taxes Property Tax Assistance

2021 ISD Summary Worksheet

114-Howard /Howard County

114-901/Big Spring ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 932,635,593 0.8881 1,050,147,048 1,050,147,048
B - MULTIFAMILY 72,711,472 N/A 72,711,472 72,711,472
C1 - VACANT LOTS 25,202,859 N/A 25,202,859 25,202,859
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 9,185,641 0.9428 9,743,414 9,743,414
D2 - FARM & RANCH IMP 138,838 N/A 138,838 138,838
E - NON-AG LAND AND IMPROVEMENTS 45,606,269 N/A 45,606,269 45,606,269
F1 - COMMERCIAL REAL 297,140,437 1.0005 296,991,941 296,991,941
F2 - INDUSTRIAL REAL 208,580,992 N/A 208,580,992 208,580,992
G - ALL MINERALS 1,059,076,480 0.9796 1,081,131,564 1,081,131,564
J - ALL UTILITIES 230,741,445 0.9359 246,544,978 246,544,978
L1 - COMMERCIAL PERSONAL 78,167,371 0.9823 79,575,864 79,575,864
L2 - INDUSTRIAL PERSONAL 377,447,814 N/A 377,447,814 377,447,814
M1 - MOBILE HOMES 908,968 N/A 908,968 908,968
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 207,343 N/A 207,343 207,343
S - SPECIAL INVENTORY 8,816,549 N/A 8,816,549 8,816,549
Subtotal 3,346,568,071 0 3,503,755,913 3,503,755,913
Less Total Deductions 390,538,301 0 426,718,422 426,718,422
Total Taxable Value 2,956,029,770 0 3,077,037,491 3,077,037,491

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
3,119,891,663 3,077,037,491 3,067,691,623 3,024,837,451


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
42,854,172 52,200,040


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
3,181,515,413 3,138,661,241 3,129,315,373 3,086,461,201

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)

114-901-02/Big Spring ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 932,635,593 0.8881 1,050,147,048 1,050,147,048
B - MULTIFAMILY 72,711,472 N/A 72,711,472 72,711,472
C1 - VACANT LOTS 25,202,859 N/A 25,202,859 25,202,859
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 9,185,641 0.9428 9,743,414 9,743,414
D2 - FARM & RANCH IMP 138,838 N/A 138,838 138,838
E - NON-AG LAND AND IMPROVEMENTS 45,606,269 N/A 45,606,269 45,606,269
F1 - COMMERCIAL REAL 297,140,437 1.0005 296,991,941 296,991,941
F2 - INDUSTRIAL REAL 208,580,992 N/A 208,580,992 208,580,992
G - ALL MINERALS 1,059,076,480 0.9796 1,081,131,564 1,081,131,564
J - ALL UTILITIES 230,741,445 0.9359 246,544,978 246,544,978
L1 - COMMERCIAL PERSONAL 78,167,371 0.9823 79,575,864 79,575,864
L2 - INDUSTRIAL PERSONAL 377,447,814 N/A 377,447,814 377,447,814
M1 - MOBILE HOMES 908,968 N/A 908,968 908,968
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 207,343 N/A 207,343 207,343
S - SPECIAL INVENTORY 8,816,549 N/A 8,816,549 8,816,549
Subtotal 3,346,568,071 3,503,755,913 3,503,755,913
Less Total Deductions 390,538,301 426,718,422 426,718,422
Total Taxable Value 2,956,029,770 3,077,037,491 3,077,037,491

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
3,119,891,663 3,077,037,491 3,067,691,623 3,024,837,451


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
42,854,172 52,200,040


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
3,181,515,413 3,138,661,241 3,129,315,373 3,086,461,201

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