taxes Property Tax Assistance

2022 ISD Summary Worksheet

202-Sabine/Sabine County

202-903/Hemphill ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	566,394,101	0.7808	725,402,281	725,402,281
B - MULTIFAMILY	414,628	N/A	414,628	414,628
C1 - VACANT LOTS	42,223,940	N/A	42,223,940	42,223,940
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	22,054,456	1.0711	20,590,886	20,590,886
D2 - FARM & RANCH IMP	2,099,460	N/A	2,099,460	2,099,460
E - NON-AG LAND AND IMPROVEMENTS	74,864,380	0.7813	95,820,274	95,820,274
F1 - COMMERCIAL REAL	55,258,633	0.9446	58,499,506	58,499,506
F2 - INDUSTRIAL REAL	204,040	N/A	204,040	204,040
G - ALL MINERALS	1,630,520	N/A	1,630,520	1,630,520
J - ALL UTILITIES	35,814,680	N/A	35,814,680	35,814,680
L1 - COMMERCIAL PERSONAL	12,961,171	N/A	12,961,171	12,961,171
L2 - INDUSTRIAL PERSONAL	5,910,930	N/A	5,910,930	5,910,930
M1 - MOBILE HOMES	21,903,361	N/A	21,903,361	21,903,361
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	377,670	N/A	377,670	377,670
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	842,111,970	0	1,023,853,347	1,023,853,347
Less Total Deductions	188,529,208	0	251,517,478	251,517,478
Total Taxable Value	653,582,762	0	772,335,869	772,335,869

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
800,248,517	772,335,869	800,248,517	772,335,869	825,548,517

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
27,912,648	0	25,300,000

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
800,248,517	772,335,869	800,248,517	772,335,869	825,548,517

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)

202-903-02/Hemphill ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	566,394,101	0.7808	725,402,281	725,402,281
B - MULTIFAMILY	414,628	N/A	414,628	414,628
C1 - VACANT LOTS	42,223,940	N/A	42,223,940	42,223,940
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	22,054,456	1.0711	20,590,886	20,590,886
D2 - FARM & RANCH IMP	2,099,460	N/A	2,099,460	2,099,460
E - NON-AG LAND AND IMPROVEMENTS	74,864,380	0.7813	95,820,274	95,820,274
F1 - COMMERCIAL REAL	55,258,633	0.9446	58,499,506	58,499,506
F2 - INDUSTRIAL REAL	204,040	N/A	204,040	204,040
G - ALL MINERALS	1,630,520	N/A	1,630,520	1,630,520
J - ALL UTILITIES	35,814,680	N/A	35,814,680	35,814,680
L1 - COMMERCIAL PERSONAL	12,961,171	N/A	12,961,171	12,961,171
L2 - INDUSTRIAL PERSONAL	5,910,930	N/A	5,910,930	5,910,930
M1 - MOBILE HOMES	21,903,361	N/A	21,903,361	21,903,361
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	377,670	N/A	377,670	377,670
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	842,111,970		1,023,853,347	1,023,853,347
Less Total Deductions	188,529,208		251,517,478	251,517,478
Total Taxable Value	653,582,762		772,335,869	772,335,869

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
800,248,517	772,335,869	800,248,517	772,335,869	825,548,517

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
27,912,648	0	25,300,000

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
800,248,517	772,335,869	800,248,517	772,335,869	825,548,517

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