taxes Property Tax Assistance

2021 ISD Summary Worksheet

202-Sabine /Sabine County

202-903/Hemphill ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 533,596,490 0.8552 623,943,510 623,943,510
B - MULTIFAMILY 414,628 N/A 414,628 414,628
C1 - VACANT LOTS 39,046,810 0.8467 46,116,464 46,116,464
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 20,643,790 1.0103 20,433,705 20,433,705
D2 - FARM & RANCH IMP 2,564,780 N/A 2,564,780 2,564,780
E - NON-AG LAND AND IMPROVEMENTS 72,273,150 0.8888 81,315,425 81,315,425
F1 - COMMERCIAL REAL 50,114,889 0.9584 52,290,160 52,290,160
F2 - INDUSTRIAL REAL 205,520 N/A 205,520 205,520
G - ALL MINERALS 1,378,320 N/A 1,378,320 1,378,320
J - ALL UTILITIES 34,199,960 N/A 34,199,960 34,199,960
L1 - COMMERCIAL PERSONAL 11,649,501 N/A 11,649,501 11,649,501
L2 - INDUSTRIAL PERSONAL 3,808,700 N/A 3,808,700 3,808,700
M1 - MOBILE HOMES 18,667,570 N/A 18,667,570 18,667,570
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 393,390 N/A 393,390 393,390
S - SPECIAL INVENTORY 1,550 N/A 1,550 1,550
Subtotal 788,959,048 0 897,383,183 897,383,183
Less Total Deductions 160,296,448 0 196,626,000 196,626,000
Total Taxable Value 628,662,600 0 700,757,183 700,757,183

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
722,698,026 700,757,183 722,698,026 700,757,183


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
21,940,843 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
722,698,026 700,757,183 722,698,026 700,757,183

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 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 533,596,490 0.8552 623,943,510 623,943,510
B - MULTIFAMILY 414,628 N/A 414,628 414,628
C1 - VACANT LOTS 39,046,810 0.8467 46,116,464 46,116,464
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 20,643,790 1.0103 20,433,705 20,433,705
D2 - FARM & RANCH IMP 2,564,780 N/A 2,564,780 2,564,780
E - NON-AG LAND AND IMPROVEMENTS 72,273,150 0.8888 81,315,425 81,315,425
F1 - COMMERCIAL REAL 50,114,889 0.9584 52,290,160 52,290,160
F2 - INDUSTRIAL REAL 205,520 N/A 205,520 205,520
G - ALL MINERALS 1,378,320 N/A 1,378,320 1,378,320
J - ALL UTILITIES 34,199,960 N/A 34,199,960 34,199,960
L1 - COMMERCIAL PERSONAL 11,649,501 N/A 11,649,501 11,649,501
L2 - INDUSTRIAL PERSONAL 3,808,700 N/A 3,808,700 3,808,700
M1 - MOBILE HOMES 18,667,570 N/A 18,667,570 18,667,570
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 393,390 N/A 393,390 393,390
S - SPECIAL INVENTORY 1,550 N/A 1,550 1,550
Subtotal 788,959,048 897,383,183 897,383,183
Less Total Deductions 160,296,448 196,626,000 196,626,000
Total Taxable Value 628,662,600 700,757,183 700,757,183

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
722,698,026 700,757,183 722,698,026 700,757,183


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
21,940,843 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
722,698,026 700,757,183 722,698,026 700,757,183

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