taxes Property Tax Assistance

2019 ISD Summary Worksheet

044-Collingsworth

065-902/Hedley ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 473,310 N/A 473,310 473,310
C1. VACANT LOTS 8,400 N/A 8,400 8,400
C2. COLONIA LOTS 1,500 N/A 1,500 1,500
D1. QUALIFIED AG LAND 6,735,774 0.6557 10,271,972 10,271,972
D2. REAL PROP:FARM & RANCH 797,570 0.9193 867,584 867,584
E. REAL PROP NONQUAL ACREAGE 1,473,840 1.0095 1,459,970 1,459,970
F1. COMMERCIAL REAL 277,390 N/A 277,390 277,390
G. OIL,GAS,MINERALS 1,300 N/A 1,300 1,300
J. UTILITIES 311,700 N/A 311,700 311,700
L1. COMMERCIAL PERSONAL 83,610 N/A 83,610 83,610
L2. INDUSTRIAL PERSONAL 63,510 N/A 63,510 63,510
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 10,227,904 0 13,820,246 13,820,246
Less Total Deductions 698,690 0 698,690 698,690
Total Taxable Value 9,529,214 0 13,121,556 13,121,556

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
13,268,816 13,121,556 13,268,816 13,121,556


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
147,260 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
13,268,816 13,121,556 13,268,816 13,121,556

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 TAXABLE VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR LOCAL VALUE DID NOT EXCEED THE STATE VALUE AND: 1) WAS INVALID IN ONE OR MORE OF THE PREVIOUS TWO YEARS OR 2) IS LESS THAN 90% OF THE LOWER END OF THE MARGIN OF ERROR RANGE OR 3) THE APPRAISAL DISTRICT THAT APPRAISES PROPERTY FOR THE SCHOOL DISTRICT WAS NOT IN COMPLIANCE WITH THE SCORING REQUIREMENT OF THE COMPTROLLER'S MOST RECENT REVIEW OF THE APPRAISAL DISTRICT CONDUCTED UNDER SECTION 5.102, TAX CODE (MAP REVIEW)

065-902-02/Hedley ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 473,310 N/A 473,310 473,310
C1. VACANT LOTS 8,400 N/A 8,400 8,400
C2. COLONIA LOTS 1,500 N/A 1,500 1,500
D1. QUALIFIED AG LAND 6,735,774 0.6557 10,271,972 10,271,972
D2. REAL PROP:FARM & RANCH 797,570 0.9193 867,584 867,584
E. REAL PROP NONQUAL ACREAGE 1,473,840 1.0095 1,459,970 1,459,970
F1. COMMERCIAL REAL 277,390 N/A 277,390 277,390
G. OIL,GAS,MINERALS 1,300 N/A 1,300 1,300
J. UTILITIES 311,700 N/A 311,700 311,700
L1. COMMERCIAL PERSONAL 83,610 N/A 83,610 83,610
L2. INDUSTRIAL PERSONAL 63,510 N/A 63,510 63,510
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 10,227,904 13,820,246 13,820,246
Less Total Deductions 698,690 698,690 698,690
Total Taxable Value 9,529,214 13,121,556 13,121,556

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
13,268,816 13,121,556 13,268,816 13,121,556


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
147,260 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
13,268,816 13,121,556 13,268,816 13,121,556

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