taxes Property Tax Assistance

2022 ISD Summary Worksheet

114-Howard/Howard County

114-901/Big Spring ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 1,033,936,190 N/A 1,033,936,190 1,033,936,190
B - MULTIFAMILY 87,584,989 N/A 87,584,989 87,584,989
C1 - VACANT LOTS 23,463,688 N/A 23,463,688 23,463,688
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 9,177,767 N/A 9,177,767 9,177,767
D2 - FARM & RANCH IMP 121,418 N/A 121,418 121,418
E - NON-AG LAND AND IMPROVEMENTS 47,399,529 N/A 47,399,529 47,399,529
F1 - COMMERCIAL REAL 308,866,197 N/A 308,866,197 308,866,197
F2 - INDUSTRIAL REAL 219,914,134 N/A 219,914,134 219,914,134
G - ALL MINERALS 2,105,871,759 N/A 2,105,871,759 2,105,871,759
J - ALL UTILITIES 242,970,050 N/A 242,970,050 242,970,050
L1 - COMMERCIAL PERSONAL 81,504,664 N/A 81,504,664 81,504,664
L2 - INDUSTRIAL PERSONAL 421,045,375 N/A 421,045,375 421,045,375
M1 - MOBILE HOMES 922,560 N/A 922,560 922,560
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 187,343 N/A 187,343 187,343
S - SPECIAL INVENTORY 7,941,351 N/A 7,941,351 7,941,351
Subtotal 4,590,907,014 0 4,590,907,014 4,590,907,014
Less Total Deductions 473,957,832 0 473,957,832 473,957,832
Total Taxable Value 4,116,949,182 0 4,116,949,182 4,116,949,182

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 4,174,417,090 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 4,116,949,182 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 4,120,052,607 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 4,062,584,699 T2 minus 50% of the loss to the local optional percentage homestead exemption
T15 4,223,467,090 T-13 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 4,227,759,790 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 4,170,291,882 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 4,173,395,307 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 4,115,927,399 T8 minus 50% of the loss to the local optional percentage homestead exemption
T16 4,276,809,790 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 57,467,908 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 54,364,483 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 49,050,000 Loss to the previous increase in the state-mandated homestead

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

114-901-02/Big Spring ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 1,033,936,190 N/A 1,033,936,190 1,033,936,190
B - MULTIFAMILY 87,584,989 N/A 87,584,989 87,584,989
C1 - VACANT LOTS 23,463,688 N/A 23,463,688 23,463,688
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 9,177,767 N/A 9,177,767 9,177,767
D2 - FARM & RANCH IMP 121,418 N/A 121,418 121,418
E - NON-AG LAND AND IMPROVEMENTS 47,399,529 N/A 47,399,529 47,399,529
F1 - COMMERCIAL REAL 308,866,197 N/A 308,866,197 308,866,197
F2 - INDUSTRIAL REAL 219,914,134 N/A 219,914,134 219,914,134
G - ALL MINERALS 2,105,871,759 N/A 2,105,871,759 2,105,871,759
J - ALL UTILITIES 242,970,050 N/A 242,970,050 242,970,050
L1 - COMMERCIAL PERSONAL 81,504,664 N/A 81,504,664 81,504,664
L2 - INDUSTRIAL PERSONAL 421,045,375 N/A 421,045,375 421,045,375
M1 - MOBILE HOMES 922,560 N/A 922,560 922,560
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 187,343 N/A 187,343 187,343
S - SPECIAL INVENTORY 7,941,351 N/A 7,941,351 7,941,351
Subtotal 4,590,907,014 4,590,907,014 4,590,907,014
Less Total Deductions 473,957,832 473,957,832 473,957,832
Total Taxable Value 4,116,949,182 4,116,949,182 4,116,949,182

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 4,174,417,090 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 4,116,949,182 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 4,120,052,607 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 4,062,584,699 T2 minus 50% of the loss to the local optional percentage homestead exemption
T15 4,223,467,090 T-13 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 4,227,759,790 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 4,170,291,882 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 4,173,395,307 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 4,115,927,399 T8 minus 50% of the loss to the local optional percentage homestead exemption
T16 4,276,809,790 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 57,467,908 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 54,364,483 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 49,050,000 Loss to the previous increase in the state-mandated homestead