taxes Property Tax Assistance

2022 ISD Summary Worksheet

252-Young/Young County

252-902/Newcastle ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	5,873,060	N/A	5,873,060	5,873,060
B - MULTIFAMILY	440,270	N/A	440,270	440,270
C1 - VACANT LOTS	153,436	N/A	153,436	153,436
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	10,462,124	N/A	10,462,124	10,462,124
D2 - FARM & RANCH IMP	2,722,988	N/A	2,722,988	2,722,988
E - NON-AG LAND AND IMPROVEMENTS	35,299,228	N/A	35,299,228	35,299,228
F1 - COMMERCIAL REAL	2,643,920	N/A	2,643,920	2,643,920
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	13,644,420	N/A	13,644,420	13,644,420
J - ALL UTILITIES	16,931,170	N/A	16,931,170	16,931,170
L1 - COMMERCIAL PERSONAL	1,931,870	N/A	1,931,870	1,931,870
L2 - INDUSTRIAL PERSONAL	213,330	N/A	213,330	213,330
M1 - MOBILE HOMES	488,610	N/A	488,610	488,610
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	90,804,426	0	90,804,426	90,804,426
Less Total Deductions	13,143,495	0	13,143,495	13,143,495
Total Taxable Value	77,660,931	0	77,660,931	77,660,931

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
78,923,756	77,660,931	78,923,756	77,660,931	81,783,756

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
1,262,825	0	2,860,000

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
78,923,756	77,660,931	78,923,756	77,660,931	81,783,756

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

252-902-02/Newcastle ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	5,873,060	N/A	5,873,060	5,873,060
B - MULTIFAMILY	440,270	N/A	440,270	440,270
C1 - VACANT LOTS	153,436	N/A	153,436	153,436
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	10,462,124	N/A	10,462,124	10,462,124
D2 - FARM & RANCH IMP	2,722,988	N/A	2,722,988	2,722,988
E - NON-AG LAND AND IMPROVEMENTS	35,299,228	N/A	35,299,228	35,299,228
F1 - COMMERCIAL REAL	2,643,920	N/A	2,643,920	2,643,920
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	13,644,420	N/A	13,644,420	13,644,420
J - ALL UTILITIES	16,931,170	N/A	16,931,170	16,931,170
L1 - COMMERCIAL PERSONAL	1,931,870	N/A	1,931,870	1,931,870
L2 - INDUSTRIAL PERSONAL	213,330	N/A	213,330	213,330
M1 - MOBILE HOMES	488,610	N/A	488,610	488,610
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	90,804,426		90,804,426	90,804,426
Less Total Deductions	13,143,495		13,143,495	13,143,495
Total Taxable Value	77,660,931		77,660,931	77,660,931

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
78,923,756	77,660,931	78,923,756	77,660,931	81,783,756

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
1,262,825	0	2,860,000

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
78,923,756	77,660,931	78,923,756	77,660,931	81,783,756

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