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