taxes Property Tax Assistance

2023 ISD Summary Worksheet

117-Hutchinson/Hutchinson County

117-904/Plemons-Stinnett-Phillips CISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 86,649,430 0.9228 93,898,385 86,649,430
B - MULTIFAMILY 97,940 N/A 97,940 97,940
C1 - VACANT LOTS 2,775,420 N/A 2,775,420 2,775,420
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 11,118,592 1.0498 10,590,740 11,118,592
D2 - FARM & RANCH IMP 1,775,240 N/A 1,775,240 1,775,240
E - NON-AG LAND AND IMPROVEMENTS 15,371,830 0.8984 17,110,229 15,371,830
F1 - COMMERCIAL REAL 4,629,650 N/A 4,629,650 4,629,650
F2 - INDUSTRIAL REAL 833,261,220 N/A 833,261,220 833,261,220
G - ALL MINERALS 25,067,007 1.0285 24,372,394 25,067,007
J - ALL UTILITIES 50,264,530 1.0180 49,375,766 50,264,530
L1 - COMMERCIAL PERSONAL 4,059,020 N/A 4,059,020 4,059,020
L2 - INDUSTRIAL PERSONAL 492,567,706 N/A 492,567,706 492,567,706
M1 - MOBILE HOMES 1,801,870 N/A 1,801,870 1,801,870
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 8,200 N/A 8,200 8,200
S - SPECIAL INVENTORY 341,540 N/A 341,540 341,540
Subtotal 1,529,789,195 0 1,536,665,320 1,529,789,195
Less Total Deductions 149,856,085 0 151,619,159 149,856,085
Total Taxable Value 1,379,933,110 0 1,385,046,161 1,379,933,110

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 1,404,033,260 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,379,933,110 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 1,400,487,825 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,376,387,675 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,415,133,260 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 1,422,533,260 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 1,383,169,967 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 1,404,033,260 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,379,933,110 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 1,400,487,825 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,376,387,675 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,415,133,260 T13 plus the loss to the chapter 313 agreement
T16 1,422,533,260 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 1,383,169,967 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 24,100,150 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 3,545,435 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 11,100,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 7,400,000 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

117-904-02/Plemons-Stinnett-Phillips CISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 86,649,430 0.9228 93,898,385 86,649,430
B - MULTIFAMILY 97,940 N/A 97,940 97,940
C1 - VACANT LOTS 2,775,420 N/A 2,775,420 2,775,420
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 11,118,592 1.0498 10,590,740 11,118,592
D2 - FARM & RANCH IMP 1,775,240 N/A 1,775,240 1,775,240
E - NON-AG LAND AND IMPROVEMENTS 15,371,830 0.8984 17,110,229 15,371,830
F1 - COMMERCIAL REAL 4,629,650 N/A 4,629,650 4,629,650
F2 - INDUSTRIAL REAL 833,261,220 N/A 833,261,220 833,261,220
G - ALL MINERALS 25,067,007 1.0285 24,372,394 25,067,007
J - ALL UTILITIES 50,264,530 1.0180 49,375,766 50,264,530
L1 - COMMERCIAL PERSONAL 4,059,020 N/A 4,059,020 4,059,020
L2 - INDUSTRIAL PERSONAL 492,567,706 N/A 492,567,706 492,567,706
M1 - MOBILE HOMES 1,801,870 N/A 1,801,870 1,801,870
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 8,200 N/A 8,200 8,200
S - SPECIAL INVENTORY 341,540 N/A 341,540 341,540
Subtotal 1,529,789,195 1,536,665,320 1,529,789,195
Less Total Deductions 149,856,085 151,619,159 149,856,085
Total Taxable Value 1,379,933,110 1,385,046,161 1,379,933,110

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 1,404,033,260 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,379,933,110 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 1,400,487,825 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,376,387,675 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,415,133,260 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 1,422,533,260 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 1,383,169,967 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 1,404,033,260 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,379,933,110 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 1,400,487,825 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,376,387,675 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,415,133,260 T13 plus the loss to the chapter 313 agreement
T16 1,422,533,260 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 1,383,169,967 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 24,100,150 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 3,545,435 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 11,100,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 7,400,000 Loss to Second Previous Homestead Increase