taxes Property Tax Assistance

2020 ISD Summary Worksheet

177-Nolan /Nolan County

177-905/Highland ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	1,053,940	N/A	1,053,940	1,053,940
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	55,740	N/A	55,740	55,740
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	11,341,744	1.2103	9,370,704	11,341,744
D2 - FARM & RANCH IMP	3,395,860	N/A	3,395,860	3,395,860
E - NON-AG LAND AND IMPROVEMENTS	21,114,230	1.0472	20,162,557	21,114,230
F1 - COMMERCIAL REAL	308,160	N/A	308,160	308,160
F2 - INDUSTRIAL REAL	84,900,770	N/A	84,900,770	84,900,770
G - ALL MINERALS	12,933,400	0.9869	13,105,077	12,933,400
J - ALL UTILITIES	60,299,370	0.9797	61,548,811	60,299,370
L1 - COMMERCIAL PERSONAL	1,678,010	N/A	1,678,010	1,678,010
L2 - INDUSTRIAL PERSONAL	408,120,630	N/A	408,120,630	408,120,630
M1 - MOBILE HOMES	463,810	N/A	463,810	463,810
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	605,665,664	0	604,164,069	605,665,664
Less Total Deductions	300,710,177	0	300,710,177	300,710,177
Total Taxable Value	304,955,487	0	303,453,892	304,955,487

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
305,898,547	304,955,487	305,898,547	304,955,487

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
943,060	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
584,472,847	583,529,787	584,472,847	583,529,787

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 LOCAL VALUE IS GREATER THAN PTAD VALUE

177-905-02/Highland ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	1,053,940	N/A	1,053,940	1,053,940
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	55,740	N/A	55,740	55,740
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	11,341,744	1.2103	9,370,704	11,341,744
D2 - FARM & RANCH IMP	3,395,860	N/A	3,395,860	3,395,860
E - NON-AG LAND AND IMPROVEMENTS	21,114,230	1.0472	20,162,557	21,114,230
F1 - COMMERCIAL REAL	308,160	N/A	308,160	308,160
F2 - INDUSTRIAL REAL	84,900,770	N/A	84,900,770	84,900,770
G - ALL MINERALS	12,933,400	0.9869	13,105,077	12,933,400
J - ALL UTILITIES	60,299,370	0.9797	61,548,811	60,299,370
L1 - COMMERCIAL PERSONAL	1,678,010	N/A	1,678,010	1,678,010
L2 - INDUSTRIAL PERSONAL	408,120,630	N/A	408,120,630	408,120,630
M1 - MOBILE HOMES	463,810	N/A	463,810	463,810
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	605,665,664		604,164,069	605,665,664
Less Total Deductions	300,710,177		300,710,177	300,710,177
Total Taxable Value	304,955,487		303,453,892	304,955,487

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
305,898,547	304,955,487	305,898,547	304,955,487

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
943,060	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
584,472,847	583,529,787	584,472,847	583,529,787

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