taxes Property Tax Assistance

2020 ISD Summary Worksheet

114-Howard

114-901/Big Spring ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 794,437,233 0.8534 930,908,405 930,908,405
B - MULTIFAMILY 66,540,822 N/A 66,540,822 66,540,822
C1 - VACANT LOTS 16,429,170 N/A 16,429,170 16,429,170
C2 - COLONIA LOTS 9,261,379 N/A 9,261,379 9,261,379
D1 ACRES - QUALIFIED OPEN-SPACE LAND 9,094,747 1.1511 7,901,022 7,901,022
D2 - FARM & RANCH IMP 10,307,098 N/A 10,307,098 10,307,098
E - NON-AG LAND AND IMPROVEMENTS 32,730,461 N/A 32,730,461 32,730,461
F1 - COMMERCIAL REAL 292,226,285 0.9389 311,243,247 311,243,247
F2 - INDUSTRIAL REAL 237,103,321 N/A 237,103,321 237,103,321
G - ALL MINERALS 1,013,858,430 0.9623 1,053,578,333 1,053,578,333
J - ALL UTILITIES 211,637,513 0.9022 234,579,376 234,579,376
L1 - COMMERCIAL PERSONAL 196,234,746 N/A 196,234,746 196,234,746
L2 - INDUSTRIAL PERSONAL 288,872,361 N/A 288,872,361 288,872,361
M1 - MOBILE HOMES 824,994 N/A 824,994 824,994
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 207,343 N/A 207,343 207,343
S - SPECIAL INVENTORY 8,100,810 N/A 8,100,810 8,100,810
Subtotal 3,187,866,713 0 3,404,822,888 3,404,822,888
Less Total Deductions 339,702,576 0 376,576,879 376,576,879
Total Taxable Value 2,848,164,137 0 3,028,246,009 3,028,246,009

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
3,070,399,821 3,028,246,009 3,021,884,548 2,979,730,736


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
42,153,812 48,515,273


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
3,144,920,261 3,102,766,449 3,096,404,988 3,054,251,176

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)

114-901-02/Big Spring ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 794,437,233 0.8534 930,908,405 930,908,405
B - MULTIFAMILY 66,540,822 N/A 66,540,822 66,540,822
C1 - VACANT LOTS 16,429,170 N/A 16,429,170 16,429,170
C2 - COLONIA LOTS 9,261,379 N/A 9,261,379 9,261,379
D1 ACRES - QUALIFIED OPEN-SPACE LAND 9,094,747 1.1511 7,901,022 7,901,022
D2 - FARM & RANCH IMP 10,307,098 N/A 10,307,098 10,307,098
E - NON-AG LAND AND IMPROVEMENTS 32,730,461 N/A 32,730,461 32,730,461
F1 - COMMERCIAL REAL 292,226,285 0.9389 311,243,247 311,243,247
F2 - INDUSTRIAL REAL 237,103,321 N/A 237,103,321 237,103,321
G - ALL MINERALS 1,013,858,430 0.9623 1,053,578,333 1,053,578,333
J - ALL UTILITIES 211,637,513 0.9022 234,579,376 234,579,376
L1 - COMMERCIAL PERSONAL 196,234,746 N/A 196,234,746 196,234,746
L2 - INDUSTRIAL PERSONAL 288,872,361 N/A 288,872,361 288,872,361
M1 - MOBILE HOMES 824,994 N/A 824,994 824,994
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 207,343 N/A 207,343 207,343
S - SPECIAL INVENTORY 8,100,810 N/A 8,100,810 8,100,810
Subtotal 3,187,866,713 3,404,822,888 3,404,822,888
Less Total Deductions 339,702,576 376,576,879 376,576,879
Total Taxable Value 2,848,164,137 3,028,246,009 3,028,246,009

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
3,070,399,821 3,028,246,009 3,021,884,548 2,979,730,736


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
42,153,812 48,515,273


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
3,144,920,261 3,102,766,449 3,096,404,988 3,054,251,176

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