taxes Property Tax Assistance

2021 ISD Summary Worksheet

035-Castro /Castro County

035-902/Hart ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	16,560,390	0.8847	18,718,650	16,560,390
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	230,710	N/A	230,710	230,710
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	24,610,970	2.2998	10,701,503	24,610,970
D2 - FARM & RANCH IMP	6,095,510	1.0434	5,841,969	6,095,510
E - NON-AG LAND AND IMPROVEMENTS	5,933,730	0.8983	6,605,510	5,933,730
F1 - COMMERCIAL REAL	1,658,480	N/A	1,658,480	1,658,480
F2 - INDUSTRIAL REAL	6,776,720	N/A	6,776,720	6,776,720
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	27,383,660	0.8665	31,602,608	27,383,660
L1 - COMMERCIAL PERSONAL	2,451,400	N/A	2,451,400	2,451,400
L2 - INDUSTRIAL PERSONAL	2,557,390	N/A	2,557,390	2,557,390
M1 - MOBILE HOMES	179,040	N/A	179,040	179,040
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	660	N/A	660	660
Subtotal	94,438,660	0	87,324,640	94,438,660
Less Total Deductions	7,229,032	0	7,933,163	7,229,032
Total Taxable Value	87,209,628	0	79,391,477	87,209,628

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
88,854,988	87,209,628	88,854,988	87,209,628

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
1,645,360	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
88,854,988	87,209,628	88,854,988	87,209,628

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE LOCAL VALUE IS GREATER THAN PTAD VALUE

035-902-02/Hart ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	16,560,390	0.8847	18,718,650	16,560,390
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	230,710	N/A	230,710	230,710
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	24,610,970	2.2998	10,701,503	24,610,970
D2 - FARM & RANCH IMP	6,095,510	1.0434	5,841,969	6,095,510
E - NON-AG LAND AND IMPROVEMENTS	5,933,730	0.8983	6,605,510	5,933,730
F1 - COMMERCIAL REAL	1,658,480	N/A	1,658,480	1,658,480
F2 - INDUSTRIAL REAL	6,776,720	N/A	6,776,720	6,776,720
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	27,383,660	0.8665	31,602,608	27,383,660
L1 - COMMERCIAL PERSONAL	2,451,400	N/A	2,451,400	2,451,400
L2 - INDUSTRIAL PERSONAL	2,557,390	N/A	2,557,390	2,557,390
M1 - MOBILE HOMES	179,040	N/A	179,040	179,040
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	660	N/A	660	660
Subtotal	94,438,660		87,324,640	94,438,660
Less Total Deductions	7,229,032		7,933,163	7,229,032
Total Taxable Value	87,209,628		79,391,477	87,209,628

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
88,854,988	87,209,628	88,854,988	87,209,628

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
1,645,360	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
88,854,988	87,209,628	88,854,988	87,209,628

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