taxes Property Tax Assistance

2022 ISD Summary Worksheet

117-Hutchinson/Hutchinson County

117-907/Spring Creek ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	633,710	N/A	633,710	633,710
B - MULTIFAMILY	2,188,140	N/A	2,188,140	2,188,140
C1 - VACANT LOTS	89,740	N/A	89,740	89,740
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	5,398,830	N/A	5,398,830	5,398,830
D2 - FARM & RANCH IMP	1,926,010	N/A	1,926,010	1,926,010
E - NON-AG LAND AND IMPROVEMENTS	1,333,410	N/A	1,333,410	1,333,410
F1 - COMMERCIAL REAL	318,140	N/A	318,140	318,140
F2 - INDUSTRIAL REAL	31,500	N/A	31,500	31,500
G - ALL MINERALS	9,201,544	N/A	9,201,544	9,201,544
J - ALL UTILITIES	15,665,720	N/A	15,665,720	15,665,720
L1 - COMMERCIAL PERSONAL	35,810	N/A	35,810	35,810
L2 - INDUSTRIAL PERSONAL	6,726,900	N/A	6,726,900	6,726,900
M1 - MOBILE HOMES	464,880	N/A	464,880	464,880
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	44,014,334	0	44,014,334	44,014,334
Less Total Deductions	949,362	0	949,362	949,362
Total Taxable Value	43,064,972	0	43,064,972	43,064,972

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
43,230,722	43,064,972	43,122,527	42,956,777	43,470,722

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
165,750	108,195	240,000

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
43,230,722	43,064,972	43,122,527	42,956,777	43,470,722

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 LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

117-907-02/Spring Creek ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	633,710	N/A	633,710	633,710
B - MULTIFAMILY	2,188,140	N/A	2,188,140	2,188,140
C1 - VACANT LOTS	89,740	N/A	89,740	89,740
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	5,398,830	N/A	5,398,830	5,398,830
D2 - FARM & RANCH IMP	1,926,010	N/A	1,926,010	1,926,010
E - NON-AG LAND AND IMPROVEMENTS	1,333,410	N/A	1,333,410	1,333,410
F1 - COMMERCIAL REAL	318,140	N/A	318,140	318,140
F2 - INDUSTRIAL REAL	31,500	N/A	31,500	31,500
G - ALL MINERALS	9,201,544	N/A	9,201,544	9,201,544
J - ALL UTILITIES	15,665,720	N/A	15,665,720	15,665,720
L1 - COMMERCIAL PERSONAL	35,810	N/A	35,810	35,810
L2 - INDUSTRIAL PERSONAL	6,726,900	N/A	6,726,900	6,726,900
M1 - MOBILE HOMES	464,880	N/A	464,880	464,880
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	44,014,334		44,014,334	44,014,334
Less Total Deductions	949,362		949,362	949,362
Total Taxable Value	43,064,972		43,064,972	43,064,972

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
43,230,722	43,064,972	43,122,527	42,956,777	43,470,722

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
165,750	108,195	240,000

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
43,230,722	43,064,972	43,122,527	42,956,777	43,470,722

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