taxes Property Tax Assistance

2021 ISD Summary Worksheet

Arp ISD (all splits)   Smith County  

212-Smith/Smith County

212-901/Arp ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 329,394,103 0.9560 344,554,501 329,394,103
B - MULTIFAMILY 1,558,378 N/A 1,558,378 1,558,378
C1 - VACANT LOTS 14,172,788 N/A 14,172,788 14,172,788
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,425,176 1.2039 4,506,255 5,425,176
D2 - FARM & RANCH IMP 4,313,279 N/A 4,313,279 4,313,279
E - NON-AG LAND AND IMPROVEMENTS 99,102,977 0.9291 106,665,566 99,102,977
F1 - COMMERCIAL REAL 7,490,854 N/A 7,490,854 7,490,854
F2 - INDUSTRIAL REAL 1,570,638 N/A 1,570,638 1,570,638
G - ALL MINERALS 18,991,229 N/A 18,991,229 18,991,229
J - ALL UTILITIES 39,520,535 0.9406 42,016,303 39,520,535
L1 - COMMERCIAL PERSONAL 4,137,028 N/A 4,137,028 4,137,028
L2 - INDUSTRIAL PERSONAL 5,638,571 N/A 5,638,571 5,638,571
M1 - MOBILE HOMES 5,430,844 N/A 5,430,844 5,430,844
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 588,275 N/A 588,275 588,275
S - SPECIAL INVENTORY 463 N/A 463 463
Subtotal 537,335,138 0 561,634,972 537,335,138
Less Total Deductions 116,335,493 0 123,295,625 116,335,493
Total Taxable Value 420,999,645 0 438,339,347 420,999,645

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 435,030,506 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 420,999,645 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 404,331,288 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 390,300,427 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 435,030,506 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 420,999,645 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 404,331,288 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 390,300,427 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 14,030,861 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 30,699,218 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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212-901-02/Arp ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 329,394,103 0.9560 344,554,501 329,394,103
B - MULTIFAMILY 1,558,378 N/A 1,558,378 1,558,378
C1 - VACANT LOTS 14,172,788 N/A 14,172,788 14,172,788
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,425,176 1.2039 4,506,255 5,425,176
D2 - FARM & RANCH IMP 4,313,279 N/A 4,313,279 4,313,279
E - NON-AG LAND AND IMPROVEMENTS 99,102,977 0.9291 106,665,566 99,102,977
F1 - COMMERCIAL REAL 7,490,854 N/A 7,490,854 7,490,854
F2 - INDUSTRIAL REAL 1,570,638 N/A 1,570,638 1,570,638
G - ALL MINERALS 18,991,229 N/A 18,991,229 18,991,229
J - ALL UTILITIES 39,520,535 0.9406 42,016,303 39,520,535
L1 - COMMERCIAL PERSONAL 4,137,028 N/A 4,137,028 4,137,028
L2 - INDUSTRIAL PERSONAL 5,638,571 N/A 5,638,571 5,638,571
M1 - MOBILE HOMES 5,430,844 N/A 5,430,844 5,430,844
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 588,275 N/A 588,275 588,275
S - SPECIAL INVENTORY 463 N/A 463 463
Subtotal 537,335,138 561,634,972 537,335,138
Less Total Deductions 116,335,493 123,295,625 116,335,493
Total Taxable Value 420,999,645 438,339,347 420,999,645

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 435,030,506 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 420,999,645 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 404,331,288 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 390,300,427 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 435,030,506 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 420,999,645 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 404,331,288 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 390,300,427 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 14,030,861 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 30,699,218 50% of the loss to the local optional percentage homestead exemption

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