taxes Property Tax Assistance

2020 ISD Summary Worksheet

202-Sabine /Sabine County

202-903/Hemphill ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 497,954,524 0.9023 551,872,464 551,872,464
B - MULTIFAMILY 413,068 N/A 413,068 413,068
C1 - VACANT LOTS 41,265,610 0.7099 58,128,765 58,128,765
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 20,378,710 0.9953 20,611,327 20,611,327
D2 - FARM & RANCH IMP 60,765,740 N/A 60,765,740 60,765,740
E - NON-AG LAND AND IMPROVEMENTS 11,837,420 1.0014 11,820,871 11,820,871
F1 - COMMERCIAL REAL 44,457,071 0.9143 48,624,162 48,624,162
F2 - INDUSTRIAL REAL 206,640 N/A 206,640 206,640
G - ALL MINERALS 1,536,670 N/A 1,536,670 1,536,670
J - ALL UTILITIES 35,538,980 N/A 35,538,980 35,538,980
L1 - COMMERCIAL PERSONAL 11,850,960 N/A 11,850,960 11,850,960
L2 - INDUSTRIAL PERSONAL 3,741,410 N/A 3,741,410 3,741,410
M1 - MOBILE HOMES 17,693,210 N/A 17,693,210 17,693,210
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 8,610 N/A 8,610 8,610
Subtotal 747,648,623 0 822,812,877 822,812,877
Less Total Deductions 160,369,017 0 182,079,476 182,079,476
Total Taxable Value 587,279,606 0 640,733,401 640,733,401

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
662,398,411 640,733,401 662,398,411 640,733,401


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
21,665,010 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
662,398,411 640,733,401 662,398,411 640,733,401

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 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 497,954,524 0.9023 551,872,464 551,872,464
B - MULTIFAMILY 413,068 N/A 413,068 413,068
C1 - VACANT LOTS 41,265,610 0.7099 58,128,765 58,128,765
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 20,378,710 0.9887 20,611,327 20,611,327
D2 - FARM & RANCH IMP 60,765,740 N/A 60,765,740 60,765,740
E - NON-AG LAND AND IMPROVEMENTS 11,837,420 1.0014 11,820,871 11,820,871
F1 - COMMERCIAL REAL 44,457,071 0.9143 48,624,162 48,624,162
F2 - INDUSTRIAL REAL 206,640 N/A 206,640 206,640
G - ALL MINERALS 1,536,670 N/A 1,536,670 1,536,670
J - ALL UTILITIES 35,538,980 N/A 35,538,980 35,538,980
L1 - COMMERCIAL PERSONAL 11,850,960 N/A 11,850,960 11,850,960
L2 - INDUSTRIAL PERSONAL 3,741,410 N/A 3,741,410 3,741,410
M1 - MOBILE HOMES 17,693,210 N/A 17,693,210 17,693,210
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 8,610 N/A 8,610 8,610
Subtotal 747,648,623 822,812,877 822,812,877
Less Total Deductions 160,369,017 182,079,476 182,079,476
Total Taxable Value 587,279,606 640,733,401 640,733,401

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
662,398,411 640,733,401 662,398,411 640,733,401


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
21,665,010 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
662,398,411 640,733,401 662,398,411 640,733,401

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