taxes Property Tax Assistance

2021 ISD Summary Worksheet

117-Hutchinson /Hutchinson County

117-904/Plemons-Stinnett-Phillips CISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 67,171,180 0.9460 71,005,476 67,171,180
B - MULTIFAMILY 96,260 N/A 96,260 96,260
C1 - VACANT LOTS 2,613,620 N/A 2,613,620 2,613,620
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,144,970 1.1336 10,713,777 12,144,970
D2 - FARM & RANCH IMP 1,595,890 N/A 1,595,890 1,595,890
E - NON-AG LAND AND IMPROVEMENTS 12,017,170 0.9220 13,033,807 12,017,170
F1 - COMMERCIAL REAL 4,636,860 N/A 4,636,860 4,636,860
F2 - INDUSTRIAL REAL 786,451,405 N/A 786,451,405 786,451,405
G - ALL MINERALS 15,023,673 0.9940 15,114,359 15,023,673
J - ALL UTILITIES 34,958,950 0.9548 36,613,898 34,958,950
L1 - COMMERCIAL PERSONAL 4,800,000 N/A 4,800,000 4,800,000
L2 - INDUSTRIAL PERSONAL 300,637,857 N/A 300,637,857 300,637,857
M1 - MOBILE HOMES 1,547,370 N/A 1,547,370 1,547,370
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 8,200 N/A 8,200 8,200
S - SPECIAL INVENTORY 295,700 N/A 295,700 295,700
Subtotal 1,243,999,105 0 1,249,164,479 1,243,999,105
Less Total Deductions 101,420,406 0 102,738,500 101,420,406
Total Taxable Value 1,142,578,699 0 1,146,425,979 1,142,578,699

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
1,148,931,849 1,142,578,699 1,143,647,469 1,137,294,319


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,353,150 5,284,380


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
1,148,931,849 1,142,578,699 1,143,647,469 1,137,294,319

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 TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

117-904-02/Plemons-Stinnett-Phillips CISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 67,171,180 0.9460 71,005,476 67,171,180
B - MULTIFAMILY 96,260 N/A 96,260 96,260
C1 - VACANT LOTS 2,613,620 N/A 2,613,620 2,613,620
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,144,970 1.1336 10,713,777 12,144,970
D2 - FARM & RANCH IMP 1,595,890 N/A 1,595,890 1,595,890
E - NON-AG LAND AND IMPROVEMENTS 12,017,170 0.9220 13,033,807 12,017,170
F1 - COMMERCIAL REAL 4,636,860 N/A 4,636,860 4,636,860
F2 - INDUSTRIAL REAL 786,451,405 N/A 786,451,405 786,451,405
G - ALL MINERALS 15,023,673 0.9940 15,114,359 15,023,673
J - ALL UTILITIES 34,958,950 0.9548 36,613,898 34,958,950
L1 - COMMERCIAL PERSONAL 4,800,000 N/A 4,800,000 4,800,000
L2 - INDUSTRIAL PERSONAL 300,637,857 N/A 300,637,857 300,637,857
M1 - MOBILE HOMES 1,547,370 N/A 1,547,370 1,547,370
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 8,200 N/A 8,200 8,200
S - SPECIAL INVENTORY 295,700 N/A 295,700 295,700
Subtotal 1,243,999,105 1,249,164,479 1,243,999,105
Less Total Deductions 101,420,406 102,738,500 101,420,406
Total Taxable Value 1,142,578,699 1,146,425,979 1,142,578,699

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
1,148,931,849 1,142,578,699 1,143,647,469 1,137,294,319


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
6,353,150 5,284,380


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
1,148,931,849 1,142,578,699 1,143,647,469 1,137,294,319

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