taxes Property Tax Assistance

2018 ISD Summary Worksheet

237-Waller

237-902/Hempstead ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	230,042,587	0.9127	252,046,222	230,042,587
B. MULTIFAMILY RESIDENCES	11,134,880	N/A	11,134,880	11,134,880
C1. VACANT LOTS	19,194,851	N/A	19,194,851	19,194,851
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	10,661,704	1.1564	9,219,585	10,661,704
D2. REAL PROP:FARM & RANCH	18,665,013	N/A	18,665,013	18,665,013
E. REAL PROP NONQUAL ACREAGE	234,757,786	0.9153	256,481,794	234,757,786
F1. COMMERCIAL REAL	78,254,893	0.9348	83,712,979	78,254,893
F2. INDUSTRIAL REAL	4,127,820	N/A	4,127,820	4,127,820
G. OIL,GAS,MINERALS	410,121	N/A	410,121	410,121
J. UTILITIES	21,063,020	N/A	21,063,020	21,063,020
L1. COMMERCIAL PERSONAL	38,049,650	0.9857	38,601,654	38,049,650
L2. INDUSTRIAL PERSONAL	2,435,550	N/A	2,435,550	2,435,550
M. MOBILE HOMES	6,129,870	N/A	6,129,870	6,129,870
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	144,740	N/A	144,740	144,740
Subtotal	675,072,485	0	723,368,099	675,072,485
Less Total Deductions	88,806,053	0	99,864,638	88,806,053
Total Taxable Value	586,266,432	0	623,503,461	586,266,432

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

T1	T2	T3	T4
599,871,680	586,266,432	599,871,680	586,266,432

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
13,605,248	0

T1 = School district taxable value for M & O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the additional $10,000 homestead exemption and the tax ceiling reduction

T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I & S Purposes

T7	T8	T9	T10
599,871,680	586,266,432	599,871,680	586,266,432

T7 = School district taxable value for I & S purposes before the loss to the additional $10, 000 homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the additional $10, 000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50 % of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50 % of the loss to the local optional percentage homestead exemption

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

237-902-02/Hempstead ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	230,042,587	0.9127	252,046,222	230,042,587
B. MULTIFAMILY RESIDENCES	11,134,880	N/A	11,134,880	11,134,880
C1. VACANT LOTS	19,194,851	N/A	19,194,851	19,194,851
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	10,661,704	1.1564	9,219,585	10,661,704
D2. REAL PROP:FARM & RANCH	18,665,013	N/A	18,665,013	18,665,013
E. REAL PROP NONQUAL ACREAGE	234,757,786	0.9153	256,481,794	234,757,786
F1. COMMERCIAL REAL	78,254,893	0.9348	83,712,979	78,254,893
F2. INDUSTRIAL REAL	4,127,820	N/A	4,127,820	4,127,820
G. OIL,GAS,MINERALS	410,121	N/A	410,121	410,121
J. UTILITIES	21,063,020	N/A	21,063,020	21,063,020
L1. COMMERCIAL PERSONAL	38,049,650	0.9857	38,601,654	38,049,650
L2. INDUSTRIAL PERSONAL	2,435,550	N/A	2,435,550	2,435,550
M. MOBILE HOMES	6,129,870	N/A	6,129,870	6,129,870
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	144,740	N/A	144,740	144,740
Subtotal	675,072,485		723,368,099	675,072,485
Less Total Deductions	88,806,053		99,864,638	88,806,053
Total Taxable Value	586,266,432		623,503,461	586,266,432

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

T1	T2	T3	T4
599,871,680	586,266,432	599,871,680	586,266,432

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
13,605,248	0

T1 = School district taxable value for M & O purposes before the loss to the additional $10, 000 homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the additional $10, 000 homestead exemption and the tax ceiling reduction

T3 = T1 minus 50 % of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50 % of the loss to the local optional percentage homestead exemption

Value Taxable For I & S Purposes

T7	T8	T9	T10
599,871,680	586,266,432	599,871,680	586,266,432

T7 = School district taxable value for I & S purposes before the loss to the additional $10, 000 homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the additional $10, 000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50 % of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50 % of the loss to the local optional percentage homestead exemption