taxes Property Tax Assistance

2019 ISD Summary Worksheet

072-Erath

072-908/Huckabay ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 9,300,980 0.9920 9,375,988 9,300,980
B. MULTIFAMILY RESIDENCES 3,992,020 N/A 3,992,020 3,992,020
C1. VACANT LOTS 419,430 N/A 419,430 419,430
D1. QUALIFIED AG LAND 11,777,490 1.4966 7,869,244 11,777,490
D2. REAL PROP:FARM & RANCH 2,763,700 N/A 2,763,700 2,763,700
E. REAL PROP NONQUAL ACREAGE 107,762,520 0.9526 113,124,627 107,762,520
F1. COMMERCIAL REAL 2,223,710 N/A 2,223,710 2,223,710
F2. INDUSTRIAL REAL 110,748,650 N/A 110,748,650 110,748,650
G. OIL,GAS,MINERALS 875,690 N/A 875,690 875,690
J. UTILITIES 40,807,530 0.9665 42,221,966 40,807,530
L1. COMMERCIAL PERSONAL 5,126,040 N/A 5,126,040 5,126,040
L2. INDUSTRIAL PERSONAL 37,650 N/A 37,650 37,650
M. MOBILE HOMES 1,709,300 N/A 1,709,300 1,709,300
Subtotal 297,544,710 0 300,488,015 297,544,710
Less Total Deductions 119,029,204 0 119,224,850 119,029,204
Total Taxable Value 178,515,506 0 181,263,165 178,515,506

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
182,085,787 178,515,506 182,085,787 178,515,506


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,570,281 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
282,865,847 279,295,566 282,865,847 279,295,566

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

072-908-02/Huckabay ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 9,300,980 0.9920 9,375,988 9,300,980
B. MULTIFAMILY RESIDENCES 3,992,020 N/A 3,992,020 3,992,020
C1. VACANT LOTS 419,430 N/A 419,430 419,430
D1. QUALIFIED AG LAND 11,777,490 1.4966 7,869,244 11,777,490
D2. REAL PROP:FARM & RANCH 2,763,700 N/A 2,763,700 2,763,700
E. REAL PROP NONQUAL ACREAGE 107,762,520 0.9526 113,124,627 107,762,520
F1. COMMERCIAL REAL 2,223,710 N/A 2,223,710 2,223,710
F2. INDUSTRIAL REAL 110,748,650 N/A 110,748,650 110,748,650
G. OIL,GAS,MINERALS 875,690 N/A 875,690 875,690
J. UTILITIES 40,807,530 0.9665 42,221,966 40,807,530
L1. COMMERCIAL PERSONAL 5,126,040 N/A 5,126,040 5,126,040
L2. INDUSTRIAL PERSONAL 37,650 N/A 37,650 37,650
M. MOBILE HOMES 1,709,300 N/A 1,709,300 1,709,300
Subtotal 297,544,710 300,488,015 297,544,710
Less Total Deductions 119,029,204 119,224,850 119,029,204
Total Taxable Value 178,515,506 181,263,165 178,515,506

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
182,085,787 178,515,506 182,085,787 178,515,506


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
3,570,281 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
282,865,847 279,295,566 282,865,847 279,295,566

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