taxes Property Tax Assistance

2023 ISD Summary Worksheet

112-Hopkins/Hopkins County

112-905/Cumby ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 43,956,770 0.7465 58,883,818 43,956,770
B - MULTIFAMILY 44,860 N/A 44,860 44,860
C1 - VACANT LOTS 1,124,560 N/A 1,124,560 1,124,560
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,533,180 1.2531 3,617,672 4,533,180
D2 - FARM & RANCH IMP 417,040 N/A 417,040 417,040
E - NON-AG LAND AND IMPROVEMENTS 85,286,270 0.8795 96,971,313 85,286,270
F1 - COMMERCIAL REAL 6,063,160 N/A 6,063,160 6,063,160
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 15,812,920 0.9643 16,398,341 15,812,920
L1 - COMMERCIAL PERSONAL 2,280,016 N/A 2,280,016 2,280,016
L2 - INDUSTRIAL PERSONAL 252,728 N/A 252,728 252,728
M1 - MOBILE HOMES 4,095,170 N/A 4,095,170 4,095,170
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 113,635 N/A 113,635 113,635
Subtotal 163,980,309 0 190,262,313 163,980,309
Less Total Deductions 65,446,092 0 79,931,195 65,446,092
Total Taxable Value 98,534,217 0 110,331,118 98,534,217

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 118,966,476 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 98,534,217 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 118,966,476 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 98,534,217 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 127,681,476 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 133,491,476 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 100,656,479 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 118,966,476 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 98,534,217 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 118,966,476 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 98,534,217 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 127,681,476 T13 plus the loss to the chapter 313 agreement
T16 133,491,476 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 100,656,479 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 20,432,259 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 8,715,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 5,810,000 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 TWO OF THE GRACE PERIOD

116-Hunt/Hunt County

112-905/Cumby ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 3,705,443 0.9751 3,800,065 3,705,443
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 257,410 N/A 257,410 257,410
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 580,560 0.8682 668,724 580,560
D2 - FARM & RANCH IMP 1,311,539 1.1752 1,116,013 1,311,539
E - NON-AG LAND AND IMPROVEMENTS 18,244,450 0.9647 18,912,045 18,244,450
F1 - COMMERCIAL REAL 357,820 N/A 357,820 357,820
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 2,077,500 0.9656 2,151,512 2,077,500
L1 - COMMERCIAL PERSONAL 16,250 N/A 16,250 16,250
L2 - INDUSTRIAL PERSONAL 62,480 N/A 62,480 62,480
M1 - MOBILE HOMES 349,920 N/A 349,920 349,920
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 26,963,372 0 27,692,239 26,963,372
Less Total Deductions 8,480,179 0 8,608,542 8,480,179
Total Taxable Value 18,483,193 0 19,083,697 18,483,193

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 20,650,766 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 18,483,193 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 20,650,766 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 18,483,193 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 21,625,766 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 22,275,766 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 18,915,597 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 20,650,766 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 18,483,193 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 20,650,766 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 18,483,193 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 21,625,766 T13 plus the loss to the chapter 313 agreement
T16 22,275,766 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 18,915,597 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 2,167,573 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 975,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 650,000 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

112-905-02/Cumby ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 47,662,213 0.7604 62,683,883 47,662,213
B - MULTIFAMILY 44,860 N/A 44,860 44,860
C1 - VACANT LOTS 1,381,970 N/A 1,381,970 1,381,970
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,113,740 1.1930 4,286,396 5,113,740
D2 - FARM & RANCH IMP 1,728,579 1.1275 1,533,053 1,728,579
E - NON-AG LAND AND IMPROVEMENTS 103,530,720 0.8934 115,883,358 103,530,720
F1 - COMMERCIAL REAL 6,420,980 N/A 6,420,980 6,420,980
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 17,890,420 0.9645 18,549,853 17,890,420
L1 - COMMERCIAL PERSONAL 2,296,266 N/A 2,296,266 2,296,266
L2 - INDUSTRIAL PERSONAL 315,208 N/A 315,208 315,208
M1 - MOBILE HOMES 4,445,090 N/A 4,445,090 4,445,090
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 113,635 N/A 113,635 113,635
Subtotal 190,943,681 217,954,552 190,943,681
Less Total Deductions 73,926,271 88,539,737 73,926,271
Total Taxable Value 117,017,410 129,414,815 117,017,410

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 139,617,242 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 117,017,410 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 139,617,242 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 117,017,410 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 149,307,242 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 155,767,242 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 119,572,076 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 139,617,242 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 117,017,410 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 139,617,242 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 117,017,410 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 149,307,242 T13 plus the loss to the chapter 313 agreement
T16 155,767,242 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 119,572,076 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 22,599,832 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 9,690,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 6,460,000 Loss to Second Previous Homestead Increase