taxes Property Tax Assistance

2019 ISD Summary Worksheet

035-Castro

059-901/Hereford ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 934,580 N/A 934,580 934,580
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 50,380 N/A 50,380 50,380
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 6,533,360 N/A 6,533,360 6,533,360
D2. REAL PROP:FARM & RANCH 4,547,900 N/A 4,547,900 4,547,900
E. REAL PROP NONQUAL ACREAGE 2,757,130 N/A 2,757,130 2,757,130
F1. COMMERCIAL REAL 238,280 N/A 238,280 238,280
F2. INDUSTRIAL REAL 3,107,930 N/A 3,107,930 3,107,930
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 10,482,590 N/A 10,482,590 10,482,590
L1. COMMERCIAL PERSONAL 1,910 N/A 1,910 1,910
L2. INDUSTRIAL PERSONAL 5,279,200 N/A 5,279,200 5,279,200
M. MOBILE HOMES 192,330 N/A 192,330 192,330
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 34,125,590 0 34,125,590 34,125,590
Less Total Deductions 815,364 0 815,364 815,364
Total Taxable Value 33,310,226 0 33,310,226 33,310,226

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

T1 T2 T3 T4
33,492,536 33,310,226 33,492,536 33,310,226


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
182,310 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
33,492,536 33,310,226 33,492,536 33,310,226

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 TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

059-901-02/Hereford ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 934,580 N/A 934,580 934,580
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 50,380 N/A 50,380 50,380
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 6,533,360 N/A 6,533,360 6,533,360
D2. REAL PROP:FARM & RANCH 4,547,900 N/A 4,547,900 4,547,900
E. REAL PROP NONQUAL ACREAGE 2,757,130 N/A 2,757,130 2,757,130
F1. COMMERCIAL REAL 238,280 N/A 238,280 238,280
F2. INDUSTRIAL REAL 3,107,930 N/A 3,107,930 3,107,930
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 10,482,590 N/A 10,482,590 10,482,590
L1. COMMERCIAL PERSONAL 1,910 N/A 1,910 1,910
L2. INDUSTRIAL PERSONAL 5,279,200 N/A 5,279,200 5,279,200
M. MOBILE HOMES 192,330 N/A 192,330 192,330
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 34,125,590 34,125,590 34,125,590
Less Total Deductions 815,364 815,364 815,364
Total Taxable Value 33,310,226 33,310,226 33,310,226

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

T1 T2 T3 T4
33,492,536 33,310,226 33,492,536 33,310,226


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
182,310 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
33,492,536 33,310,226 33,492,536 33,310,226

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