taxes Property Tax Assistance

2020 ISD Summary Worksheet

202-Sabine

202-903/Hemphill ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 499,810,642 0.9020 554,113,794 554,113,794
B - MULTIFAMILY 413,068 N/A 413,068 413,068
C1 - VACANT LOTS 41,907,760 0.7004 59,834,038 59,834,038
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 20,511,380 0.9935 20,646,265 20,646,265
D2 - FARM & RANCH IMP 1,867,770 N/A 1,867,770 1,867,770
E - NON-AG LAND AND IMPROVEMENTS 70,483,000 0.9632 73,175,872 73,175,872
F1 - COMMERCIAL REAL 44,826,401 0.7984 56,145,292 56,145,292
F2 - INDUSTRIAL REAL 206,640 N/A 206,640 206,640
G - ALL MINERALS 1,546,830 N/A 1,546,830 1,546,830
J - ALL UTILITIES 35,538,980 N/A 35,538,980 35,538,980
L1 - COMMERCIAL PERSONAL 11,921,790 N/A 11,921,790 11,921,790
L2 - INDUSTRIAL PERSONAL 3,741,410 N/A 3,741,410 3,741,410
M1 - MOBILE HOMES 17,716,970 N/A 17,716,970 17,716,970
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 750,492,641 0 836,868,719 836,868,719
Less Total Deductions 162,094,296 0 184,487,314 184,487,314
Total Taxable Value 588,398,345 0 652,381,405 652,381,405

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
673,726,226 652,381,405 673,726,226 652,381,405


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
21,344,821 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
673,726,226 652,381,405 673,726,226 652,381,405

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 499,810,642 0.9020 554,113,794 554,113,794
B - MULTIFAMILY 413,068 N/A 413,068 413,068
C1 - VACANT LOTS 41,907,760 0.7004 59,834,038 59,834,038
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 20,511,380 0.9935 20,646,265 20,646,265
D2 - FARM & RANCH IMP 1,867,770 N/A 1,867,770 1,867,770
E - NON-AG LAND AND IMPROVEMENTS 70,483,000 0.9632 73,175,872 73,175,872
F1 - COMMERCIAL REAL 44,826,401 0.7984 56,145,292 56,145,292
F2 - INDUSTRIAL REAL 206,640 N/A 206,640 206,640
G - ALL MINERALS 1,546,830 N/A 1,546,830 1,546,830
J - ALL UTILITIES 35,538,980 N/A 35,538,980 35,538,980
L1 - COMMERCIAL PERSONAL 11,921,790 N/A 11,921,790 11,921,790
L2 - INDUSTRIAL PERSONAL 3,741,410 N/A 3,741,410 3,741,410
M1 - MOBILE HOMES 17,716,970 N/A 17,716,970 17,716,970
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 750,492,641 836,868,719 836,868,719
Less Total Deductions 162,094,296 184,487,314 184,487,314
Total Taxable Value 588,398,345 652,381,405 652,381,405

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
673,726,226 652,381,405 673,726,226 652,381,405


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
21,344,821 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
673,726,226 652,381,405 673,726,226 652,381,405

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