taxes Property Tax Assistance

2023 ISD Summary Worksheet

114-Howard/Howard County

114-904/Forsan ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 154,017,848 0.9246 166,577,815 154,017,848
B - MULTIFAMILY 129,100 N/A 129,100 129,100
C1 - VACANT LOTS 6,161,466 N/A 6,161,466 6,161,466
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,955,724 1.0146 2,913,324 2,955,724
D2 - FARM & RANCH IMP 177,671 N/A 177,671 177,671
E - NON-AG LAND AND IMPROVEMENTS 56,522,248 0.8486 66,606,467 56,522,248
F1 - COMMERCIAL REAL 12,841,310 N/A 12,841,310 12,841,310
F2 - INDUSTRIAL REAL 101,414,700 N/A 101,414,700 101,414,700
G - ALL MINERALS 409,710,219 1.0089 406,095,965 409,710,219
J - ALL UTILITIES 119,580,047 0.9992 119,675,788 119,580,047
L1 - COMMERCIAL PERSONAL 2,551,425 N/A 2,551,425 2,551,425
L2 - INDUSTRIAL PERSONAL 55,109,485 N/A 55,109,485 55,109,485
M1 - MOBILE HOMES 712,656 N/A 712,656 712,656
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 28,239 N/A 28,239 28,239
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 921,912,138 0 940,995,411 921,912,138
Less Total Deductions 100,793,938 0 105,718,411 100,793,938
Total Taxable Value 821,118,200 0 835,277,000 821,118,200

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 850,030,396 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 821,118,200 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 839,571,278 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 810,659,082 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 861,640,396 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 869,380,396 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 824,340,792 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 850,030,396 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 821,118,200 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 839,571,278 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 810,659,082 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 861,640,396 T13 plus the loss to the chapter 313 agreement
T16 869,380,396 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 824,340,792 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 28,912,196 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 10,459,118 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 11,610,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 7,740,000 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

168-Mitchell/Mitchell County

114-904/Forsan ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 0 N/A 0 0
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 0 N/A 0 0
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 822,553 N/A 822,553 822,553
D2 - FARM & RANCH IMP 32,941 N/A 32,941 32,941
E - NON-AG LAND AND IMPROVEMENTS 872,915 N/A 872,915 872,915
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 79,279 N/A 79,279 79,279
G - ALL MINERALS 519,247 N/A 519,247 519,247
J - ALL UTILITIES 2,468,690 N/A 2,468,690 2,468,690
L1 - COMMERCIAL PERSONAL 0 N/A 0 0
L2 - INDUSTRIAL PERSONAL 123,680 N/A 123,680 123,680
M1 - MOBILE HOMES 0 N/A 0 0
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 4,919,305 0 4,919,305 4,919,305
Less Total Deductions 223,680 0 223,680 223,680
Total Taxable Value 4,695,625 0 4,695,625 4,695,625

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 4,755,625 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 4,695,625 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 4,755,625 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 4,695,625 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 4,770,625 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 4,780,625 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 4,695,625 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 4,755,625 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 4,695,625 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 4,755,625 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 4,695,625 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 4,770,625 T13 plus the loss to the chapter 313 agreement
T16 4,780,625 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 4,695,625 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 60,000 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 15,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 10,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID BECAUSE THIS PORTION OF THE SCHOOL DISTRICT WAS TOO SMALL TO BE STUDIED, AND LOCAL VALUE WAS CERTIFIED

114-904-02/Forsan ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 154,017,848 0.9246 166,577,815 154,017,848
B - MULTIFAMILY 129,100 N/A 129,100 129,100
C1 - VACANT LOTS 6,161,466 N/A 6,161,466 6,161,466
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,778,277 1.0113 3,735,877 3,778,277
D2 - FARM & RANCH IMP 210,612 N/A 210,612 210,612
E - NON-AG LAND AND IMPROVEMENTS 57,395,163 0.8506 67,479,382 57,395,163
F1 - COMMERCIAL REAL 12,841,310 N/A 12,841,310 12,841,310
F2 - INDUSTRIAL REAL 101,493,979 N/A 101,493,979 101,493,979
G - ALL MINERALS 410,229,466 1.0089 406,615,212 410,229,466
J - ALL UTILITIES 122,048,737 0.9992 122,144,478 122,048,737
L1 - COMMERCIAL PERSONAL 2,551,425 N/A 2,551,425 2,551,425
L2 - INDUSTRIAL PERSONAL 55,233,165 N/A 55,233,165 55,233,165
M1 - MOBILE HOMES 712,656 N/A 712,656 712,656
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 28,239 N/A 28,239 28,239
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 926,831,443 945,914,716 926,831,443
Less Total Deductions 101,017,618 105,942,091 101,017,618
Total Taxable Value 825,813,825 839,972,625 825,813,825

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 854,786,021 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 825,813,825 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 844,326,903 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 815,354,707 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 866,411,021 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 874,161,021 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 829,036,417 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 854,786,021 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 825,813,825 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 844,326,903 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 815,354,707 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 866,411,021 T13 plus the loss to the chapter 313 agreement
T16 874,161,021 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 829,036,417 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 28,972,196 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 10,459,118 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 11,625,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 7,750,000 Loss to Second Previous Homestead Increase