taxes Property Tax Assistance

2023 ISD Summary Worksheet

107-Henderson/Henderson County

107-907/Trinidad ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 31,334,548 1.0112 30,987,488 31,334,548
B - MULTIFAMILY 158,649 N/A 158,649 158,649
C1 - VACANT LOTS 607,283 N/A 607,283 607,283
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 680,529 1.3867 490,751 680,529
D2 - FARM & RANCH IMP 66,370 N/A 66,370 66,370
E - NON-AG LAND AND IMPROVEMENTS 7,288,136 0.8648 8,427,539 7,288,136
F1 - COMMERCIAL REAL 3,699,481 N/A 3,699,481 3,699,481
F2 - INDUSTRIAL REAL 1,939,130 N/A 1,939,130 1,939,130
G - ALL MINERALS 217,710 N/A 217,710 217,710
J - ALL UTILITIES 35,603,842 0.9334 38,144,249 35,603,842
L1 - COMMERCIAL PERSONAL 715,239 N/A 715,239 715,239
L2 - INDUSTRIAL PERSONAL 13,753,470 N/A 13,753,470 13,753,470
M1 - MOBILE HOMES 205,553 N/A 205,553 205,553
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 96,269,940 0 99,412,912 96,269,940
Less Total Deductions 35,247,095 0 35,072,656 35,247,095
Total Taxable Value 61,022,845 0 64,340,256 61,022,845

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 65,866,946 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 61,022,845 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 65,137,703 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 60,293,602 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 68,986,946 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 71,066,946 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 61,219,692 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 65,866,946 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 61,022,845 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 65,137,703 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 60,293,602 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 68,986,946 T13 plus the loss to the chapter 313 agreement
T16 71,066,946 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 61,219,692 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 4,844,101 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 729,243 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 3,120,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 2,080,000 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

107-907-02/Trinidad ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 31,334,548 1.0112 30,987,488 31,334,548
B - MULTIFAMILY 158,649 N/A 158,649 158,649
C1 - VACANT LOTS 607,283 N/A 607,283 607,283
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 680,529 1.3867 490,751 680,529
D2 - FARM & RANCH IMP 66,370 N/A 66,370 66,370
E - NON-AG LAND AND IMPROVEMENTS 7,288,136 0.8648 8,427,539 7,288,136
F1 - COMMERCIAL REAL 3,699,481 N/A 3,699,481 3,699,481
F2 - INDUSTRIAL REAL 1,939,130 N/A 1,939,130 1,939,130
G - ALL MINERALS 217,710 N/A 217,710 217,710
J - ALL UTILITIES 35,603,842 0.9334 38,144,249 35,603,842
L1 - COMMERCIAL PERSONAL 715,239 N/A 715,239 715,239
L2 - INDUSTRIAL PERSONAL 13,753,470 N/A 13,753,470 13,753,470
M1 - MOBILE HOMES 205,553 N/A 205,553 205,553
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 96,269,940 99,412,912 96,269,940
Less Total Deductions 35,247,095 35,072,656 35,247,095
Total Taxable Value 61,022,845 64,340,256 61,022,845

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 65,866,946 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 61,022,845 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 65,137,703 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 60,293,602 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 68,986,946 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 71,066,946 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 61,219,692 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 65,866,946 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 61,022,845 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 65,137,703 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 60,293,602 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 68,986,946 T13 plus the loss to the chapter 313 agreement
T16 71,066,946 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 61,219,692 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 4,844,101 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 729,243 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 3,120,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 2,080,000 Loss to Second Previous Homestead Increase