taxes Property Tax Assistance

2021 ISD Summary Worksheet

116-Hunt /Hunt County

116-902/Celeste ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 47,696,745 0.9584 49,767,054 47,696,745
B - MULTIFAMILY 223,730 N/A 223,730 223,730
C1 - VACANT LOTS 3,158,430 N/A 3,158,430 3,158,430
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,549,750 0.9229 3,846,483 3,549,750
D2 - FARM & RANCH IMP 5,608,558 N/A 5,608,558 5,608,558
E - NON-AG LAND AND IMPROVEMENTS 130,924,341 0.7953 164,622,584 130,924,341
F1 - COMMERCIAL REAL 3,611,860 N/A 3,611,860 3,611,860
F2 - INDUSTRIAL REAL 723,950 N/A 723,950 723,950
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 10,850,640 0.8651 12,542,642 10,850,640
L1 - COMMERCIAL PERSONAL 2,343,900 N/A 2,343,900 2,343,900
L2 - INDUSTRIAL PERSONAL 66,260 N/A 66,260 66,260
M1 - MOBILE HOMES 1,750,740 N/A 1,750,740 1,750,740
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 83,030 N/A 83,030 83,030
S - SPECIAL INVENTORY 32,240 N/A 32,240 32,240
Subtotal 210,624,174 0 248,381,461 210,624,174
Less Total Deductions 43,916,397 0 46,026,390 43,916,397
Total Taxable Value 166,707,777 0 202,355,071 166,707,777

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
172,338,711 166,707,777 172,338,711 166,707,777


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,630,934 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
172,338,711 166,707,777 172,338,711 166,707,777

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 YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

116-902-02/Celeste ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 47,696,745 0.9584 49,767,054 47,696,745
B - MULTIFAMILY 223,730 N/A 223,730 223,730
C1 - VACANT LOTS 3,158,430 N/A 3,158,430 3,158,430
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,549,750 0.9229 3,846,483 3,549,750
D2 - FARM & RANCH IMP 5,608,558 N/A 5,608,558 5,608,558
E - NON-AG LAND AND IMPROVEMENTS 130,924,341 0.7953 164,622,584 130,924,341
F1 - COMMERCIAL REAL 3,611,860 N/A 3,611,860 3,611,860
F2 - INDUSTRIAL REAL 723,950 N/A 723,950 723,950
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 10,850,640 0.8651 12,542,642 10,850,640
L1 - COMMERCIAL PERSONAL 2,343,900 N/A 2,343,900 2,343,900
L2 - INDUSTRIAL PERSONAL 66,260 N/A 66,260 66,260
M1 - MOBILE HOMES 1,750,740 N/A 1,750,740 1,750,740
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 83,030 N/A 83,030 83,030
S - SPECIAL INVENTORY 32,240 N/A 32,240 32,240
Subtotal 210,624,174 248,381,461 210,624,174
Less Total Deductions 43,916,397 46,026,390 43,916,397
Total Taxable Value 166,707,777 202,355,071 166,707,777

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
172,338,711 166,707,777 172,338,711 166,707,777


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
5,630,934 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
172,338,711 166,707,777 172,338,711 166,707,777

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