taxes Property Tax Assistance

2023 ISD Summary Worksheet

035-Castro/Castro County

035-902/Hart ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 17,858,220 0.7442 23,996,533 17,858,220
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 123,420 N/A 123,420 123,420
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 26,964,670 1.5257 17,673,232 26,964,670
D2 - FARM & RANCH IMP 2,205,960 N/A 2,205,960 2,205,960
E - NON-AG LAND AND IMPROVEMENTS 6,774,900 0.7782 8,705,860 6,774,900
F1 - COMMERCIAL REAL 1,675,850 N/A 1,675,850 1,675,850
F2 - INDUSTRIAL REAL 24,486,690 N/A 24,486,690 24,486,690
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 21,413,040 0.9793 21,865,659 21,413,040
L1 - COMMERCIAL PERSONAL 3,149,920 N/A 3,149,920 3,149,920
L2 - INDUSTRIAL PERSONAL 3,241,950 N/A 3,241,950 3,241,950
M1 - MOBILE HOMES 303,880 N/A 303,880 303,880
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 2,830 N/A 2,830 2,830
Subtotal 108,201,330 0 107,431,784 108,201,330
Less Total Deductions 10,723,946 0 11,714,100 10,723,946
Total Taxable Value 97,477,384 0 95,717,684 97,477,384

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

Measure Value Description
T1 99,306,104 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 97,477,384 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 99,306,104 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 97,477,384 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 102,246,104 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 104,206,104 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 97,346,658 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 99,306,104 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 97,477,384 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 99,306,104 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 97,477,384 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 102,246,104 T13 plus the loss to the chapter 313 agreement
T16 104,206,104 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 97,346,658 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 1,828,720 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 2,940,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 1,960,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED

035-902-02/Hart ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 17,858,220 0.7442 23,996,533 17,858,220
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 123,420 N/A 123,420 123,420
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 26,964,670 1.5257 17,673,232 26,964,670
D2 - FARM & RANCH IMP 2,205,960 N/A 2,205,960 2,205,960
E - NON-AG LAND AND IMPROVEMENTS 6,774,900 0.7782 8,705,860 6,774,900
F1 - COMMERCIAL REAL 1,675,850 N/A 1,675,850 1,675,850
F2 - INDUSTRIAL REAL 24,486,690 N/A 24,486,690 24,486,690
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 21,413,040 0.9793 21,865,659 21,413,040
L1 - COMMERCIAL PERSONAL 3,149,920 N/A 3,149,920 3,149,920
L2 - INDUSTRIAL PERSONAL 3,241,950 N/A 3,241,950 3,241,950
M1 - MOBILE HOMES 303,880 N/A 303,880 303,880
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 2,830 N/A 2,830 2,830
Subtotal 108,201,330 107,431,784 108,201,330
Less Total Deductions 10,723,946 11,714,100 10,723,946
Total Taxable Value 97,477,384 95,717,684 97,477,384

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

Measure Value Description
T1 99,306,104 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 97,477,384 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 99,306,104 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 97,477,384 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 102,246,104 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 104,206,104 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 97,346,658 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 99,306,104 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 97,477,384 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 99,306,104 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 97,477,384 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 102,246,104 T13 plus the loss to the chapter 313 agreement
T16 104,206,104 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 97,346,658 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 1,828,720 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 2,940,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 1,960,000 Loss to Second Previous Homestead Increase