taxes Property Tax Assistance

2023 ISD Summary Worksheet

035-Castro/Castro County

059-901/Hereford ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 750,430 N/A 750,430 750,430
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 48,580 N/A 48,580 48,580
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 9,009,310 N/A 9,009,310 9,009,310
D2 - FARM & RANCH IMP 1,037,880 N/A 1,037,880 1,037,880
E - NON-AG LAND AND IMPROVEMENTS 3,165,510 N/A 3,165,510 3,165,510
F1 - COMMERCIAL REAL 94,560 N/A 94,560 94,560
F2 - INDUSTRIAL REAL 13,789,740 N/A 13,789,740 13,789,740
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 12,600,950 N/A 12,600,950 12,600,950
L1 - COMMERCIAL PERSONAL 2,860 N/A 2,860 2,860
L2 - INDUSTRIAL PERSONAL 11,738,810 N/A 11,738,810 11,738,810
M1 - MOBILE HOMES 373,260 N/A 373,260 373,260
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 52,611,890 0 52,611,890 52,611,890
Less Total Deductions 1,663,270 0 1,663,270 1,663,270
Total Taxable Value 50,948,620 0 50,948,620 50,948,620

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 51,662,070 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 50,948,620 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 51,662,070 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 50,948,620 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 51,992,070 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 52,212,070 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 50,948,620 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 51,662,070 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 50,948,620 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 51,662,070 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 50,948,620 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 51,992,070 T13 plus the loss to the chapter 313 agreement
T16 52,212,070 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 50,948,620 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 713,450 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 330,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 220,000 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

059-Deaf Smith/Deaf Smith County

059-901/Hereford ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 667,734,950 1.0246 651,703,055 667,734,950
B - MULTIFAMILY 31,272,791 N/A 31,272,791 31,272,791
C1 - VACANT LOTS 15,760,320 N/A 15,760,320 15,760,320
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 74,646,047 1.0908 68,432,210 74,646,047
D2 - FARM & RANCH IMP 20,312,851 N/A 20,312,851 20,312,851
E - NON-AG LAND AND IMPROVEMENTS 157,404,460 0.9418 167,131,514 157,404,460
F1 - COMMERCIAL REAL 162,322,080 1.0021 161,981,918 162,322,080
F2 - INDUSTRIAL REAL 516,254,660 N/A 516,254,660 516,254,660
G - ALL MINERALS 500 N/A 500 500
J - ALL UTILITIES 168,596,740 0.9790 172,213,218 168,596,740
L1 - COMMERCIAL PERSONAL 215,585,370 0.9949 216,690,492 215,585,370
L2 - INDUSTRIAL PERSONAL 397,882,770 N/A 397,882,770 397,882,770
M1 - MOBILE HOMES 4,241,320 N/A 4,241,320 4,241,320
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 8,887,340 N/A 8,887,340 8,887,340
Subtotal 2,440,902,199 0 2,432,764,959 2,440,902,199
Less Total Deductions 490,749,583 0 485,080,294 490,749,583
Total Taxable Value 1,950,152,616 0 1,947,684,665 1,950,152,616

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 2,087,651,198 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,950,152,616 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 2,087,651,198 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,950,152,616 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 2,136,401,198 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 2,168,901,198 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 1,972,006,611 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 2,194,163,668 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 2,056,665,086 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 2,194,163,668 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 2,056,665,086 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 2,242,913,668 T13 plus the loss to the chapter 313 agreement
T16 2,275,413,668 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 2,078,519,081 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 137,498,582 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 48,750,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 32,500,000 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

185-Parmer/Parmer County

059-901/Hereford ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 46,910 N/A 46,910 46,910
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 426 N/A 426 426
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,215,383 N/A 1,215,383 1,215,383
D2 - FARM & RANCH IMP 281,120 N/A 281,120 281,120
E - NON-AG LAND AND IMPROVEMENTS 840,936 N/A 840,936 840,936
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 2,999,227 N/A 2,999,227 2,999,227
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 7,728,010 N/A 7,728,010 7,728,010
L1 - COMMERCIAL PERSONAL 0 N/A 0 0
L2 - INDUSTRIAL PERSONAL 1,748,400 N/A 1,748,400 1,748,400
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 14,860,412 0 14,860,412 14,860,412
Less Total Deductions 461,342 0 461,342 461,342
Total Taxable Value 14,399,070 0 14,399,070 14,399,070

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 14,517,825 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 14,399,070 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 14,517,825 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 14,399,070 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 14,592,825 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 14,642,825 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 14,421,931 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 14,517,825 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 14,399,070 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 14,517,825 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 14,399,070 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 14,592,825 T13 plus the loss to the chapter 313 agreement
T16 14,642,825 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 14,421,931 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 118,755 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 75,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 50,000 Loss to Second Previous Homestead Increase

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

059-901-02/Hereford ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 668,532,290 1.0246 652,500,395 668,532,290
B - MULTIFAMILY 31,272,791 N/A 31,272,791 31,272,791
C1 - VACANT LOTS 15,809,326 N/A 15,809,326 15,809,326
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 84,870,740 1.0790 78,656,903 84,870,740
D2 - FARM & RANCH IMP 21,631,851 N/A 21,631,851 21,631,851
E - NON-AG LAND AND IMPROVEMENTS 161,410,906 0.9432 171,137,960 161,410,906
F1 - COMMERCIAL REAL 162,416,640 1.0021 162,076,478 162,416,640
F2 - INDUSTRIAL REAL 533,043,627 N/A 533,043,627 533,043,627
G - ALL MINERALS 500 N/A 500 500
J - ALL UTILITIES 188,925,700 0.9812 192,542,178 188,925,700
L1 - COMMERCIAL PERSONAL 215,588,230 0.9949 216,693,352 215,588,230
L2 - INDUSTRIAL PERSONAL 411,369,980 N/A 411,369,980 411,369,980
M1 - MOBILE HOMES 4,614,580 N/A 4,614,580 4,614,580
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 8,887,340 N/A 8,887,340 8,887,340
Subtotal 2,508,374,501 2,500,237,261 2,508,374,501
Less Total Deductions 492,874,195 487,204,906 492,874,195
Total Taxable Value 2,015,500,306 2,013,032,355 2,015,500,306

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 2,153,831,093 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 2,015,500,306 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 2,153,831,093 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 2,015,500,306 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 2,202,986,093 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 2,235,756,093 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 2,037,377,162 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 2,260,343,563 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 2,122,012,776 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 2,260,343,563 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 2,122,012,776 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 2,309,498,563 T13 plus the loss to the chapter 313 agreement
T16 2,342,268,563 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 2,143,889,632 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 138,330,787 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 49,155,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 32,770,000 Loss to Second Previous Homestead Increase