taxes Property Tax Assistance

2022 ISD Summary Worksheet

212-Smith /Smith County

212-901/Arp ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	401,913,574	N/A	401,913,574	401,913,574
B - MULTIFAMILY	1,456,988	N/A	1,456,988	1,456,988
C1 - VACANT LOTS	15,068,022	N/A	15,068,022	15,068,022
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	5,405,155	N/A	5,405,155	5,405,155
D2 - FARM & RANCH IMP	4,283,796	N/A	4,283,796	4,283,796
E - NON-AG LAND AND IMPROVEMENTS	117,750,957	N/A	117,750,957	117,750,957
F1 - COMMERCIAL REAL	7,708,854	N/A	7,708,854	7,708,854
F2 - INDUSTRIAL REAL	1,563,476	N/A	1,563,476	1,563,476
G - ALL MINERALS	25,980,023	N/A	25,980,023	25,980,023
J - ALL UTILITIES	60,599,424	N/A	60,599,424	60,599,424
L1 - COMMERCIAL PERSONAL	3,810,069	N/A	3,810,069	3,810,069
L2 - INDUSTRIAL PERSONAL	6,432,194	N/A	6,432,194	6,432,194
M1 - MOBILE HOMES	9,166,481	N/A	9,166,481	9,166,481
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	40,640	N/A	40,640	40,640
S - SPECIAL INVENTORY	1,104	N/A	1,104	1,104
Subtotal	661,180,757	0	661,180,757	661,180,757
Less Total Deductions	168,968,980	0	168,968,980	168,968,980
Total Taxable Value	492,211,777	0	492,211,777	492,211,777

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
511,398,820	492,211,777	474,522,098	455,335,055	527,848,820

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
19,187,043	36,876,722	16,450,000

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
511,398,820	492,211,777	474,522,098	455,335,055	527,848,820

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

212-901-02/Arp ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	401,913,574	N/A	401,913,574	401,913,574
B - MULTIFAMILY	1,456,988	N/A	1,456,988	1,456,988
C1 - VACANT LOTS	15,068,022	N/A	15,068,022	15,068,022
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	5,405,155	N/A	5,405,155	5,405,155
D2 - FARM & RANCH IMP	4,283,796	N/A	4,283,796	4,283,796
E - NON-AG LAND AND IMPROVEMENTS	117,750,957	N/A	117,750,957	117,750,957
F1 - COMMERCIAL REAL	7,708,854	N/A	7,708,854	7,708,854
F2 - INDUSTRIAL REAL	1,563,476	N/A	1,563,476	1,563,476
G - ALL MINERALS	25,980,023	N/A	25,980,023	25,980,023
J - ALL UTILITIES	60,599,424	N/A	60,599,424	60,599,424
L1 - COMMERCIAL PERSONAL	3,810,069	N/A	3,810,069	3,810,069
L2 - INDUSTRIAL PERSONAL	6,432,194	N/A	6,432,194	6,432,194
M1 - MOBILE HOMES	9,166,481	N/A	9,166,481	9,166,481
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	40,640	N/A	40,640	40,640
S - SPECIAL INVENTORY	1,104	N/A	1,104	1,104
Subtotal	661,180,757		661,180,757	661,180,757
Less Total Deductions	168,968,980		168,968,980	168,968,980
Total Taxable Value	492,211,777		492,211,777	492,211,777

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
511,398,820	492,211,777	474,522,098	455,335,055	527,848,820

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
19,187,043	36,876,722	16,450,000

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
511,398,820	492,211,777	474,522,098	455,335,055	527,848,820

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