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