taxes Property Tax Assistance

2023 ISD Summary Worksheet

083-Gaines/Gaines County

083-903/Seminole ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 349,768,294 0.8277 422,578,584 422,578,584
B - MULTIFAMILY 7,152,929 N/A 7,152,929 7,152,929
C1 - VACANT LOTS 96,462,194 N/A 96,462,194 96,462,194
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 62,988,489 0.7033 89,564,940 89,564,940
D2 - FARM & RANCH IMP 3,910,833 N/A 3,910,833 3,910,833
E - NON-AG LAND AND IMPROVEMENTS 809,685,260 0.8067 1,003,700,583 1,003,700,583
F1 - COMMERCIAL REAL 183,937,611 N/A 183,937,611 183,937,611
F2 - INDUSTRIAL REAL 204,956,760 N/A 204,956,760 204,956,760
G - ALL MINERALS 2,612,707,549 1.0035 2,603,594,967 2,603,594,967
J - ALL UTILITIES 170,663,590 N/A 170,663,590 170,663,590
L1 - COMMERCIAL PERSONAL 73,270,560 N/A 73,270,560 73,270,560
L2 - INDUSTRIAL PERSONAL 264,194,340 N/A 264,194,340 264,194,340
M1 - MOBILE HOMES 85,780,170 N/A 85,780,170 85,780,170
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 4,293,440 N/A 4,293,440 4,293,440
Subtotal 4,929,772,019 0 5,214,061,501 5,214,061,501
Less Total Deductions 387,363,650 0 426,146,907 426,146,907
Total Taxable Value 4,542,408,369 0 4,787,914,594 4,787,914,594

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 4,933,219,591 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 4,787,914,594 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 4,933,219,591 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 4,787,914,594 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 4,986,214,591 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 5,021,544,591 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 4,790,139,944 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 4,933,219,591 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 4,787,914,594 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 4,933,219,591 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 4,787,914,594 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 4,986,214,591 T13 plus the loss to the chapter 313 agreement
T16 5,021,544,591 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 4,790,139,944 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 145,304,997 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 INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS INELIGIBLE FOR GRACE

083-903-02/Seminole ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 349,768,294 0.8277 422,578,584 422,578,584
B - MULTIFAMILY 7,152,929 N/A 7,152,929 7,152,929
C1 - VACANT LOTS 96,462,194 N/A 96,462,194 96,462,194
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 62,988,489 0.7033 89,564,940 89,564,940
D2 - FARM & RANCH IMP 3,910,833 N/A 3,910,833 3,910,833
E - NON-AG LAND AND IMPROVEMENTS 809,685,260 0.8067 1,003,700,583 1,003,700,583
F1 - COMMERCIAL REAL 183,937,611 N/A 183,937,611 183,937,611
F2 - INDUSTRIAL REAL 204,956,760 N/A 204,956,760 204,956,760
G - ALL MINERALS 2,612,707,549 1.0035 2,603,594,967 2,603,594,967
J - ALL UTILITIES 170,663,590 N/A 170,663,590 170,663,590
L1 - COMMERCIAL PERSONAL 73,270,560 N/A 73,270,560 73,270,560
L2 - INDUSTRIAL PERSONAL 264,194,340 N/A 264,194,340 264,194,340
M1 - MOBILE HOMES 85,780,170 N/A 85,780,170 85,780,170
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 4,293,440 N/A 4,293,440 4,293,440
Subtotal 4,929,772,019 5,214,061,501 5,214,061,501
Less Total Deductions 387,363,650 426,146,907 426,146,907
Total Taxable Value 4,542,408,369 4,787,914,594 4,787,914,594

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 4,933,219,591 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 4,787,914,594 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 4,933,219,591 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 4,787,914,594 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 4,986,214,591 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 5,021,544,591 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 4,790,139,944 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 4,933,219,591 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 4,787,914,594 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 4,933,219,591 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 4,787,914,594 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 4,986,214,591 T13 plus the loss to the chapter 313 agreement
T16 5,021,544,591 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 4,790,139,944 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 145,304,997 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