taxes Property Tax Assistance

2023 ISD Summary Worksheet

161-McLennan/McLennan County

161-924/Hallsburg ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 75,420,204 N/A 75,420,204 75,420,204
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 2,199,190 N/A 2,199,190 2,199,190
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,703,047 N/A 1,703,047 1,703,047
D2 - FARM & RANCH IMP 2,227,725 N/A 2,227,725 2,227,725
E - NON-AG LAND AND IMPROVEMENTS 68,981,001 N/A 68,981,001 68,981,001
F1 - COMMERCIAL REAL 2,892,380 N/A 2,892,380 2,892,380
F2 - INDUSTRIAL REAL 4,785,580 N/A 4,785,580 4,785,580
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 26,574,280 N/A 26,574,280 26,574,280
L1 - COMMERCIAL PERSONAL 5,943,230 N/A 5,943,230 5,943,230
L2 - INDUSTRIAL PERSONAL 2,394,970 N/A 2,394,970 2,394,970
M1 - MOBILE HOMES 1,545,670 N/A 1,545,670 1,545,670
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 16,330 N/A 16,330 16,330
Subtotal 194,683,607 0 194,683,607 194,683,607
Less Total Deductions 70,305,642 0 70,305,642 70,305,642
Total Taxable Value 124,377,965 0 124,377,965 124,377,965

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 142,021,416 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 124,377,965 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 142,021,416 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 124,377,965 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 147,211,416 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 150,671,416 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 131,163,977 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 142,021,416 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 124,377,965 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 142,021,416 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 124,377,965 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 147,211,416 T13 plus the loss to the chapter 313 agreement
T16 150,671,416 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 131,163,977 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 17,643,451 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 5,190,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 3,460,000 Loss to Second Previous Homestead Increase

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

161-924-02/Hallsburg ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 75,420,204 N/A 75,420,204 75,420,204
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 2,199,190 N/A 2,199,190 2,199,190
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,703,047 N/A 1,703,047 1,703,047
D2 - FARM & RANCH IMP 2,227,725 N/A 2,227,725 2,227,725
E - NON-AG LAND AND IMPROVEMENTS 68,981,001 N/A 68,981,001 68,981,001
F1 - COMMERCIAL REAL 2,892,380 N/A 2,892,380 2,892,380
F2 - INDUSTRIAL REAL 4,785,580 N/A 4,785,580 4,785,580
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 26,574,280 N/A 26,574,280 26,574,280
L1 - COMMERCIAL PERSONAL 5,943,230 N/A 5,943,230 5,943,230
L2 - INDUSTRIAL PERSONAL 2,394,970 N/A 2,394,970 2,394,970
M1 - MOBILE HOMES 1,545,670 N/A 1,545,670 1,545,670
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 16,330 N/A 16,330 16,330
Subtotal 194,683,607 194,683,607 194,683,607
Less Total Deductions 70,305,642 70,305,642 70,305,642
Total Taxable Value 124,377,965 124,377,965 124,377,965

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 142,021,416 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 124,377,965 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 142,021,416 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 124,377,965 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 147,211,416 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 150,671,416 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 131,163,977 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 142,021,416 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 124,377,965 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 142,021,416 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 124,377,965 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 147,211,416 T13 plus the loss to the chapter 313 agreement
T16 150,671,416 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 131,163,977 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 17,643,451 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 5,190,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 3,460,000 Loss to Second Previous Homestead Increase