taxes Property Tax Assistance

2019 ISD Summary Worksheet

098-Hansford

098-904/Spearman ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 106,226,613 0.9659 109,976,823 106,226,613
B. MULTIFAMILY RESIDENCES 1,293,286 N/A 1,293,286 1,293,286
C1. VACANT LOTS 1,875,072 N/A 1,875,072 1,875,072
D1. QUALIFIED AG LAND 24,304,924 0.9531 25,502,061 24,304,924
D2. REAL PROP:FARM & RANCH 8,973,367 N/A 8,973,367 8,973,367
E. REAL PROP NONQUAL ACREAGE 12,548,143 0.9868 12,715,994 12,548,143
F1. COMMERCIAL REAL 15,849,667 0.9485 16,710,245 15,849,667
F2. INDUSTRIAL REAL 46,876,700 N/A 46,876,700 46,876,700
G. OIL,GAS,MINERALS 35,237,150 0.9977 35,318,382 35,237,150
J. UTILITIES 27,297,540 0.9736 28,037,736 27,297,540
L1. COMMERCIAL PERSONAL 9,994,152 N/A 9,994,152 9,994,152
L2. INDUSTRIAL PERSONAL 26,612,312 N/A 26,612,312 26,612,312
M. MOBILE HOMES 1,262,766 N/A 1,262,766 1,262,766
S. SPECIAL INVENTORY 1,435,014 N/A 1,435,014 1,435,014
Subtotal 319,786,706 0 326,583,910 319,786,706
Less Total Deductions 60,304,348 0 61,493,379 60,304,348
Total Taxable Value 259,482,358 0 265,090,531 259,482,358

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
267,403,074 259,482,358 267,403,074 259,482,358


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
7,920,716 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
288,136,024 280,215,308 288,136,024 280,215,308

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

098-904-02/Spearman ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 106,226,613 0.9659 109,976,823 106,226,613
B. MULTIFAMILY RESIDENCES 1,293,286 N/A 1,293,286 1,293,286
C1. VACANT LOTS 1,875,072 N/A 1,875,072 1,875,072
D1. QUALIFIED AG LAND 24,304,924 0.9531 25,502,061 24,304,924
D2. REAL PROP:FARM & RANCH 8,973,367 N/A 8,973,367 8,973,367
E. REAL PROP NONQUAL ACREAGE 12,548,143 0.9868 12,715,994 12,548,143
F1. COMMERCIAL REAL 15,849,667 0.9485 16,710,245 15,849,667
F2. INDUSTRIAL REAL 46,876,700 N/A 46,876,700 46,876,700
G. OIL,GAS,MINERALS 35,237,150 0.9977 35,318,382 35,237,150
J. UTILITIES 27,297,540 0.9736 28,037,736 27,297,540
L1. COMMERCIAL PERSONAL 9,994,152 N/A 9,994,152 9,994,152
L2. INDUSTRIAL PERSONAL 26,612,312 N/A 26,612,312 26,612,312
M. MOBILE HOMES 1,262,766 N/A 1,262,766 1,262,766
S. SPECIAL INVENTORY 1,435,014 N/A 1,435,014 1,435,014
Subtotal 319,786,706 326,583,910 319,786,706
Less Total Deductions 60,304,348 61,493,379 60,304,348
Total Taxable Value 259,482,358 265,090,531 259,482,358

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
267,403,074 259,482,358 267,403,074 259,482,358


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
7,920,716 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
288,136,024 280,215,308 288,136,024 280,215,308

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