taxes Property Tax Assistance

2019 ISD Summary Worksheet

076-Fisher

127-903/Hamlin ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	387,460	N/A	387,460	387,460
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	27,270	N/A	27,270	27,270
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	7,523,900	0.8065	9,328,558	7,523,900
D2. REAL PROP:FARM & RANCH	807,440	N/A	807,440	807,440
E. REAL PROP NONQUAL ACREAGE	6,584,010	0.9871	6,670,054	6,584,010
F1. COMMERCIAL REAL	8,180	N/A	8,180	8,180
F2. INDUSTRIAL REAL	0	N/A	0	0
G. OIL,GAS,MINERALS	10,354,570	0.9992	10,362,860	10,354,570
J. UTILITIES	24,367,990	1.0494	23,220,879	24,367,990
L1. COMMERCIAL PERSONAL	82,200	N/A	82,200	82,200
L2. INDUSTRIAL PERSONAL	35,340	N/A	35,340	35,340
M. MOBILE HOMES	62,310	N/A	62,310	62,310
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	50,240,670	0	50,992,551	50,240,670
Less Total Deductions	2,632,214	0	2,632,214	2,632,214
Total Taxable Value	47,608,456	0	48,360,337	47,608,456

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
48,008,456	47,608,456	48,008,456	47,608,456

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
400,000	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
48,008,456	47,608,456	48,008,456	47,608,456

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

127-903-02/Hamlin ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	387,460	N/A	387,460	387,460
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	27,270	N/A	27,270	27,270
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	7,523,900	0.8065	9,328,558	7,523,900
D2. REAL PROP:FARM & RANCH	807,440	N/A	807,440	807,440
E. REAL PROP NONQUAL ACREAGE	6,584,010	0.9871	6,670,054	6,584,010
F1. COMMERCIAL REAL	8,180	N/A	8,180	8,180
F2. INDUSTRIAL REAL	0	N/A	0	0
G. OIL,GAS,MINERALS	10,354,570	0.9992	10,362,860	10,354,570
J. UTILITIES	24,367,990	1.0494	23,220,879	24,367,990
L1. COMMERCIAL PERSONAL	82,200	N/A	82,200	82,200
L2. INDUSTRIAL PERSONAL	35,340	N/A	35,340	35,340
M. MOBILE HOMES	62,310	N/A	62,310	62,310
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	50,240,670		50,992,551	50,240,670
Less Total Deductions	2,632,214		2,632,214	2,632,214
Total Taxable Value	47,608,456		48,360,337	47,608,456

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
48,008,456	47,608,456	48,008,456	47,608,456

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
400,000	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
48,008,456	47,608,456	48,008,456	47,608,456

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