taxes Property Tax Assistance

2023 ISD Summary Worksheet

111-Hood/Hood County

111-903/Tolar ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 91,651,490 N/A 91,651,490 91,651,490
B - MULTIFAMILY 4,700,130 N/A 4,700,130 4,700,130
C1 - VACANT LOTS 20,286,440 N/A 20,286,440 20,286,440
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 6,905,120 N/A 6,905,120 6,905,120
D2 - FARM & RANCH IMP 5,760,140 N/A 5,760,140 5,760,140
E - NON-AG LAND AND IMPROVEMENTS 325,074,857 N/A 325,074,857 325,074,857
F1 - COMMERCIAL REAL 20,405,810 N/A 20,405,810 20,405,810
F2 - INDUSTRIAL REAL 1,620,310 N/A 1,620,310 1,620,310
G - ALL MINERALS 2,747,680 N/A 2,747,680 2,747,680
J - ALL UTILITIES 85,717,840 N/A 85,717,840 85,717,840
L1 - COMMERCIAL PERSONAL 5,019,490 N/A 5,019,490 5,019,490
L2 - INDUSTRIAL PERSONAL 9,274,110 N/A 9,274,110 9,274,110
M1 - MOBILE HOMES 5,290,820 N/A 5,290,820 5,290,820
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 14,612,050 N/A 14,612,050 14,612,050
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 599,066,287 0 599,066,287 599,066,287
Less Total Deductions 160,747,339 0 160,747,339 160,747,339
Total Taxable Value 438,318,948 0 438,318,948 438,318,948

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 480,466,509 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 438,318,948 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 480,466,509 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 438,318,948 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 493,381,509 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 501,991,509 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 415,086,202 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 480,466,509 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 438,318,948 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 480,466,509 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 438,318,948 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 493,381,509 T13 plus the loss to the chapter 313 agreement
T16 501,991,509 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 415,086,202 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 42,147,561 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 12,915,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 8,610,000 Loss to Second Previous Homestead Increase

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

111-903-02/Tolar ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 91,651,490 N/A 91,651,490 91,651,490
B - MULTIFAMILY 4,700,130 N/A 4,700,130 4,700,130
C1 - VACANT LOTS 20,286,440 N/A 20,286,440 20,286,440
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 6,905,120 N/A 6,905,120 6,905,120
D2 - FARM & RANCH IMP 5,760,140 N/A 5,760,140 5,760,140
E - NON-AG LAND AND IMPROVEMENTS 325,074,857 N/A 325,074,857 325,074,857
F1 - COMMERCIAL REAL 20,405,810 N/A 20,405,810 20,405,810
F2 - INDUSTRIAL REAL 1,620,310 N/A 1,620,310 1,620,310
G - ALL MINERALS 2,747,680 N/A 2,747,680 2,747,680
J - ALL UTILITIES 85,717,840 N/A 85,717,840 85,717,840
L1 - COMMERCIAL PERSONAL 5,019,490 N/A 5,019,490 5,019,490
L2 - INDUSTRIAL PERSONAL 9,274,110 N/A 9,274,110 9,274,110
M1 - MOBILE HOMES 5,290,820 N/A 5,290,820 5,290,820
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 14,612,050 N/A 14,612,050 14,612,050
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 599,066,287 599,066,287 599,066,287
Less Total Deductions 160,747,339 160,747,339 160,747,339
Total Taxable Value 438,318,948 438,318,948 438,318,948

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 480,466,509 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 438,318,948 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 480,466,509 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 438,318,948 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 493,381,509 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 501,991,509 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 415,086,202 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 480,466,509 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 438,318,948 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 480,466,509 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 438,318,948 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 493,381,509 T13 plus the loss to the chapter 313 agreement
T16 501,991,509 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 415,086,202 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 42,147,561 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 12,915,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 8,610,000 Loss to Second Previous Homestead Increase