taxes Property Tax Assistance

2023 ISD Summary Worksheet

Smithville ISD (all splits)   Bastrop County   Fayette County  

011-Bastrop/Bastrop County

011-904/Smithville ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 955,416,624 N/A 955,416,624 955,416,624
B - MULTIFAMILY 18,086,319 N/A 18,086,319 18,086,319
C1 - VACANT LOTS 56,077,132 N/A 56,077,132 56,077,132
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 14,742,591 N/A 14,742,591 14,742,591
D2 - FARM & RANCH IMP 343,885 N/A 343,885 343,885
E - NON-AG LAND AND IMPROVEMENTS 718,966,066 N/A 718,966,066 718,966,066
F1 - COMMERCIAL REAL 76,999,788 N/A 76,999,788 76,999,788
F2 - INDUSTRIAL REAL 6,372,684 N/A 6,372,684 6,372,684
G - ALL MINERALS 10,931,161 N/A 10,931,161 10,931,161
J - ALL UTILITIES 62,305,758 N/A 62,305,758 62,305,758
L1 - COMMERCIAL PERSONAL 17,681,785 N/A 17,681,785 17,681,785
L2 - INDUSTRIAL PERSONAL 93,134,686 N/A 93,134,686 93,134,686
M1 - MOBILE HOMES 50,551,976 N/A 50,551,976 50,551,976
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 96,536 N/A 96,536 96,536
Subtotal 2,081,706,991 0 2,081,706,991 2,081,706,991
Less Total Deductions 677,480,729 0 677,480,729 677,480,729
Total Taxable Value 1,404,226,262 0 1,404,226,262 1,404,226,262

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

Measure Value Description
T1 1,556,789,473 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,404,226,262 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 1,556,789,473 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,404,226,262 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,609,784,473 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 1,645,114,473 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 1,474,570,000 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 1,617,806,616 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,465,243,405 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 1,617,806,616 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,465,243,405 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,670,801,616 T13 plus the loss to the chapter 313 agreement
T16 1,706,131,616 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 1,535,587,143 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 152,563,211 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 52,995,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 35,330,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED


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075-Fayette/Fayette County

011-904/Smithville ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 4,597,970 N/A 4,597,970 4,597,970
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 451,150 N/A 451,150 451,150
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 433,950 N/A 433,950 433,950
D2 - FARM & RANCH IMP 82,480 N/A 82,480 82,480
E - NON-AG LAND AND IMPROVEMENTS 25,492,600 N/A 25,492,600 25,492,600
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 408,730 N/A 408,730 408,730
J - ALL UTILITIES 2,832,990 N/A 2,832,990 2,832,990
L1 - COMMERCIAL PERSONAL 0 N/A 0 0
L2 - INDUSTRIAL PERSONAL 482,360 N/A 482,360 482,360
M1 - MOBILE HOMES 249,310 N/A 249,310 249,310
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 35,031,540 0 35,031,540 35,031,540
Less Total Deductions 7,126,614 0 7,126,614 7,126,614
Total Taxable Value 27,904,926 0 27,904,926 27,904,926

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

Measure Value Description
T1 30,163,278 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 27,904,926 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 30,163,278 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 27,904,926 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 31,063,278 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 31,663,278 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 28,566,253 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 30,163,278 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 27,904,926 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 30,163,278 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 27,904,926 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 31,063,278 T13 plus the loss to the chapter 313 agreement
T16 31,663,278 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 28,566,253 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 2,258,352 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 900,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 600,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED


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011-904-02/Smithville ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 960,014,594 N/A 960,014,594 960,014,594
B - MULTIFAMILY 18,086,319 N/A 18,086,319 18,086,319
C1 - VACANT LOTS 56,528,282 N/A 56,528,282 56,528,282
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 15,176,541 N/A 15,176,541 15,176,541
D2 - FARM & RANCH IMP 426,365 N/A 426,365 426,365
E - NON-AG LAND AND IMPROVEMENTS 744,458,666 N/A 744,458,666 744,458,666
F1 - COMMERCIAL REAL 76,999,788 N/A 76,999,788 76,999,788
F2 - INDUSTRIAL REAL 6,372,684 N/A 6,372,684 6,372,684
G - ALL MINERALS 11,339,891 N/A 11,339,891 11,339,891
J - ALL UTILITIES 65,138,748 N/A 65,138,748 65,138,748
L1 - COMMERCIAL PERSONAL 17,681,785 N/A 17,681,785 17,681,785
L2 - INDUSTRIAL PERSONAL 93,617,046 N/A 93,617,046 93,617,046
M1 - MOBILE HOMES 50,801,286 N/A 50,801,286 50,801,286
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 96,536 N/A 96,536 96,536
Subtotal 2,116,738,531 2,116,738,531 2,116,738,531
Less Total Deductions 684,607,343 684,607,343 684,607,343
Total Taxable Value 1,432,131,188 1,432,131,188 1,432,131,188

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

Measure Value Description
T1 1,586,952,751 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,432,131,188 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 1,586,952,751 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,432,131,188 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,640,847,751 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 1,676,777,751 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 1,503,136,253 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 1,647,969,894 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,493,148,331 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 1,647,969,894 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,493,148,331 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,701,864,894 T13 plus the loss to the chapter 313 agreement
T16 1,737,794,894 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 1,564,153,396 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 154,821,563 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 53,895,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 35,930,000 Loss to Second Previous Homestead Increase

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