taxes Property Tax Assistance

2023 ISD Summary Worksheet

216-Sterling/Sterling County

216-901/Sterling City ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 21,950,005 0.6012 36,510,321 21,950,005
B - MULTIFAMILY 565,432 N/A 565,432 565,432
C1 - VACANT LOTS 761,727 N/A 761,727 761,727
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,343,800 0.7906 6,758,889 5,343,800
D2 - FARM & RANCH IMP 3,095,977 N/A 3,095,977 3,095,977
E - NON-AG LAND AND IMPROVEMENTS 17,078,415 N/A 17,078,415 17,078,415
F1 - COMMERCIAL REAL 4,089,834 N/A 4,089,834 4,089,834
F2 - INDUSTRIAL REAL 607,279,080 N/A 607,279,080 607,279,080
G - ALL MINERALS 107,269,290 1.0150 105,684,030 107,269,290
J - ALL UTILITIES 328,937,610 0.9541 344,762,195 328,937,610
L1 - COMMERCIAL PERSONAL 1,968,235 N/A 1,968,235 1,968,235
L2 - INDUSTRIAL PERSONAL 17,651,050 N/A 17,651,050 17,651,050
M1 - MOBILE HOMES 649,186 N/A 649,186 649,186
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 1,116,639,641 0 1,146,854,371 1,116,639,641
Less Total Deductions 131,791,613 0 134,794,374 131,791,613
Total Taxable Value 984,848,028 0 1,012,059,997 984,848,028

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 990,326,133 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 984,848,028 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 990,326,133 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 984,848,028 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 995,186,133 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 998,426,133 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 985,654,124 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 1,091,655,093 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,086,176,988 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 1,091,655,093 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,086,176,988 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,096,515,093 T13 plus the loss to the chapter 313 agreement
T16 1,099,755,093 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 1,086,983,084 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 5,478,105 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 4,860,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 3,240,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

216-901-02/Sterling City ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 21,950,005 0.6012 36,510,321 21,950,005
B - MULTIFAMILY 565,432 N/A 565,432 565,432
C1 - VACANT LOTS 761,727 N/A 761,727 761,727
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,343,800 0.7906 6,758,889 5,343,800
D2 - FARM & RANCH IMP 3,095,977 N/A 3,095,977 3,095,977
E - NON-AG LAND AND IMPROVEMENTS 17,078,415 N/A 17,078,415 17,078,415
F1 - COMMERCIAL REAL 4,089,834 N/A 4,089,834 4,089,834
F2 - INDUSTRIAL REAL 607,279,080 N/A 607,279,080 607,279,080
G - ALL MINERALS 107,269,290 1.0150 105,684,030 107,269,290
J - ALL UTILITIES 328,937,610 0.9541 344,762,195 328,937,610
L1 - COMMERCIAL PERSONAL 1,968,235 N/A 1,968,235 1,968,235
L2 - INDUSTRIAL PERSONAL 17,651,050 N/A 17,651,050 17,651,050
M1 - MOBILE HOMES 649,186 N/A 649,186 649,186
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 1,116,639,641 1,146,854,371 1,116,639,641
Less Total Deductions 131,791,613 134,794,374 131,791,613
Total Taxable Value 984,848,028 1,012,059,997 984,848,028

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 990,326,133 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 984,848,028 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 990,326,133 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 984,848,028 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 995,186,133 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 998,426,133 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 985,654,124 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 1,091,655,093 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,086,176,988 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 1,091,655,093 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,086,176,988 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,096,515,093 T13 plus the loss to the chapter 313 agreement
T16 1,099,755,093 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 1,086,983,084 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 5,478,105 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 4,860,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 3,240,000 Loss to Second Previous Homestead Increase