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