taxes Property Tax Assistance

2022 ISD Summary Worksheet

237-Waller /Waller County

237-902/Hempstead ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	413,018,658	0.9289	444,631,993	413,018,658
B - MULTIFAMILY	14,224,339	N/A	14,224,339	14,224,339
C1 - VACANT LOTS	37,734,526	N/A	37,734,526	37,734,526
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	9,814,303	0.9471	10,362,896	9,814,303
D2 - FARM & RANCH IMP	23,755,117	N/A	23,755,117	23,755,117
E - NON-AG LAND AND IMPROVEMENTS	360,753,835	1.0081	357,855,208	360,753,835
F1 - COMMERCIAL REAL	120,598,406	0.8385	143,826,364	120,598,406
F2 - INDUSTRIAL REAL	23,037,820	N/A	23,037,820	23,037,820
G - ALL MINERALS	378,727	N/A	378,727	378,727
J - ALL UTILITIES	27,103,330	N/A	27,103,330	27,103,330
L1 - COMMERCIAL PERSONAL	30,770,580	N/A	30,770,580	30,770,580
L2 - INDUSTRIAL PERSONAL	7,700,930	N/A	7,700,930	7,700,930
M1 - MOBILE HOMES	17,026,773	N/A	17,026,773	17,026,773
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	175,080	N/A	175,080	175,080
Subtotal	1,086,092,424	0	1,138,583,683	1,086,092,424
Less Total Deductions	170,653,923	0	187,757,039	170,653,923
Total Taxable Value	915,438,501	0	950,826,644	915,438,501

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
937,453,098	915,438,501	937,453,098	915,438,501	956,913,098

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
22,014,597	0	19,460,000

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
937,453,098	915,438,501	937,453,098	915,438,501	956,913,098

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

237-902-02/Hempstead ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	413,018,658	0.9289	444,631,993	413,018,658
B - MULTIFAMILY	14,224,339	N/A	14,224,339	14,224,339
C1 - VACANT LOTS	37,734,526	N/A	37,734,526	37,734,526
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	9,814,303	0.9471	10,362,896	9,814,303
D2 - FARM & RANCH IMP	23,755,117	N/A	23,755,117	23,755,117
E - NON-AG LAND AND IMPROVEMENTS	360,753,835	1.0081	357,855,208	360,753,835
F1 - COMMERCIAL REAL	120,598,406	0.8385	143,826,364	120,598,406
F2 - INDUSTRIAL REAL	23,037,820	N/A	23,037,820	23,037,820
G - ALL MINERALS	378,727	N/A	378,727	378,727
J - ALL UTILITIES	27,103,330	N/A	27,103,330	27,103,330
L1 - COMMERCIAL PERSONAL	30,770,580	N/A	30,770,580	30,770,580
L2 - INDUSTRIAL PERSONAL	7,700,930	N/A	7,700,930	7,700,930
M1 - MOBILE HOMES	17,026,773	N/A	17,026,773	17,026,773
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	175,080	N/A	175,080	175,080
Subtotal	1,086,092,424		1,138,583,683	1,086,092,424
Less Total Deductions	170,653,923		187,757,039	170,653,923
Total Taxable Value	915,438,501		950,826,644	915,438,501

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
937,453,098	915,438,501	937,453,098	915,438,501	956,913,098

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
22,014,597	0	19,460,000

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
937,453,098	915,438,501	937,453,098	915,438,501	956,913,098

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