taxes Property Tax Assistance

2023 ISD Summary Worksheet

Hughes Springs ISD (all splits)   Cass County   Morris County  

034-Cass/Cass County

034-903/Hughes Springs ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 76,526,660 0.9452 80,963,457 76,526,660
B - MULTIFAMILY 4,968,309 N/A 4,968,309 4,968,309
C1 - VACANT LOTS 2,596,520 N/A 2,596,520 2,596,520
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 7,464,160 1.1613 6,427,161 7,464,160
D2 - FARM & RANCH IMP 8,152,340 N/A 8,152,340 8,152,340
E - NON-AG LAND AND IMPROVEMENTS 152,323,805 0.8922 170,728,318 152,323,805
F1 - COMMERCIAL REAL 24,155,317 0.8592 28,113,730 24,155,317
F2 - INDUSTRIAL REAL 5,366,140 N/A 5,366,140 5,366,140
G - ALL MINERALS 487,757 N/A 487,757 487,757
J - ALL UTILITIES 16,631,460 0.9517 17,475,528 16,631,460
L1 - COMMERCIAL PERSONAL 7,507,918 N/A 7,507,918 7,507,918
L2 - INDUSTRIAL PERSONAL 16,146,870 N/A 16,146,870 16,146,870
M1 - MOBILE HOMES 6,697,670 N/A 6,697,670 6,697,670
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 678,100 N/A 678,100 678,100
Subtotal 329,703,026 0 356,309,818 329,703,026
Less Total Deductions 119,757,714 0 124,016,538 119,757,714
Total Taxable Value 209,945,312 0 232,293,280 209,945,312

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 256,684,822 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 209,945,312 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 256,684,822 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 209,945,312 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 273,244,822 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 284,284,822 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 217,787,467 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 256,684,822 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 209,945,312 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 256,684,822 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 209,945,312 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 273,244,822 T13 plus the loss to the chapter 313 agreement
T16 284,284,822 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 217,787,467 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 46,739,510 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 16,560,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 11,040,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD


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172-Morris/Morris County

034-903/Hughes Springs ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 2,678,280 N/A 2,678,280 2,678,280
B - MULTIFAMILY 546,500 N/A 546,500 546,500
C1 - VACANT LOTS 135,820 N/A 135,820 135,820
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 551,940 N/A 551,940 551,940
D2 - FARM & RANCH IMP 0 N/A 0 0
E - NON-AG LAND AND IMPROVEMENTS 8,483,630 N/A 8,483,630 8,483,630
F1 - COMMERCIAL REAL 154,250 N/A 154,250 154,250
F2 - INDUSTRIAL REAL 8,156,760 N/A 8,156,760 8,156,760
G - ALL MINERALS 12,761,960 N/A 12,761,960 12,761,960
J - ALL UTILITIES 4,252,560 N/A 4,252,560 4,252,560
L1 - COMMERCIAL PERSONAL 25,810 N/A 25,810 25,810
L2 - INDUSTRIAL PERSONAL 21,264,020 N/A 21,264,020 21,264,020
M1 - MOBILE HOMES 3,980 N/A 3,980 3,980
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 59,015,510 0 59,015,510 59,015,510
Less Total Deductions 2,244,990 0 2,244,990 2,244,990
Total Taxable Value 56,770,520 0 56,770,520 56,770,520

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 57,558,060 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 56,770,520 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 57,558,060 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 56,770,520 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 57,993,060 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 58,283,060 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 56,770,520 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 57,558,060 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 56,770,520 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 57,558,060 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 56,770,520 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 57,993,060 T13 plus the loss to the chapter 313 agreement
T16 58,283,060 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 56,770,520 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 787,540 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 435,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 290,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID BECAUSE THIS PORTION OF THE SCHOOL DISTRICT WAS TOO SMALL TO BE STUDIED, AND LOCAL VALUE WAS CERTIFIED


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034-903-02/Hughes Springs ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 79,204,940 0.9470 83,641,737 79,204,940
B - MULTIFAMILY 5,514,809 N/A 5,514,809 5,514,809
C1 - VACANT LOTS 2,732,340 N/A 2,732,340 2,732,340
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 8,016,100 1.1486 6,979,101 8,016,100
D2 - FARM & RANCH IMP 8,152,340 N/A 8,152,340 8,152,340
E - NON-AG LAND AND IMPROVEMENTS 160,807,435 0.8973 179,211,948 160,807,435
F1 - COMMERCIAL REAL 24,309,567 0.8600 28,267,980 24,309,567
F2 - INDUSTRIAL REAL 13,522,900 N/A 13,522,900 13,522,900
G - ALL MINERALS 13,249,717 N/A 13,249,717 13,249,717
J - ALL UTILITIES 20,884,020 0.9612 21,728,088 20,884,020
L1 - COMMERCIAL PERSONAL 7,533,728 N/A 7,533,728 7,533,728
L2 - INDUSTRIAL PERSONAL 37,410,890 N/A 37,410,890 37,410,890
M1 - MOBILE HOMES 6,701,650 N/A 6,701,650 6,701,650
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 678,100 N/A 678,100 678,100
Subtotal 388,718,536 415,325,328 388,718,536
Less Total Deductions 122,002,704 126,261,528 122,002,704
Total Taxable Value 266,715,832 289,063,800 266,715,832

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 314,242,882 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 266,715,832 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 314,242,882 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 266,715,832 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 331,237,882 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 342,567,882 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 274,557,987 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 314,242,882 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 266,715,832 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 314,242,882 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 266,715,832 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 331,237,882 T13 plus the loss to the chapter 313 agreement
T16 342,567,882 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 274,557,987 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 47,527,050 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 16,995,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 11,330,000 Loss to Second Previous Homestead Increase

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