taxes Property Tax Assistance

2019 ISD Summary Worksheet

208-Scurry

208-901/Hermleigh ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	12,668,645	N/A	12,668,645	12,668,645
C1. VACANT LOTS	105,877	N/A	105,877	105,877
D1. QUALIFIED AG LAND	14,114,441	N/A	14,114,441	14,114,441
D2. REAL PROP:FARM & RANCH	2,285,488	N/A	2,285,488	2,285,488
E. REAL PROP NONQUAL ACREAGE	20,126,388	N/A	20,126,388	20,126,388
F1. COMMERCIAL REAL	2,857,086	N/A	2,857,086	2,857,086
F2. INDUSTRIAL REAL	87,499,014	N/A	87,499,014	87,499,014
G. OIL,GAS,MINERALS	67,826,137	N/A	67,826,137	67,826,137
J. UTILITIES	52,167,038	N/A	52,167,038	52,167,038
L1. COMMERCIAL PERSONAL	1,482,441	N/A	1,482,441	1,482,441
L2. INDUSTRIAL PERSONAL	6,494,500	N/A	6,494,500	6,494,500
M. MOBILE HOMES	1,470,811	N/A	1,470,811	1,470,811
Subtotal	269,097,866	0	269,097,866	269,097,866
Less Total Deductions	8,884,868	0	8,884,868	8,884,868
Total Taxable Value	260,212,998	0	260,212,998	260,212,998

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
261,912,893	260,212,998	261,912,893	260,212,998

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
1,699,895	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
261,912,893	260,212,998	261,912,893	260,212,998

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

208-901-02/Hermleigh ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	12,668,645	N/A	12,668,645	12,668,645
C1. VACANT LOTS	105,877	N/A	105,877	105,877
D1. QUALIFIED AG LAND	14,114,441	N/A	14,114,441	14,114,441
D2. REAL PROP:FARM & RANCH	2,285,488	N/A	2,285,488	2,285,488
E. REAL PROP NONQUAL ACREAGE	20,126,388	N/A	20,126,388	20,126,388
F1. COMMERCIAL REAL	2,857,086	N/A	2,857,086	2,857,086
F2. INDUSTRIAL REAL	87,499,014	N/A	87,499,014	87,499,014
G. OIL,GAS,MINERALS	67,826,137	N/A	67,826,137	67,826,137
J. UTILITIES	52,167,038	N/A	52,167,038	52,167,038
L1. COMMERCIAL PERSONAL	1,482,441	N/A	1,482,441	1,482,441
L2. INDUSTRIAL PERSONAL	6,494,500	N/A	6,494,500	6,494,500
M. MOBILE HOMES	1,470,811	N/A	1,470,811	1,470,811
Subtotal	269,097,866		269,097,866	269,097,866
Less Total Deductions	8,884,868		8,884,868	8,884,868
Total Taxable Value	260,212,998		260,212,998	260,212,998

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
261,912,893	260,212,998	261,912,893	260,212,998

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
1,699,895	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
261,912,893	260,212,998	261,912,893	260,212,998

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