taxes Property Tax Assistance

2021 ISD Summary Worksheet

Seminole ISD (all splits)   Gaines County  

083-Gaines/Gaines County

083-903/Seminole ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 279,080,609 0.8726 319,826,506 279,080,609
B - MULTIFAMILY 5,587,423 N/A 5,587,423 5,587,423
C1 - VACANT LOTS 66,084,132 N/A 66,084,132 66,084,132
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 49,203,589 1.1771 41,799,023 49,203,589
D2 - FARM & RANCH IMP 3,413,730 N/A 3,413,730 3,413,730
E - NON-AG LAND AND IMPROVEMENTS 568,521,129 0.7858 723,493,419 568,521,129
F1 - COMMERCIAL REAL 146,564,061 N/A 146,564,061 146,564,061
F2 - INDUSTRIAL REAL 212,169,920 N/A 212,169,920 212,169,920
G - ALL MINERALS 1,293,199,093 0.9284 1,392,933,103 1,293,199,093
J - ALL UTILITIES 153,215,470 N/A 153,215,470 153,215,470
L1 - COMMERCIAL PERSONAL 56,951,360 N/A 56,951,360 56,951,360
L2 - INDUSTRIAL PERSONAL 212,186,770 N/A 212,186,770 212,186,770
M1 - MOBILE HOMES 64,693,720 N/A 64,693,720 64,693,720
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 5,349,010 N/A 5,349,010 5,349,010
Subtotal 3,116,220,016 0 3,404,267,647 3,116,220,016
Less Total Deductions 185,950,806 0 206,804,627 185,950,806
Total Taxable Value 2,930,269,210 0 3,197,463,020 2,930,269,210

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's office 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 school 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

Measure Value Description
T1 2,957,011,597 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 2,930,269,210 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 2,957,011,597 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 2,930,269,210 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 2,957,011,597 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 2,930,269,210 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 2,957,011,597 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 2,930,269,210 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 26,742,387 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD.


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083-903-02/Seminole ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 279,080,609 0.8726 319,826,506 279,080,609
B - MULTIFAMILY 5,587,423 N/A 5,587,423 5,587,423
C1 - VACANT LOTS 66,084,132 N/A 66,084,132 66,084,132
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 49,203,589 1.1771 41,799,023 49,203,589
D2 - FARM & RANCH IMP 3,413,730 N/A 3,413,730 3,413,730
E - NON-AG LAND AND IMPROVEMENTS 568,521,129 0.7858 723,493,419 568,521,129
F1 - COMMERCIAL REAL 146,564,061 N/A 146,564,061 146,564,061
F2 - INDUSTRIAL REAL 212,169,920 N/A 212,169,920 212,169,920
G - ALL MINERALS 1,293,199,093 0.9284 1,392,933,103 1,293,199,093
J - ALL UTILITIES 153,215,470 N/A 153,215,470 153,215,470
L1 - COMMERCIAL PERSONAL 56,951,360 N/A 56,951,360 56,951,360
L2 - INDUSTRIAL PERSONAL 212,186,770 N/A 212,186,770 212,186,770
M1 - MOBILE HOMES 64,693,720 N/A 64,693,720 64,693,720
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 5,349,010 N/A 5,349,010 5,349,010
Subtotal 3,116,220,016 3,404,267,647 3,116,220,016
Less Total Deductions 185,950,806 206,804,627 185,950,806
Total Taxable Value 2,930,269,210 3,197,463,020 2,930,269,210

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's office 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 school 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

Measure Value Description
T1 2,957,011,597 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 2,930,269,210 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 2,957,011,597 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 2,930,269,210 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 2,957,011,597 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 2,930,269,210 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 2,957,011,597 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 2,930,269,210 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 26,742,387 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption

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