202-Sabine/Sabine County
202-903/Hemphill ISD
| Category |
Local Tax Roll Value |
2023 WTD Mean Ratio |
2023 PTAD Value Estimate |
2023 Value Assigned |
| A - SINGLE-FAMILY |
778,363,020 |
0.9112 |
854,217,537 |
854,217,537 |
| B - MULTIFAMILY |
406,448 |
N/A |
406,448 |
406,448 |
| C1 - VACANT LOTS |
45,017,460 |
0.9046 |
49,765,045 |
49,765,045 |
| C2 - COLONIA LOTS |
0 |
N/A |
0 |
0 |
| D1 ACRES - QUALIFIED OPEN-SPACE LAND |
21,436,770 |
1.1805 |
18,158,600 |
18,158,600 |
| D2 - FARM & RANCH IMP |
2,891,500 |
N/A |
2,891,500 |
2,891,500 |
| E - NON-AG LAND AND IMPROVEMENTS |
103,722,610 |
1.0220 |
101,489,834 |
101,489,834 |
| F1 - COMMERCIAL REAL |
71,174,153 |
1.0041 |
70,883,531 |
70,883,531 |
| F2 - INDUSTRIAL REAL |
457,190 |
N/A |
457,190 |
457,190 |
| G - ALL MINERALS |
2,046,600 |
N/A |
2,046,600 |
2,046,600 |
| J - ALL UTILITIES |
39,522,620 |
N/A |
39,522,620 |
39,522,620 |
| L1 - COMMERCIAL PERSONAL |
13,600,441 |
N/A |
13,600,441 |
13,600,441 |
| L2 - INDUSTRIAL PERSONAL |
5,989,150 |
N/A |
5,989,150 |
5,989,150 |
| M1 - MOBILE HOMES |
26,940,721 |
N/A |
26,940,721 |
26,940,721 |
| N - INTANGIBLE PERSONAL PROPERTY |
0 |
N/A |
0 |
0 |
| O - RESIDENTIAL INVENTORY |
239,420 |
N/A |
239,420 |
239,420 |
| S - SPECIAL INVENTORY |
0 |
N/A |
0 |
0 |
| Subtotal |
1,111,808,103 |
0 |
1,186,608,637 |
1,186,608,637 |
| Less Total Deductions |
393,516,758 |
0 |
427,225,411 |
427,225,411 |
| Total Taxable Value |
718,291,345 |
0 |
759,383,226 |
759,383,226 |
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 |
848,884,038 |
School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption |
| T2 |
759,383,226 |
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 |
848,884,038 |
T1 minus 50% of the loss to the local optional percentage homestead exemption |
| T4 |
759,383,226 |
T2 minus 50% of the loss to the local optional percentage homestead exemption |
| T13 |
888,064,038 |
T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions |
| T15 |
914,184,038 |
T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T17 |
759,383,226 |
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 |
848,884,038 |
School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption |
| T8 |
759,383,226 |
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 |
848,884,038 |
T7 minus 50% of the loss to the local optional percentage homestead exemption |
| T10 |
759,383,226 |
T8 minus 50% of the loss to the local optional percentage homestead exemption |
| T14 |
888,064,038 |
T13 plus the loss to the chapter 313 agreement |
| T16 |
914,184,038 |
T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T18 |
759,383,226 |
T17 plus the loss to the chapter 313 agreement |
MISCELLANEOUS LOSS AMOUNTS
| Measure | Value | Description |
|---|
| LOSS_INCR_HMSTD |
89,500,812 |
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 |
39,180,000 |
Loss to the previous increase in the state-mandated homestead |
| LOSS_SCND_INCR_HMSTD |
26,120,000 |
Loss to Second Previous Homestead Increase |
THE PVS FOUND YOUR LOCAL VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS INELIGIBLE FOR GRACE
202-903-02/Hemphill ISD
| Category |
Local Tax Roll Value |
2023 WTD Mean Ratio |
2023 PTAD Value Estimate |
2023 Value Assigned |
| A - SINGLE-FAMILY |
778,363,020 |
0.9112 |
854,217,537 |
854,217,537 |
| B - MULTIFAMILY |
406,448 |
N/A |
406,448 |
406,448 |
| C1 - VACANT LOTS |
45,017,460 |
0.9046 |
49,765,045 |
49,765,045 |
| C2 - COLONIA LOTS |
0 |
N/A |
0 |
0 |
| D1 ACRES - QUALIFIED OPEN-SPACE LAND |
21,436,770 |
1.1805 |
18,158,600 |
18,158,600 |
| D2 - FARM & RANCH IMP |
2,891,500 |
N/A |
2,891,500 |
2,891,500 |
| E - NON-AG LAND AND IMPROVEMENTS |
103,722,610 |
1.0220 |
101,489,834 |
101,489,834 |
| F1 - COMMERCIAL REAL |
71,174,153 |
1.0041 |
70,883,531 |
70,883,531 |
| F2 - INDUSTRIAL REAL |
457,190 |
N/A |
457,190 |
457,190 |
| G - ALL MINERALS |
2,046,600 |
N/A |
2,046,600 |
2,046,600 |
| J - ALL UTILITIES |
39,522,620 |
N/A |
39,522,620 |
39,522,620 |
| L1 - COMMERCIAL PERSONAL |
13,600,441 |
N/A |
13,600,441 |
13,600,441 |
| L2 - INDUSTRIAL PERSONAL |
5,989,150 |
N/A |
5,989,150 |
5,989,150 |
| M1 - MOBILE HOMES |
26,940,721 |
N/A |
26,940,721 |
26,940,721 |
| N - INTANGIBLE PERSONAL PROPERTY |
0 |
N/A |
0 |
0 |
| O - RESIDENTIAL INVENTORY |
239,420 |
N/A |
239,420 |
239,420 |
| S - SPECIAL INVENTORY |
0 |
N/A |
0 |
0 |
| Subtotal |
1,111,808,103 |
|
1,186,608,637 |
1,186,608,637 |
| Less Total Deductions |
393,516,758 |
|
427,225,411 |
427,225,411 |
| Total Taxable Value |
718,291,345 |
|
759,383,226 |
759,383,226 |
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 |
848,884,038 |
School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption |
| T2 |
759,383,226 |
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 |
848,884,038 |
T1 minus 50% of the loss to the local optional percentage homestead exemption |
| T4 |
759,383,226 |
T2 minus 50% of the loss to the local optional percentage homestead exemption |
| T13 |
888,064,038 |
T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions |
| T15 |
914,184,038 |
T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T17 |
759,383,226 |
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 |
848,884,038 |
School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption |
| T8 |
759,383,226 |
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 |
848,884,038 |
T7 minus 50% of the loss to the local optional percentage homestead exemption |
| T10 |
759,383,226 |
T8 minus 50% of the loss to the local optional percentage homestead exemption |
| T14 |
888,064,038 |
T13 plus the loss to the chapter 313 agreement |
| T16 |
914,184,038 |
T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T18 |
759,383,226 |
T17 plus the loss to the chapter 313 agreement |
MISCELLANEOUS LOSS AMOUNTS
| Measure | Value | Description |
|---|
| LOSS_INCR_HMSTD |
89,500,812 |
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 |
39,180,000 |
Loss to the previous increase in the state-mandated homestead |
| LOSS_SCND_INCR_HMSTD |
26,120,000 |
Loss to Second Previous Homestead Increase |
