taxes Property Tax Assistance

2021 ISD Summary Worksheet

212-Smith /Smith County

212-901/Arp ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 329,394,103 0.9560 344,554,501 329,394,103
B - MULTIFAMILY 1,558,378 N/A 1,558,378 1,558,378
C1 - VACANT LOTS 14,172,788 N/A 14,172,788 14,172,788
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,425,176 1.2039 4,506,255 5,425,176
D2 - FARM & RANCH IMP 4,313,279 N/A 4,313,279 4,313,279
E - NON-AG LAND AND IMPROVEMENTS 99,102,977 0.9291 106,665,566 99,102,977
F1 - COMMERCIAL REAL 7,490,854 N/A 7,490,854 7,490,854
F2 - INDUSTRIAL REAL 1,570,638 N/A 1,570,638 1,570,638
G - ALL MINERALS 18,991,229 N/A 18,991,229 18,991,229
J - ALL UTILITIES 39,520,535 0.9406 42,016,303 39,520,535
L1 - COMMERCIAL PERSONAL 4,137,028 N/A 4,137,028 4,137,028
L2 - INDUSTRIAL PERSONAL 5,638,571 N/A 5,638,571 5,638,571
M1 - MOBILE HOMES 5,430,844 N/A 5,430,844 5,430,844
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 588,275 N/A 588,275 588,275
S - SPECIAL INVENTORY 463 N/A 463 463
Subtotal 537,335,138 0 561,634,972 537,335,138
Less Total Deductions 116,335,493 0 123,295,625 116,335,493
Total Taxable Value 420,999,645 0 438,339,347 420,999,645

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
435,030,506 420,999,645 404,331,288 390,300,427


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
14,030,861 30,699,218


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
435,030,506 420,999,645 404,331,288 390,300,427

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

212-901-02/Arp ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 329,394,103 0.9560 344,554,501 329,394,103
B - MULTIFAMILY 1,558,378 N/A 1,558,378 1,558,378
C1 - VACANT LOTS 14,172,788 N/A 14,172,788 14,172,788
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,425,176 1.2039 4,506,255 5,425,176
D2 - FARM & RANCH IMP 4,313,279 N/A 4,313,279 4,313,279
E - NON-AG LAND AND IMPROVEMENTS 99,102,977 0.9291 106,665,566 99,102,977
F1 - COMMERCIAL REAL 7,490,854 N/A 7,490,854 7,490,854
F2 - INDUSTRIAL REAL 1,570,638 N/A 1,570,638 1,570,638
G - ALL MINERALS 18,991,229 N/A 18,991,229 18,991,229
J - ALL UTILITIES 39,520,535 0.9406 42,016,303 39,520,535
L1 - COMMERCIAL PERSONAL 4,137,028 N/A 4,137,028 4,137,028
L2 - INDUSTRIAL PERSONAL 5,638,571 N/A 5,638,571 5,638,571
M1 - MOBILE HOMES 5,430,844 N/A 5,430,844 5,430,844
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 588,275 N/A 588,275 588,275
S - SPECIAL INVENTORY 463 N/A 463 463
Subtotal 537,335,138 561,634,972 537,335,138
Less Total Deductions 116,335,493 123,295,625 116,335,493
Total Taxable Value 420,999,645 438,339,347 420,999,645

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
435,030,506 420,999,645 404,331,288 390,300,427


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
14,030,861 30,699,218


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
435,030,506 420,999,645 404,331,288 390,300,427

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