taxes Property Tax Assistance

2019 ISD Summary Worksheet

202-Sabine

202-903/Hemphill ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 442,513,680 0.8296 533,406,075 533,406,075
B. MULTIFAMILY RESIDENCES 413,068 N/A 413,068 413,068
C1. VACANT LOTS 40,649,480 0.7028 57,839,328 57,839,328
D1. QUALIFIED AG LAND 19,684,340 0.9899 19,884,572 19,884,572
D2. REAL PROP:FARM & RANCH 1,650,728 N/A 1,650,728 1,650,728
E. REAL PROP NONQUAL ACREAGE 66,850,830 0.8511 78,546,387 78,546,387
F1. COMMERCIAL REAL 42,643,745 0.8476 50,311,167 50,311,167
F2. INDUSTRIAL REAL 139,430 N/A 139,430 139,430
G. OIL,GAS,MINERALS 1,622,410 N/A 1,622,410 1,622,410
J. UTILITIES 30,885,230 N/A 30,885,230 30,885,230
L1. COMMERCIAL PERSONAL 9,889,070 N/A 9,889,070 9,889,070
L2. INDUSTRIAL PERSONAL 3,884,800 N/A 3,884,800 3,884,800
M. MOBILE HOMES 15,802,910 N/A 15,802,910 15,802,910
Subtotal 676,629,721 0 804,275,175 804,275,175
Less Total Deductions 111,598,335 0 118,154,419 118,154,419
Total Taxable Value 565,031,386 0 686,120,756 686,120,756

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
707,503,276 686,120,756 707,503,276 686,120,756


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
21,382,520 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
707,503,276 686,120,756 707,503,276 686,120,756

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)

202-903-02/Hemphill ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 442,513,680 0.8296 533,406,075 533,406,075
B. MULTIFAMILY RESIDENCES 413,068 N/A 413,068 413,068
C1. VACANT LOTS 40,649,480 0.7028 57,839,328 57,839,328
D1. QUALIFIED AG LAND 19,684,340 0.9899 19,884,572 19,884,572
D2. REAL PROP:FARM & RANCH 1,650,728 N/A 1,650,728 1,650,728
E. REAL PROP NONQUAL ACREAGE 66,850,830 0.8511 78,546,387 78,546,387
F1. COMMERCIAL REAL 42,643,745 0.8476 50,311,167 50,311,167
F2. INDUSTRIAL REAL 139,430 N/A 139,430 139,430
G. OIL,GAS,MINERALS 1,622,410 N/A 1,622,410 1,622,410
J. UTILITIES 30,885,230 N/A 30,885,230 30,885,230
L1. COMMERCIAL PERSONAL 9,889,070 N/A 9,889,070 9,889,070
L2. INDUSTRIAL PERSONAL 3,884,800 N/A 3,884,800 3,884,800
M. MOBILE HOMES 15,802,910 N/A 15,802,910 15,802,910
Subtotal 676,629,721 804,275,175 804,275,175
Less Total Deductions 111,598,335 118,154,419 118,154,419
Total Taxable Value 565,031,386 686,120,756 686,120,756

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
707,503,276 686,120,756 707,503,276 686,120,756


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
21,382,520 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
707,503,276 686,120,756 707,503,276 686,120,756

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