 23,271,640
Total Taxable Value 101,966,435 0 114,514,375 101,966,435

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
106,149,334 101,966,435 106,149,334 101,966,435


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,182,899 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
106,149,334 101,966,435 106,149,334 101,966,435

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

112-906-02/North Hopkins ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 25,896,710 0.8589 30,151,019 25,896,710
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 107,980 N/A 107,980 107,980
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 6,781,349 1.1471 5,911,578 6,781,349
D2 - FARM & RANCH IMP 1,074,640 N/A 1,074,640 1,074,640
E - NON-AG LAND AND IMPROVEMENTS 67,539,390 0.8389 80,509,465 67,539,390
F1 - COMMERCIAL REAL 1,667,750 N/A 1,667,750 1,667,750
F2 - INDUSTRIAL REAL 843,090 N/A 843,090 843,090
G - ALL MINERALS 5,752,493 0.9943 5,785,470 5,752,493
J - ALL UTILITIES 7,913,484 0.9632 8,215,826 7,913,484
L1 - COMMERCIAL PERSONAL 1,110,030 N/A 1,110,030 1,110,030
L2 - INDUSTRIAL PERSONAL 2,261,039 N/A 2,261,039 2,261,039
M1 - MOBILE HOMES 4,290,120 N/A 4,290,120 4,290,120
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 125,238,075 141,928,007 125,238,075
Less Total Deductions 23,271,640 27,413,632 23,271,640
Total Taxable Value 101,966,435 114,514,375 101,966,435

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
106,149,334 101,966,435 106,149,334 101,966,435


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
4,182,899 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
106,149,334 101,966,435 106,149,334 101,966,435

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