taxes Property Tax Assistance

2022 ISD Summary Worksheet

107-Henderson/Henderson County

107-907/Trinidad ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 29,304,600 0.9375 31,258,240 29,304,600
B - MULTIFAMILY 144,760 N/A 144,760 144,760
C1 - VACANT LOTS 631,860 N/A 631,860 631,860
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 730,050 1.1838 616,709 730,050
D2 - FARM & RANCH IMP 33,590 N/A 33,590 33,590
E - NON-AG LAND AND IMPROVEMENTS 4,897,630 N/A 4,897,630 4,897,630
F1 - COMMERCIAL REAL 2,312,010 N/A 2,312,010 2,312,010
F2 - INDUSTRIAL REAL 1,998,000 N/A 1,998,000 1,998,000
G - ALL MINERALS 111,570 N/A 111,570 111,570
J - ALL UTILITIES 32,923,630 0.9373 35,126,032 32,923,630
L1 - COMMERCIAL PERSONAL 732,360 N/A 732,360 732,360
L2 - INDUSTRIAL PERSONAL 13,642,250 N/A 13,642,250 13,642,250
M1 - MOBILE HOMES 365,000 N/A 365,000 365,000
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 87,827,310 0 91,870,011 87,827,310
Less Total Deductions 29,554,045 0 30,450,824 29,554,045
Total Taxable Value 58,273,265 0 61,419,187 58,273,265

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

Measure Value Description
T1 60,185,796 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 58,273,265 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 58,930,359 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 57,017,828 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 62,345,796 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 60,185,796 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 58,273,265 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 58,930,359 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 57,017,828 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 62,345,796 T13 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 1,912,531 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 1,255,437 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 2,160,000 Loss to the previous increase in the state-mandated homestead

THE PVS FOUND YOUR LOCAL VALUE INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

107-907-02/Trinidad ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 29,304,600 0.9375 31,258,240 29,304,600
B - MULTIFAMILY 144,760 N/A 144,760 144,760
C1 - VACANT LOTS 631,860 N/A 631,860 631,860
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 730,050 1.1838 616,709 730,050
D2 - FARM & RANCH IMP 33,590 N/A 33,590 33,590
E - NON-AG LAND AND IMPROVEMENTS 4,897,630 N/A 4,897,630 4,897,630
F1 - COMMERCIAL REAL 2,312,010 N/A 2,312,010 2,312,010
F2 - INDUSTRIAL REAL 1,998,000 N/A 1,998,000 1,998,000
G - ALL MINERALS 111,570 N/A 111,570 111,570
J - ALL UTILITIES 32,923,630 0.9373 35,126,032 32,923,630
L1 - COMMERCIAL PERSONAL 732,360 N/A 732,360 732,360
L2 - INDUSTRIAL PERSONAL 13,642,250 N/A 13,642,250 13,642,250
M1 - MOBILE HOMES 365,000 N/A 365,000 365,000
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 87,827,310 91,870,011 87,827,310
Less Total Deductions 29,554,045 30,450,824 29,554,045
Total Taxable Value 58,273,265 61,419,187 58,273,265

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

Measure Value Description
T1 60,185,796 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 58,273,265 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 58,930,359 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 57,017,828 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 62,345,796 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 60,185,796 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 58,273,265 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 58,930,359 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 57,017,828 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 62,345,796 T13 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 1,912,531 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 1,255,437 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 2,160,000 Loss to the previous increase in the state-mandated homestead