taxes Property Tax Assistance

2022 ISD Summary Worksheet

114-Howard /Howard County

114-904/Forsan ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 144,208,253 0.9599 150,232,579 144,208,253
B - MULTIFAMILY 109,352 N/A 109,352 109,352
C1 - VACANT LOTS 6,315,000 N/A 6,315,000 6,315,000
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,960,571 1.3533 2,187,700 2,960,571
D2 - FARM & RANCH IMP 98,556 N/A 98,556 98,556
E - NON-AG LAND AND IMPROVEMENTS 53,568,595 0.9169 58,423,596 53,568,595
F1 - COMMERCIAL REAL 12,265,123 N/A 12,265,123 12,265,123
F2 - INDUSTRIAL REAL 108,392,978 N/A 108,392,978 108,392,978
G - ALL MINERALS 382,431,330 0.9653 396,178,732 382,431,330
J - ALL UTILITIES 106,536,439 0.8905 119,636,652 106,536,439
L1 - COMMERCIAL PERSONAL 2,546,854 N/A 2,546,854 2,546,854
L2 - INDUSTRIAL PERSONAL 46,806,925 N/A 46,806,925 46,806,925
M1 - MOBILE HOMES 293,691 N/A 293,691 293,691
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 20,462 N/A 20,462 20,462
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 866,554,129 0 903,508,200 866,554,129
Less Total Deductions 66,223,042 0 68,560,977 66,223,042
Total Taxable Value 800,331,087 0 834,947,223 800,331,087

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
808,296,561 800,331,087 797,434,003 789,468,529 815,596,561


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
7,965,474 10,862,558 7,300,000


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
808,296,561 800,331,087 797,434,003 789,468,529 815,596,561

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

168-Mitchell /Mitchell County

114-904/Forsan ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 0 N/A 0 0
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 0 N/A 0 0
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 865,067 N/A 865,067 865,067
D2 - FARM & RANCH IMP 47,901 N/A 47,901 47,901
E - NON-AG LAND AND IMPROVEMENTS 213,803 N/A 213,803 213,803
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 249,111 N/A 249,111 249,111
J - ALL UTILITIES 1,715,240 N/A 1,715,240 1,715,240
L1 - COMMERCIAL PERSONAL 0 N/A 0 0
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 0 N/A 0 0
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 3,091,122 0 3,091,122 3,091,122
Less Total Deductions 0 0 0 0
Total Taxable Value 3,091,122 0 3,091,122 3,091,122

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
3,091,122 3,091,122 3,091,122 3,091,122 3,091,122


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
0 0 0


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
3,091,122 3,091,122 3,091,122 3,091,122 3,091,122

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

114-904-02/Forsan ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 144,208,253 0.9599 150,232,579 144,208,253
B - MULTIFAMILY 109,352 N/A 109,352 109,352
C1 - VACANT LOTS 6,315,000 N/A 6,315,000 6,315,000
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,825,638 1.2532 3,052,767 3,825,638
D2 - FARM & RANCH IMP 146,457 N/A 146,457 146,457
E - NON-AG LAND AND IMPROVEMENTS 53,782,398 0.9172 58,637,399 53,782,398
F1 - COMMERCIAL REAL 12,265,123 N/A 12,265,123 12,265,123
F2 - INDUSTRIAL REAL 108,392,978 N/A 108,392,978 108,392,978
G - ALL MINERALS 382,680,441 0.9653 396,427,843 382,680,441
J - ALL UTILITIES 108,251,679 0.8920 121,351,892 108,251,679
L1 - COMMERCIAL PERSONAL 2,546,854 N/A 2,546,854 2,546,854
L2 - INDUSTRIAL PERSONAL 46,806,925 N/A 46,806,925 46,806,925
M1 - MOBILE HOMES 293,691 N/A 293,691 293,691
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 20,462 N/A 20,462 20,462
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 869,645,251 906,599,322 869,645,251
Less Total Deductions 66,223,042 68,560,977 66,223,042
Total Taxable Value 803,422,209 838,038,345 803,422,209

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
811,387,683 803,422,209 800,525,125 792,559,651 818,687,683


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
7,965,474 10,862,558 7,300,000


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
811,387,683 803,422,209 800,525,125 792,559,651 818,687,683

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