taxes Property Tax Assistance

2023 ISD Summary Worksheet

Arp ISD (all splits)   Smith County  

212-Smith/Smith County

212-901/Arp ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 499,712,944 0.9775 511,215,288 499,712,944
B - MULTIFAMILY 1,704,063 N/A 1,704,063 1,704,063
C1 - VACANT LOTS 20,263,263 N/A 20,263,263 20,263,263
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,344,806 1.2916 4,138,203 5,344,806
D2 - FARM & RANCH IMP 5,042,005 N/A 5,042,005 5,042,005
E - NON-AG LAND AND IMPROVEMENTS 139,177,236 0.9941 140,003,255 139,177,236
F1 - COMMERCIAL REAL 7,870,182 N/A 7,870,182 7,870,182
F2 - INDUSTRIAL REAL 1,557,735 N/A 1,557,735 1,557,735
G - ALL MINERALS 34,798,909 N/A 34,798,909 34,798,909
J - ALL UTILITIES 60,513,197 0.9501 63,691,398 60,513,197
L1 - COMMERCIAL PERSONAL 3,752,660 N/A 3,752,660 3,752,660
L2 - INDUSTRIAL PERSONAL 8,523,885 N/A 8,523,885 8,523,885
M1 - MOBILE HOMES 9,571,953 N/A 9,571,953 9,571,953
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,282,941 N/A 1,282,941 1,282,941
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 799,115,779 0 813,415,740 799,115,779
Less Total Deductions 306,878,980 0 312,974,815 306,878,980
Total Taxable Value 492,236,799 0 500,440,925 492,236,799

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 559,800,110 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 492,236,799 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 513,317,906 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 445,754,595 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 585,360,110 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 602,400,110 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 521,462,858 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 559,800,110 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 492,236,799 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 513,317,906 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 445,754,595 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 585,360,110 T13 plus the loss to the chapter 313 agreement
T16 602,400,110 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 521,462,858 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 67,563,311 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 46,482,204 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 25,560,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 17,040,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED


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212-901-02/Arp ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 499,712,944 0.9775 511,215,288 499,712,944
B - MULTIFAMILY 1,704,063 N/A 1,704,063 1,704,063
C1 - VACANT LOTS 20,263,263 N/A 20,263,263 20,263,263
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,344,806 1.2916 4,138,203 5,344,806
D2 - FARM & RANCH IMP 5,042,005 N/A 5,042,005 5,042,005
E - NON-AG LAND AND IMPROVEMENTS 139,177,236 0.9941 140,003,255 139,177,236
F1 - COMMERCIAL REAL 7,870,182 N/A 7,870,182 7,870,182
F2 - INDUSTRIAL REAL 1,557,735 N/A 1,557,735 1,557,735
G - ALL MINERALS 34,798,909 N/A 34,798,909 34,798,909
J - ALL UTILITIES 60,513,197 0.9501 63,691,398 60,513,197
L1 - COMMERCIAL PERSONAL 3,752,660 N/A 3,752,660 3,752,660
L2 - INDUSTRIAL PERSONAL 8,523,885 N/A 8,523,885 8,523,885
M1 - MOBILE HOMES 9,571,953 N/A 9,571,953 9,571,953
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,282,941 N/A 1,282,941 1,282,941
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 799,115,779 813,415,740 799,115,779
Less Total Deductions 306,878,980 312,974,815 306,878,980
Total Taxable Value 492,236,799 500,440,925 492,236,799

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 559,800,110 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 492,236,799 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 513,317,906 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 445,754,595 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 585,360,110 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 602,400,110 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 521,462,858 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 559,800,110 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 492,236,799 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 513,317,906 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 445,754,595 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 585,360,110 T13 plus the loss to the chapter 313 agreement
T16 602,400,110 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 521,462,858 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 67,563,311 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 46,482,204 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 25,560,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 17,040,000 Loss to Second Previous Homestead Increase

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