taxes Property Tax Assistance

2022 ISD Summary Worksheet

039-Clay/Clay County

039-902/Henrietta ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	251,603,340	0.9061	277,677,232	277,677,232
B - MULTIFAMILY	5,828,100	N/A	5,828,100	5,828,100
C1 - VACANT LOTS	4,529,160	N/A	4,529,160	4,529,160
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	19,277,350	1.2511	15,408,203	15,408,203
D2 - FARM & RANCH IMP	6,669,940	N/A	6,669,940	6,669,940
E - NON-AG LAND AND IMPROVEMENTS	69,357,040	0.7288	95,166,081	95,166,081
F1 - COMMERCIAL REAL	30,230,730	0.9234	32,738,499	32,738,499
F2 - INDUSTRIAL REAL	5,359,440	N/A	5,359,440	5,359,440
G - ALL MINERALS	10,070,860	N/A	10,070,860	10,070,860
J - ALL UTILITIES	83,231,030	0.9507	87,547,102	87,547,102
L1 - COMMERCIAL PERSONAL	23,724,290	N/A	23,724,290	23,724,290
L2 - INDUSTRIAL PERSONAL	41,551,820	N/A	41,551,820	41,551,820
M1 - MOBILE HOMES	10,989,770	N/A	10,989,770	10,989,770
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	962,510	N/A	962,510	962,510
S - SPECIAL INVENTORY	3,002,416	N/A	3,002,416	3,002,416
Subtotal	566,387,796	0	621,225,423	621,225,423
Less Total Deductions	127,084,370	0	136,898,960	136,898,960
Total Taxable Value	439,303,426	0	484,326,463	484,326,463

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	T13
501,228,423	484,326,463	501,228,423	484,326,463	519,238,423

Loss to the Increase in the State-Mandated Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
16,901,960	0	18,010,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
501,228,423	484,326,463	501,228,423	484,326,463	519,238,423

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

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)

039-902-02/Henrietta ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	251,603,340	0.9061	277,677,232	277,677,232
B - MULTIFAMILY	5,828,100	N/A	5,828,100	5,828,100
C1 - VACANT LOTS	4,529,160	N/A	4,529,160	4,529,160
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	19,277,350	1.2511	15,408,203	15,408,203
D2 - FARM & RANCH IMP	6,669,940	N/A	6,669,940	6,669,940
E - NON-AG LAND AND IMPROVEMENTS	69,357,040	0.7288	95,166,081	95,166,081
F1 - COMMERCIAL REAL	30,230,730	0.9234	32,738,499	32,738,499
F2 - INDUSTRIAL REAL	5,359,440	N/A	5,359,440	5,359,440
G - ALL MINERALS	10,070,860	N/A	10,070,860	10,070,860
J - ALL UTILITIES	83,231,030	0.9507	87,547,102	87,547,102
L1 - COMMERCIAL PERSONAL	23,724,290	N/A	23,724,290	23,724,290
L2 - INDUSTRIAL PERSONAL	41,551,820	N/A	41,551,820	41,551,820
M1 - MOBILE HOMES	10,989,770	N/A	10,989,770	10,989,770
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	962,510	N/A	962,510	962,510
S - SPECIAL INVENTORY	3,002,416	N/A	3,002,416	3,002,416
Subtotal	566,387,796		621,225,423	621,225,423
Less Total Deductions	127,084,370		136,898,960	136,898,960
Total Taxable Value	439,303,426		484,326,463	484,326,463

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	T13
501,228,423	484,326,463	501,228,423	484,326,463	519,238,423

Loss to the Increase in the State-Mandated Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
16,901,960	0	18,010,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
501,228,423	484,326,463	501,228,423	484,326,463	519,238,423

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement