taxes Property Tax Assistance

2020 ISD Summary Worksheet

212-Smith /Smith County

212-901/Arp ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 305,010,250 N/A 305,010,250 305,010,250
B - MULTIFAMILY 1,000,571 N/A 1,000,571 1,000,571
C1 - VACANT LOTS 14,540,366 N/A 14,540,366 14,540,366
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,458,574 N/A 5,458,574 5,458,574
D2 - FARM & RANCH IMP 3,562,833 N/A 3,562,833 3,562,833
E - NON-AG LAND AND IMPROVEMENTS 89,991,590 N/A 89,991,590 89,991,590
F1 - COMMERCIAL REAL 8,003,122 N/A 8,003,122 8,003,122
F2 - INDUSTRIAL REAL 1,575,453 N/A 1,575,453 1,575,453
G - ALL MINERALS 19,062,973 N/A 19,062,973 19,062,973
J - ALL UTILITIES 38,210,104 N/A 38,210,104 38,210,104
L1 - COMMERCIAL PERSONAL 5,446,905 N/A 5,446,905 5,446,905
L2 - INDUSTRIAL PERSONAL 6,986,087 N/A 6,986,087 6,986,087
M1 - MOBILE HOMES 5,041,515 N/A 5,041,515 5,041,515
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 662,130 N/A 662,130 662,130
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 504,552,473 0 504,552,473 504,552,473
Less Total Deductions 110,938,796 0 110,938,796 110,938,796
Total Taxable Value 393,613,677 0 393,613,677 393,613,677

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
407,359,562 393,613,677 379,031,555 365,285,670


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
13,745,885 28,328,007


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
407,359,562 393,613,677 379,031,555 365,285,670

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

212-901-02/Arp ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 305,010,250 N/A 305,010,250 305,010,250
B - MULTIFAMILY 1,000,571 N/A 1,000,571 1,000,571
C1 - VACANT LOTS 14,540,366 N/A 14,540,366 14,540,366
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,458,574 N/A 5,458,574 5,458,574
D2 - FARM & RANCH IMP 3,562,833 N/A 3,562,833 3,562,833
E - NON-AG LAND AND IMPROVEMENTS 89,991,590 N/A 89,991,590 89,991,590
F1 - COMMERCIAL REAL 8,003,122 N/A 8,003,122 8,003,122
F2 - INDUSTRIAL REAL 1,575,453 N/A 1,575,453 1,575,453
G - ALL MINERALS 19,062,973 N/A 19,062,973 19,062,973
J - ALL UTILITIES 38,210,104 N/A 38,210,104 38,210,104
L1 - COMMERCIAL PERSONAL 5,446,905 N/A 5,446,905 5,446,905
L2 - INDUSTRIAL PERSONAL 6,986,087 N/A 6,986,087 6,986,087
M1 - MOBILE HOMES 5,041,515 N/A 5,041,515 5,041,515
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 662,130 N/A 662,130 662,130
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 504,552,473 504,552,473 504,552,473
Less Total Deductions 110,938,796 110,938,796 110,938,796
Total Taxable Value 393,613,677 393,613,677 393,613,677

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
407,359,562 393,613,677 379,031,555 365,285,670


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
13,745,885 28,328,007


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
407,359,562 393,613,677 379,031,555 365,285,670

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