taxes Property Tax Assistance

2019 ISD Summary Worksheet

172-Morris

034-903/Hughes Springs ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	1,177,830	N/A	1,177,830	1,177,830
B. MULTIFAMILY RESIDENCES	665,660	N/A	665,660	665,660
C1. VACANT LOTS	291,390	N/A	291,390	291,390
D1. QUALIFIED AG LAND	533,640	N/A	533,640	533,640
D2. REAL PROP:FARM & RANCH	19,820	N/A	19,820	19,820
E. REAL PROP NONQUAL ACREAGE	9,098,810	N/A	9,098,810	9,098,810
F1. COMMERCIAL REAL	179,260	N/A	179,260	179,260
F2. INDUSTRIAL REAL	6,582,900	N/A	6,582,900	6,582,900
G. OIL,GAS,MINERALS	1,820,740	N/A	1,820,740	1,820,740
J. UTILITIES	1,736,180	N/A	1,736,180	1,736,180
L1. COMMERCIAL PERSONAL	21,520	N/A	21,520	21,520
L2. INDUSTRIAL PERSONAL	67,677,810	N/A	67,677,810	67,677,810
M. MOBILE HOMES	3,410	N/A	3,410	3,410
Subtotal	89,808,970	0	89,808,970	89,808,970
Less Total Deductions	847,049	0	847,049	847,049
Total Taxable Value	88,961,921	0	88,961,921	88,961,921

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
89,211,381	88,961,921	89,211,381	88,961,921

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
249,460	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
89,211,381	88,961,921	89,211,381	88,961,921

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

034-903-02/Hughes Springs ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	1,177,830	N/A	1,177,830	1,177,830
B. MULTIFAMILY RESIDENCES	665,660	N/A	665,660	665,660
C1. VACANT LOTS	291,390	N/A	291,390	291,390
D1. QUALIFIED AG LAND	533,640	N/A	533,640	533,640
D2. REAL PROP:FARM & RANCH	19,820	N/A	19,820	19,820
E. REAL PROP NONQUAL ACREAGE	9,098,810	N/A	9,098,810	9,098,810
F1. COMMERCIAL REAL	179,260	N/A	179,260	179,260
F2. INDUSTRIAL REAL	6,582,900	N/A	6,582,900	6,582,900
G. OIL,GAS,MINERALS	1,820,740	N/A	1,820,740	1,820,740
J. UTILITIES	1,736,180	N/A	1,736,180	1,736,180
L1. COMMERCIAL PERSONAL	21,520	N/A	21,520	21,520
L2. INDUSTRIAL PERSONAL	67,677,810	N/A	67,677,810	67,677,810
M. MOBILE HOMES	3,410	N/A	3,410	3,410
Subtotal	89,808,970		89,808,970	89,808,970
Less Total Deductions	847,049		847,049	847,049
Total Taxable Value	88,961,921		88,961,921	88,961,921

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
89,211,381	88,961,921	89,211,381	88,961,921

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
249,460	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
89,211,381	88,961,921	89,211,381	88,961,921

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