taxes Property Tax Assistance

2020 ISD Summary Worksheet

225-Titus /Titus County

225-907/Harts Bluff ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 127,208,753 N/A 127,208,753 127,208,753
B - MULTIFAMILY 603,003 N/A 603,003 603,003
C1 - VACANT LOTS 1,391,557 N/A 1,391,557 1,391,557
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,947,861 N/A 1,947,861 1,947,861
D2 - FARM & RANCH IMP 2,330,249 N/A 2,330,249 2,330,249
E - NON-AG LAND AND IMPROVEMENTS 56,736,448 N/A 56,736,448 56,736,448
F1 - COMMERCIAL REAL 8,493,202 N/A 8,493,202 8,493,202
F2 - INDUSTRIAL REAL 178,157 N/A 178,157 178,157
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 10,819,070 N/A 10,819,070 10,819,070
L1 - COMMERCIAL PERSONAL 967,440 N/A 967,440 967,440
L2 - INDUSTRIAL PERSONAL 2,154,060 N/A 2,154,060 2,154,060
M1 - MOBILE HOMES 2,695,351 N/A 2,695,351 2,695,351
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 876,583 N/A 876,583 876,583
S - SPECIAL INVENTORY 6,791 N/A 6,791 6,791
Subtotal 216,408,525 0 216,408,525 216,408,525
Less Total Deductions 38,221,887 0 38,221,887 38,221,887
Total Taxable Value 178,186,638 0 178,186,638 178,186,638

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
185,032,430 178,186,638 185,032,430 178,186,638


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,845,792 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
185,032,430 178,186,638 185,032,430 178,186,638

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

225-907-02/Harts Bluff ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 127,208,753 N/A 127,208,753 127,208,753
B - MULTIFAMILY 603,003 N/A 603,003 603,003
C1 - VACANT LOTS 1,391,557 N/A 1,391,557 1,391,557
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,947,861 N/A 1,947,861 1,947,861
D2 - FARM & RANCH IMP 2,330,249 N/A 2,330,249 2,330,249
E - NON-AG LAND AND IMPROVEMENTS 56,736,448 N/A 56,736,448 56,736,448
F1 - COMMERCIAL REAL 8,493,202 N/A 8,493,202 8,493,202
F2 - INDUSTRIAL REAL 178,157 N/A 178,157 178,157
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 10,819,070 N/A 10,819,070 10,819,070
L1 - COMMERCIAL PERSONAL 967,440 N/A 967,440 967,440
L2 - INDUSTRIAL PERSONAL 2,154,060 N/A 2,154,060 2,154,060
M1 - MOBILE HOMES 2,695,351 N/A 2,695,351 2,695,351
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 876,583 N/A 876,583 876,583
S - SPECIAL INVENTORY 6,791 N/A 6,791 6,791
Subtotal 216,408,525 216,408,525 216,408,525
Less Total Deductions 38,221,887 38,221,887 38,221,887
Total Taxable Value 178,186,638 178,186,638 178,186,638

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
185,032,430 178,186,638 185,032,430 178,186,638


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
6,845,792 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
185,032,430 178,186,638 185,032,430 178,186,638

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