taxes Property Tax Assistance

2020 ISD Summary Worksheet

112-Hopkins

112-906/North Hopkins ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	25,896,710	0.8589	30,151,019	25,896,710
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	107,980	N/A	107,980	107,980
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	6,781,349	1.1471	5,911,578	6,781,349
D2 - FARM & RANCH IMP	1,074,640	N/A	1,074,640	1,074,640
E - NON-AG LAND AND IMPROVEMENTS	67,539,390	0.8389	80,509,465	67,539,390
F1 - COMMERCIAL REAL	1,667,750	N/A	1,667,750	1,667,750
F2 - INDUSTRIAL REAL	843,090	N/A	843,090	843,090
G - ALL MINERALS	5,752,493	0.9943	5,785,470	5,752,493
J - ALL UTILITIES	7,913,484	0.9632	8,215,826	7,913,484
L1 - COMMERCIAL PERSONAL	1,110,030	N/A	1,110,030	1,110,030
L2 - INDUSTRIAL PERSONAL	2,261,039	N/A	2,261,039	2,261,039
M1 - MOBILE HOMES	4,290,120	N/A	4,290,120	4,290,120
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	125,238,075	0	141,928,007	125,238,075
Less Total Deductions	23,271,640	0	27,413,632	23,271,640
Total Taxable Value	101,966,435	0	114,514,375	101,966,435

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
106,149,334	101,966,435	106,149,334	101,966,435

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
4,182,899	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
106,149,334	101,966,435	106,149,334	101,966,435

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 YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

112-906-02/North Hopkins ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	25,896,710	0.8589	30,151,019	25,896,710
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	107,980	N/A	107,980	107,980
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	6,781,349	1.1471	5,911,578	6,781,349
D2 - FARM & RANCH IMP	1,074,640	N/A	1,074,640	1,074,640
E - NON-AG LAND AND IMPROVEMENTS	67,539,390	0.8389	80,509,465	67,539,390
F1 - COMMERCIAL REAL	1,667,750	N/A	1,667,750	1,667,750
F2 - INDUSTRIAL REAL	843,090	N/A	843,090	843,090
G - ALL MINERALS	5,752,493	0.9943	5,785,470	5,752,493
J - ALL UTILITIES	7,913,484	0.9632	8,215,826	7,913,484
L1 - COMMERCIAL PERSONAL	1,110,030	N/A	1,110,030	1,110,030
L2 - INDUSTRIAL PERSONAL	2,261,039	N/A	2,261,039	2,261,039
M1 - MOBILE HOMES	4,290,120	N/A	4,290,120	4,290,120
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	125,238,075		141,928,007	125,238,075
Less Total Deductions	23,271,640		27,413,632	23,271,640
Total Taxable Value	101,966,435		114,514,375	101,966,435

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
106,149,334	101,966,435	106,149,334	101,966,435

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
4,182,899	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
106,149,334	101,966,435	106,149,334	101,966,435

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