taxes Property Tax Assistance

2022 ISD Summary Worksheet

Newton ISD (all splits)   Newton County  

176-Newton/Newton County

176-902/Newton ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 121,205,100 0.8981 134,957,243 121,205,100
B - MULTIFAMILY 1,325,600 N/A 1,325,600 1,325,600
C1 - VACANT LOTS 9,689,671 N/A 9,689,671 9,689,671
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 59,031,726 1.0284 57,403,921 59,031,726
D2 - FARM & RANCH IMP 648,889 N/A 648,889 648,889
E - NON-AG LAND AND IMPROVEMENTS 148,903,869 1.0434 142,710,244 148,903,869
F1 - COMMERCIAL REAL 15,785,440 N/A 15,785,440 15,785,440
F2 - INDUSTRIAL REAL 2,428,481 N/A 2,428,481 2,428,481
G - ALL MINERALS 61,863,763 1.0050 61,555,983 61,863,763
J - ALL UTILITIES 25,006,080 N/A 25,006,080 25,006,080
L1 - COMMERCIAL PERSONAL 3,989,789 N/A 3,989,789 3,989,789
L2 - INDUSTRIAL PERSONAL 6,238,160 N/A 6,238,160 6,238,160
M1 - MOBILE HOMES 24,200,085 N/A 24,200,085 24,200,085
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 6,098 N/A 6,098 6,098
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 480,322,751 0 485,945,684 480,322,751
Less Total Deductions 113,354,648 0 123,713,418 113,354,648
Total Taxable Value 366,968,103 0 362,232,266 366,968,103

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's office 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 school 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 382,259,255 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 366,968,103 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 367,185,906 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 351,894,754 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 401,209,255 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 382,259,255 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 366,968,103 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 367,185,906 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 351,894,754 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 401,209,255 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 15,291,152 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 15,073,349 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 18,950,000 Loss to the second most recent increase in the state-mandated homestead exemption

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


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176-902-02/Newton ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 121,205,100 0.8981 134,957,243 121,205,100
B - MULTIFAMILY 1,325,600 N/A 1,325,600 1,325,600
C1 - VACANT LOTS 9,689,671 N/A 9,689,671 9,689,671
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 59,031,726 1.0284 57,403,921 59,031,726
D2 - FARM & RANCH IMP 648,889 N/A 648,889 648,889
E - NON-AG LAND AND IMPROVEMENTS 148,903,869 1.0434 142,710,244 148,903,869
F1 - COMMERCIAL REAL 15,785,440 N/A 15,785,440 15,785,440
F2 - INDUSTRIAL REAL 2,428,481 N/A 2,428,481 2,428,481
G - ALL MINERALS 61,863,763 1.0050 61,555,983 61,863,763
J - ALL UTILITIES 25,006,080 N/A 25,006,080 25,006,080
L1 - COMMERCIAL PERSONAL 3,989,789 N/A 3,989,789 3,989,789
L2 - INDUSTRIAL PERSONAL 6,238,160 N/A 6,238,160 6,238,160
M1 - MOBILE HOMES 24,200,085 N/A 24,200,085 24,200,085
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 6,098 N/A 6,098 6,098
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 480,322,751 485,945,684 480,322,751
Less Total Deductions 113,354,648 123,713,418 113,354,648
Total Taxable Value 366,968,103 362,232,266 366,968,103

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's office 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 school 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 382,259,255 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 366,968,103 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 367,185,906 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 351,894,754 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 401,209,255 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 382,259,255 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 366,968,103 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 367,185,906 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 351,894,754 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 401,209,255 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 15,291,152 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 15,073,349 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 18,950,000 Loss to the second most recent increase in the state-mandated homestead exemption

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