taxes Property Tax Assistance

2023 ISD Summary Worksheet

052-Crane/Crane County

052-901/Crane ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 147,673,840 N/A 147,673,840 147,673,840
B - MULTIFAMILY 2,543,390 N/A 2,543,390 2,543,390
C1 - VACANT LOTS 8,307,880 N/A 8,307,880 8,307,880
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,410,745 N/A 1,410,745 1,410,745
D2 - FARM & RANCH IMP 365,820 N/A 365,820 365,820
E - NON-AG LAND AND IMPROVEMENTS 16,271,200 N/A 16,271,200 16,271,200
F1 - COMMERCIAL REAL 14,088,250 N/A 14,088,250 14,088,250
F2 - INDUSTRIAL REAL 344,978,170 N/A 344,978,170 344,978,170
G - ALL MINERALS 1,754,715,600 N/A 1,754,715,600 1,754,715,600
J - ALL UTILITIES 769,553,110 N/A 769,553,110 769,553,110
L1 - COMMERCIAL PERSONAL 6,563,200 N/A 6,563,200 6,563,200
L2 - INDUSTRIAL PERSONAL 77,822,730 N/A 77,822,730 77,822,730
M1 - MOBILE HOMES 11,992,320 N/A 11,992,320 11,992,320
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 3,156,286,255 0 3,156,286,255 3,156,286,255
Less Total Deductions 263,102,722 0 263,102,722 263,102,722
Total Taxable Value 2,893,183,533 0 2,893,183,533 2,893,183,533

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 2,925,174,603 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 2,893,183,533 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 2,925,174,603 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 2,893,183,533 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 2,941,614,603 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 2,952,574,603 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 2,895,908,847 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 3,041,416,493 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 3,009,425,423 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 3,041,416,493 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 3,009,425,423 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 3,057,856,493 T13 plus the loss to the chapter 313 agreement
T16 3,068,816,493 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 3,012,150,737 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 31,991,070 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 16,440,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 10,960,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

052-901-02/Crane ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 147,673,840 N/A 147,673,840 147,673,840
B - MULTIFAMILY 2,543,390 N/A 2,543,390 2,543,390
C1 - VACANT LOTS 8,307,880 N/A 8,307,880 8,307,880
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,410,745 N/A 1,410,745 1,410,745
D2 - FARM & RANCH IMP 365,820 N/A 365,820 365,820
E - NON-AG LAND AND IMPROVEMENTS 16,271,200 N/A 16,271,200 16,271,200
F1 - COMMERCIAL REAL 14,088,250 N/A 14,088,250 14,088,250
F2 - INDUSTRIAL REAL 344,978,170 N/A 344,978,170 344,978,170
G - ALL MINERALS 1,754,715,600 N/A 1,754,715,600 1,754,715,600
J - ALL UTILITIES 769,553,110 N/A 769,553,110 769,553,110
L1 - COMMERCIAL PERSONAL 6,563,200 N/A 6,563,200 6,563,200
L2 - INDUSTRIAL PERSONAL 77,822,730 N/A 77,822,730 77,822,730
M1 - MOBILE HOMES 11,992,320 N/A 11,992,320 11,992,320
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 3,156,286,255 3,156,286,255 3,156,286,255
Less Total Deductions 263,102,722 263,102,722 263,102,722
Total Taxable Value 2,893,183,533 2,893,183,533 2,893,183,533

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 2,925,174,603 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 2,893,183,533 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 2,925,174,603 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 2,893,183,533 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 2,941,614,603 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 2,952,574,603 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 2,895,908,847 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 3,041,416,493 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 3,009,425,423 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 3,041,416,493 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 3,009,425,423 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 3,057,856,493 T13 plus the loss to the chapter 313 agreement
T16 3,068,816,493 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 3,012,150,737 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 31,991,070 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 16,440,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 10,960,000 Loss to Second Previous Homestead Increase