taxes Property Tax Assistance

2021 ISD Summary Worksheet

177-Nolan /Nolan County

177-905/Highland ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 1,038,450 N/A 1,038,450 1,038,450
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 87,330 N/A 87,330 87,330
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 10,624,195 1.0600 10,022,552 10,624,195
D2 - FARM & RANCH IMP 2,751,220 N/A 2,751,220 2,751,220
E - NON-AG LAND AND IMPROVEMENTS 23,526,580 1.1007 21,374,198 23,526,580
F1 - COMMERCIAL REAL 587,372 N/A 587,372 587,372
F2 - INDUSTRIAL REAL 162,463,120 N/A 162,463,120 162,463,120
G - ALL MINERALS 16,898,950 0.9862 17,135,419 16,898,950
J - ALL UTILITIES 72,557,020 0.9632 75,329,132 72,557,020
L1 - COMMERCIAL PERSONAL 1,129,945 N/A 1,129,945 1,129,945
L2 - INDUSTRIAL PERSONAL 399,607,140 N/A 399,607,140 399,607,140
M1 - MOBILE HOMES 335,380 N/A 335,380 335,380
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 691,606,702 0 691,861,258 691,606,702
Less Total Deductions 325,945,955 0 325,945,955 325,945,955
Total Taxable Value 365,660,747 0 365,915,303 365,660,747

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
366,605,887 365,660,747 366,605,887 365,660,747


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
945,140 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
671,081,817 670,136,677 671,081,817 670,136,677

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 TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

177-905-02/Highland ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 1,038,450 N/A 1,038,450 1,038,450
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 87,330 N/A 87,330 87,330
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 10,624,195 1.0600 10,022,552 10,624,195
D2 - FARM & RANCH IMP 2,751,220 N/A 2,751,220 2,751,220
E - NON-AG LAND AND IMPROVEMENTS 23,526,580 1.1007 21,374,198 23,526,580
F1 - COMMERCIAL REAL 587,372 N/A 587,372 587,372
F2 - INDUSTRIAL REAL 162,463,120 N/A 162,463,120 162,463,120
G - ALL MINERALS 16,898,950 0.9862 17,135,419 16,898,950
J - ALL UTILITIES 72,557,020 0.9632 75,329,132 72,557,020
L1 - COMMERCIAL PERSONAL 1,129,945 N/A 1,129,945 1,129,945
L2 - INDUSTRIAL PERSONAL 399,607,140 N/A 399,607,140 399,607,140
M1 - MOBILE HOMES 335,380 N/A 335,380 335,380
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 691,606,702 691,861,258 691,606,702
Less Total Deductions 325,945,955 325,945,955 325,945,955
Total Taxable Value 365,660,747 365,915,303 365,660,747

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
366,605,887 365,660,747 366,605,887 365,660,747


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
945,140 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
671,081,817 670,136,677 671,081,817 670,136,677

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