taxes Property Tax Assistance

2022 ISD Summary Worksheet

225-Titus /Titus County

225-907/Harts Bluff ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	171,273,447	N/A	171,273,447	171,273,447
B - MULTIFAMILY	678,890	N/A	678,890	678,890
C1 - VACANT LOTS	2,283,663	N/A	2,283,663	2,283,663
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	1,778,985	N/A	1,778,985	1,778,985
D2 - FARM & RANCH IMP	2,660,539	N/A	2,660,539	2,660,539
E - NON-AG LAND AND IMPROVEMENTS	77,022,052	N/A	77,022,052	77,022,052
F1 - COMMERCIAL REAL	11,320,593	N/A	11,320,593	11,320,593
F2 - INDUSTRIAL REAL	211,576	N/A	211,576	211,576
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	9,200,131	N/A	9,200,131	9,200,131
L1 - COMMERCIAL PERSONAL	1,053,287	N/A	1,053,287	1,053,287
L2 - INDUSTRIAL PERSONAL	2,148,500	N/A	2,148,500	2,148,500
M1 - MOBILE HOMES	3,420,551	N/A	3,420,551	3,420,551
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	533,879	N/A	533,879	533,879
S - SPECIAL INVENTORY	24,200	N/A	24,200	24,200
Subtotal	283,610,293	0	283,610,293	283,610,293
Less Total Deductions	64,681,131	0	64,681,131	64,681,131
Total Taxable Value	218,929,162	0	218,929,162	218,929,162

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
228,932,229	218,929,162	228,932,229	218,929,162	236,512,229

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
10,003,067	0	7,580,000

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
228,932,229	218,929,162	228,932,229	218,929,162	236,512,229

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 TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

225-907-02/Harts Bluff ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	171,273,447	N/A	171,273,447	171,273,447
B - MULTIFAMILY	678,890	N/A	678,890	678,890
C1 - VACANT LOTS	2,283,663	N/A	2,283,663	2,283,663
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	1,778,985	N/A	1,778,985	1,778,985
D2 - FARM & RANCH IMP	2,660,539	N/A	2,660,539	2,660,539
E - NON-AG LAND AND IMPROVEMENTS	77,022,052	N/A	77,022,052	77,022,052
F1 - COMMERCIAL REAL	11,320,593	N/A	11,320,593	11,320,593
F2 - INDUSTRIAL REAL	211,576	N/A	211,576	211,576
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	9,200,131	N/A	9,200,131	9,200,131
L1 - COMMERCIAL PERSONAL	1,053,287	N/A	1,053,287	1,053,287
L2 - INDUSTRIAL PERSONAL	2,148,500	N/A	2,148,500	2,148,500
M1 - MOBILE HOMES	3,420,551	N/A	3,420,551	3,420,551
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	533,879	N/A	533,879	533,879
S - SPECIAL INVENTORY	24,200	N/A	24,200	24,200
Subtotal	283,610,293		283,610,293	283,610,293
Less Total Deductions	64,681,131		64,681,131	64,681,131
Total Taxable Value	218,929,162		218,929,162	218,929,162

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
228,932,229	218,929,162	228,932,229	218,929,162	236,512,229

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
10,003,067	0	7,580,000

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
228,932,229	218,929,162	228,932,229	218,929,162	236,512,229

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