taxes Property Tax Assistance

2023 ISD Summary Worksheet

252-Young/Young County

252-902/Newcastle ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 11,822,210 0.9141 12,933,169 11,822,210
B - MULTIFAMILY 565,820 N/A 565,820 565,820
C1 - VACANT LOTS 288,700 N/A 288,700 288,700
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 10,404,691 1.1465 9,074,923 10,404,691
D2 - FARM & RANCH IMP 2,992,715 N/A 2,992,715 2,992,715
E - NON-AG LAND AND IMPROVEMENTS 40,888,006 0.8960 45,633,935 40,888,006
F1 - COMMERCIAL REAL 3,533,000 N/A 3,533,000 3,533,000
F2 - INDUSTRIAL REAL 462,976,500 N/A 462,976,500 462,976,500
G - ALL MINERALS 16,292,160 1.0056 16,201,432 16,292,160
J - ALL UTILITIES 16,215,780 0.9643 16,816,115 16,215,780
L1 - COMMERCIAL PERSONAL 1,768,410 N/A 1,768,410 1,768,410
L2 - INDUSTRIAL PERSONAL 212,400 N/A 212,400 212,400
M1 - MOBILE HOMES 564,830 N/A 564,830 564,830
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 568,525,222 0 573,561,949 568,525,222
Less Total Deductions 471,168,312 0 472,620,605 471,168,312
Total Taxable Value 97,356,910 0 100,941,344 97,356,910

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 101,749,522 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 97,356,910 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 101,749,522 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 97,356,910 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 106,129,522 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 109,049,522 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 98,007,105 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 549,726,022 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 545,333,410 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 549,726,022 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 545,333,410 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 554,106,022 T13 plus the loss to the chapter 313 agreement
T16 557,026,022 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 545,983,605 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 4,392,612 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 4,380,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 2,920,000 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

252-902-02/Newcastle ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 11,822,210 0.9141 12,933,169 11,822,210
B - MULTIFAMILY 565,820 N/A 565,820 565,820
C1 - VACANT LOTS 288,700 N/A 288,700 288,700
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 10,404,691 1.1465 9,074,923 10,404,691
D2 - FARM & RANCH IMP 2,992,715 N/A 2,992,715 2,992,715
E - NON-AG LAND AND IMPROVEMENTS 40,888,006 0.8960 45,633,935 40,888,006
F1 - COMMERCIAL REAL 3,533,000 N/A 3,533,000 3,533,000
F2 - INDUSTRIAL REAL 462,976,500 N/A 462,976,500 462,976,500
G - ALL MINERALS 16,292,160 1.0056 16,201,432 16,292,160
J - ALL UTILITIES 16,215,780 0.9643 16,816,115 16,215,780
L1 - COMMERCIAL PERSONAL 1,768,410 N/A 1,768,410 1,768,410
L2 - INDUSTRIAL PERSONAL 212,400 N/A 212,400 212,400
M1 - MOBILE HOMES 564,830 N/A 564,830 564,830
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 568,525,222 573,561,949 568,525,222
Less Total Deductions 471,168,312 472,620,605 471,168,312
Total Taxable Value 97,356,910 100,941,344 97,356,910

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 101,749,522 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 97,356,910 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 101,749,522 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 97,356,910 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 106,129,522 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 109,049,522 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 98,007,105 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 549,726,022 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 545,333,410 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 549,726,022 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 545,333,410 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 554,106,022 T13 plus the loss to the chapter 313 agreement
T16 557,026,022 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 545,983,605 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 4,392,612 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 4,380,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 2,920,000 Loss to Second Previous Homestead Increase