taxes Property Tax Assistance

2023 ISD Summary Worksheet

Murchison ISD (all splits)   Henderson County  

107-Henderson/Henderson County

107-908/Murchison ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 33,660,160 N/A 33,660,160 33,660,160
B - MULTIFAMILY 1,139,121 N/A 1,139,121 1,139,121
C1 - VACANT LOTS 981,535 N/A 981,535 981,535
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 613,524 N/A 613,524 613,524
D2 - FARM & RANCH IMP 6,800 N/A 6,800 6,800
E - NON-AG LAND AND IMPROVEMENTS 30,734,673 N/A 30,734,673 30,734,673
F1 - COMMERCIAL REAL 3,566,320 N/A 3,566,320 3,566,320
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 673,777 N/A 673,777 673,777
J - ALL UTILITIES 7,956,920 N/A 7,956,920 7,956,920
L1 - COMMERCIAL PERSONAL 1,844,606 N/A 1,844,606 1,844,606
L2 - INDUSTRIAL PERSONAL 779,910 N/A 779,910 779,910
M1 - MOBILE HOMES 1,438,546 N/A 1,438,546 1,438,546
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 282,423 N/A 282,423 282,423
Subtotal 83,678,315 0 83,678,315 83,678,315
Less Total Deductions 32,578,105 0 32,578,105 32,578,105
Total Taxable Value 51,100,210 0 51,100,210 51,100,210

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 59,028,966 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 51,100,210 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 59,028,966 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 51,100,210 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 62,568,966 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 64,928,966 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 52,506,517 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 59,028,966 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 51,100,210 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 59,028,966 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 51,100,210 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 62,568,966 T13 plus the loss to the chapter 313 agreement
T16 64,928,966 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 52,506,517 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 7,928,756 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 3,540,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 2,360,000 Loss to Second Previous Homestead Increase

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


Back to top

107-908-02/Murchison ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 33,660,160 N/A 33,660,160 33,660,160
B - MULTIFAMILY 1,139,121 N/A 1,139,121 1,139,121
C1 - VACANT LOTS 981,535 N/A 981,535 981,535
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 613,524 N/A 613,524 613,524
D2 - FARM & RANCH IMP 6,800 N/A 6,800 6,800
E - NON-AG LAND AND IMPROVEMENTS 30,734,673 N/A 30,734,673 30,734,673
F1 - COMMERCIAL REAL 3,566,320 N/A 3,566,320 3,566,320
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 673,777 N/A 673,777 673,777
J - ALL UTILITIES 7,956,920 N/A 7,956,920 7,956,920
L1 - COMMERCIAL PERSONAL 1,844,606 N/A 1,844,606 1,844,606
L2 - INDUSTRIAL PERSONAL 779,910 N/A 779,910 779,910
M1 - MOBILE HOMES 1,438,546 N/A 1,438,546 1,438,546
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 282,423 N/A 282,423 282,423
Subtotal 83,678,315 83,678,315 83,678,315
Less Total Deductions 32,578,105 32,578,105 32,578,105
Total Taxable Value 51,100,210 51,100,210 51,100,210

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 59,028,966 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 51,100,210 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 59,028,966 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 51,100,210 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 62,568,966 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 64,928,966 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 52,506,517 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 59,028,966 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 51,100,210 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 59,028,966 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 51,100,210 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 62,568,966 T13 plus the loss to the chapter 313 agreement
T16 64,928,966 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 52,506,517 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 7,928,756 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 3,540,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 2,360,000 Loss to Second Previous Homestead Increase

Back to top