taxes Property Tax Assistance

2021 ISD Summary Worksheet

198-Robertson /Robertson County

198-905/Hearne ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	163,412,895	0.9424	173,400,780	163,412,895
B - MULTIFAMILY	8,493,131	N/A	8,493,131	8,493,131
C1 - VACANT LOTS	7,948,798	N/A	7,948,798	7,948,798
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	9,961,047	1.0835	9,192,975	9,961,047
D2 - FARM & RANCH IMP	7,750,120	N/A	7,750,120	7,750,120
E - NON-AG LAND AND IMPROVEMENTS	111,726,783	0.8820	126,674,357	111,726,783
F1 - COMMERCIAL REAL	48,789,398	0.7908	61,696,254	48,789,398
F2 - INDUSTRIAL REAL	9,757,978	N/A	9,757,978	9,757,978
G - ALL MINERALS	36,982,831	1.0167	36,375,362	36,982,831
J - ALL UTILITIES	110,784,284	1.0125	109,416,577	110,784,284
L1 - COMMERCIAL PERSONAL	15,043,807	N/A	15,043,807	15,043,807
L2 - INDUSTRIAL PERSONAL	91,109,084	N/A	91,109,084	91,109,084
M1 - MOBILE HOMES	9,548,428	N/A	9,548,428	9,548,428
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	631,308,584	0	666,407,651	631,308,584
Less Total Deductions	88,039,750	0	93,596,391	88,039,750
Total Taxable Value	543,268,834	0	572,811,260	543,268,834

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
556,508,983	543,268,834	556,508,983	543,268,834

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
13,240,149	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
556,508,983	543,268,834	556,508,983	543,268,834

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

198-905-02/Hearne ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	163,412,895	0.9424	173,400,780	163,412,895
B - MULTIFAMILY	8,493,131	N/A	8,493,131	8,493,131
C1 - VACANT LOTS	7,948,798	N/A	7,948,798	7,948,798
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	9,961,047	1.0835	9,192,975	9,961,047
D2 - FARM & RANCH IMP	7,750,120	N/A	7,750,120	7,750,120
E - NON-AG LAND AND IMPROVEMENTS	111,726,783	0.8820	126,674,357	111,726,783
F1 - COMMERCIAL REAL	48,789,398	0.7908	61,696,254	48,789,398
F2 - INDUSTRIAL REAL	9,757,978	N/A	9,757,978	9,757,978
G - ALL MINERALS	36,982,831	1.0167	36,375,362	36,982,831
J - ALL UTILITIES	110,784,284	1.0125	109,416,577	110,784,284
L1 - COMMERCIAL PERSONAL	15,043,807	N/A	15,043,807	15,043,807
L2 - INDUSTRIAL PERSONAL	91,109,084	N/A	91,109,084	91,109,084
M1 - MOBILE HOMES	9,548,428	N/A	9,548,428	9,548,428
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	631,308,584		666,407,651	631,308,584
Less Total Deductions	88,039,750		93,596,391	88,039,750
Total Taxable Value	543,268,834		572,811,260	543,268,834

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
556,508,983	543,268,834	556,508,983	543,268,834

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
13,240,149	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
556,508,983	543,268,834	556,508,983	543,268,834

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