taxes Property Tax Assistance

2023 ISD Summary Worksheet

117-Hutchinson/Hutchinson County

117-907/Spring Creek ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 705,300 N/A 705,300 705,300
B - MULTIFAMILY 2,322,370 0.9685 2,397,904 2,322,370
C1 - VACANT LOTS 76,740 N/A 76,740 76,740
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,254,677 1.0597 4,958,824 5,254,677
D2 - FARM & RANCH IMP 2,036,400 0.5491 3,708,614 2,036,400
E - NON-AG LAND AND IMPROVEMENTS 1,397,430 N/A 1,397,430 1,397,430
F1 - COMMERCIAL REAL 318,140 N/A 318,140 318,140
F2 - INDUSTRIAL REAL 21,020 N/A 21,020 21,020
G - ALL MINERALS 8,091,423 1.0418 7,766,772 8,091,423
J - ALL UTILITIES 15,985,650 1.0354 15,439,106 15,985,650
L1 - COMMERCIAL PERSONAL 53,810 N/A 53,810 53,810
L2 - INDUSTRIAL PERSONAL 12,131,230 N/A 12,131,230 12,131,230
M1 - MOBILE HOMES 551,290 N/A 551,290 551,290
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 48,945,480 0 49,526,180 48,945,480
Less Total Deductions 1,522,030 0 1,522,030 1,522,030
Total Taxable Value 47,423,450 0 48,004,150 47,423,450

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 47,860,220 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 47,423,450 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 47,839,225 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 47,402,455 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 48,220,220 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 48,460,220 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 47,441,350 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 47,860,220 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 47,423,450 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 47,839,225 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 47,402,455 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 48,220,220 T13 plus the loss to the chapter 313 agreement
T16 48,460,220 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 47,441,350 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 436,770 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 20,995 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 360,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 240,000 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

117-907-02/Spring Creek ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 705,300 N/A 705,300 705,300
B - MULTIFAMILY 2,322,370 0.9685 2,397,904 2,322,370
C1 - VACANT LOTS 76,740 N/A 76,740 76,740
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,254,677 1.0597 4,958,824 5,254,677
D2 - FARM & RANCH IMP 2,036,400 0.5491 3,708,614 2,036,400
E - NON-AG LAND AND IMPROVEMENTS 1,397,430 N/A 1,397,430 1,397,430
F1 - COMMERCIAL REAL 318,140 N/A 318,140 318,140
F2 - INDUSTRIAL REAL 21,020 N/A 21,020 21,020
G - ALL MINERALS 8,091,423 1.0418 7,766,772 8,091,423
J - ALL UTILITIES 15,985,650 1.0354 15,439,106 15,985,650
L1 - COMMERCIAL PERSONAL 53,810 N/A 53,810 53,810
L2 - INDUSTRIAL PERSONAL 12,131,230 N/A 12,131,230 12,131,230
M1 - MOBILE HOMES 551,290 N/A 551,290 551,290
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 48,945,480 49,526,180 48,945,480
Less Total Deductions 1,522,030 1,522,030 1,522,030
Total Taxable Value 47,423,450 48,004,150 47,423,450

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 47,860,220 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 47,423,450 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 47,839,225 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 47,402,455 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 48,220,220 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 48,460,220 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 47,441,350 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 47,860,220 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 47,423,450 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 47,839,225 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 47,402,455 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 48,220,220 T13 plus the loss to the chapter 313 agreement
T16 48,460,220 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 47,441,350 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 436,770 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 20,995 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 360,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 240,000 Loss to Second Previous Homestead Increase