taxes Property Tax Assistance

2021 ISD Summary Worksheet

Tolar ISD (all splits)   Hood County  

111-Hood/Hood County

111-903/Tolar ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 50,611,580 N/A 50,611,580 50,611,580
B - MULTIFAMILY 1,808,660 N/A 1,808,660 1,808,660
C1 - VACANT LOTS 3,791,849 N/A 3,791,849 3,791,849
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 6,143,010 N/A 6,143,010 6,143,010
D2 - FARM & RANCH IMP 6,014,000 N/A 6,014,000 6,014,000
E - NON-AG LAND AND IMPROVEMENTS 182,828,681 N/A 182,828,681 182,828,681
F1 - COMMERCIAL REAL 10,660,700 N/A 10,660,700 10,660,700
F2 - INDUSTRIAL REAL 1,257,100 N/A 1,257,100 1,257,100
G - ALL MINERALS 8,048,550 N/A 8,048,550 8,048,550
J - ALL UTILITIES 46,016,180 N/A 46,016,180 46,016,180
L1 - COMMERCIAL PERSONAL 4,753,700 N/A 4,753,700 4,753,700
L2 - INDUSTRIAL PERSONAL 4,455,640 N/A 4,455,640 4,455,640
M1 - MOBILE HOMES 3,195,360 N/A 3,195,360 3,195,360
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 110,840 N/A 110,840 110,840
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 329,695,850 0 329,695,850 329,695,850
Less Total Deductions 42,163,217 0 42,163,217 42,163,217
Total Taxable Value 287,532,633 0 287,532,633 287,532,633

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 294,112,773 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 287,532,633 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 294,112,773 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 287,532,633 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 294,112,773 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 287,532,633 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 294,112,773 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 287,532,633 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 6,580,140 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 TO BE VALID, AND LOCAL VALUE WAS CERTIFIED.


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111-903-02/Tolar ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 50,611,580 N/A 50,611,580 50,611,580
B - MULTIFAMILY 1,808,660 N/A 1,808,660 1,808,660
C1 - VACANT LOTS 3,791,849 N/A 3,791,849 3,791,849
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 6,143,010 N/A 6,143,010 6,143,010
D2 - FARM & RANCH IMP 6,014,000 N/A 6,014,000 6,014,000
E - NON-AG LAND AND IMPROVEMENTS 182,828,681 N/A 182,828,681 182,828,681
F1 - COMMERCIAL REAL 10,660,700 N/A 10,660,700 10,660,700
F2 - INDUSTRIAL REAL 1,257,100 N/A 1,257,100 1,257,100
G - ALL MINERALS 8,048,550 N/A 8,048,550 8,048,550
J - ALL UTILITIES 46,016,180 N/A 46,016,180 46,016,180
L1 - COMMERCIAL PERSONAL 4,753,700 N/A 4,753,700 4,753,700
L2 - INDUSTRIAL PERSONAL 4,455,640 N/A 4,455,640 4,455,640
M1 - MOBILE HOMES 3,195,360 N/A 3,195,360 3,195,360
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 110,840 N/A 110,840 110,840
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 329,695,850 329,695,850 329,695,850
Less Total Deductions 42,163,217 42,163,217 42,163,217
Total Taxable Value 287,532,633 287,532,633 287,532,633

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 294,112,773 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 287,532,633 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 294,112,773 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 287,532,633 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 294,112,773 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 287,532,633 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 294,112,773 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 287,532,633 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 6,580,140 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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