taxes Property Tax Assistance

2023 ISD Summary Worksheet

176-Newton/Newton County

176-901/Burkeville ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 182,901,141 N/A 182,901,141 182,901,141
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 18,066,993 N/A 18,066,993 18,066,993
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 44,390,635 N/A 44,390,635 44,390,635
D2 - FARM & RANCH IMP 583,712 N/A 583,712 583,712
E - NON-AG LAND AND IMPROVEMENTS 87,270,467 N/A 87,270,467 87,270,467
F1 - COMMERCIAL REAL 9,175,801 N/A 9,175,801 9,175,801
F2 - INDUSTRIAL REAL 1,237,105 N/A 1,237,105 1,237,105
G - ALL MINERALS 16,221,570 N/A 16,221,570 16,221,570
J - ALL UTILITIES 14,732,995 N/A 14,732,995 14,732,995
L1 - COMMERCIAL PERSONAL 887,873 N/A 887,873 887,873
L2 - INDUSTRIAL PERSONAL 2,479,450 N/A 2,479,450 2,479,450
M1 - MOBILE HOMES 7,988,271 N/A 7,988,271 7,988,271
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 385,936,013 0 385,936,013 385,936,013
Less Total Deductions 84,703,777 0 84,703,777 84,703,777
Total Taxable Value 301,232,236 0 301,232,236 301,232,236

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 324,731,682 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 301,232,236 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 317,308,318 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 293,808,872 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 335,876,682 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 343,306,682 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 305,876,715 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 324,731,682 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 301,232,236 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 317,308,318 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 293,808,872 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 335,876,682 T13 plus the loss to the chapter 313 agreement
T16 343,306,682 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 305,876,715 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 23,499,446 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 7,423,364 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 11,145,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 7,430,000 Loss to Second Previous Homestead Increase

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

176-901-02/Burkeville ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 182,901,141 N/A 182,901,141 182,901,141
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 18,066,993 N/A 18,066,993 18,066,993
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 44,390,635 N/A 44,390,635 44,390,635
D2 - FARM & RANCH IMP 583,712 N/A 583,712 583,712
E - NON-AG LAND AND IMPROVEMENTS 87,270,467 N/A 87,270,467 87,270,467
F1 - COMMERCIAL REAL 9,175,801 N/A 9,175,801 9,175,801
F2 - INDUSTRIAL REAL 1,237,105 N/A 1,237,105 1,237,105
G - ALL MINERALS 16,221,570 N/A 16,221,570 16,221,570
J - ALL UTILITIES 14,732,995 N/A 14,732,995 14,732,995
L1 - COMMERCIAL PERSONAL 887,873 N/A 887,873 887,873
L2 - INDUSTRIAL PERSONAL 2,479,450 N/A 2,479,450 2,479,450
M1 - MOBILE HOMES 7,988,271 N/A 7,988,271 7,988,271
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 385,936,013 385,936,013 385,936,013
Less Total Deductions 84,703,777 84,703,777 84,703,777
Total Taxable Value 301,232,236 301,232,236 301,232,236

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 324,731,682 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 301,232,236 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 317,308,318 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 293,808,872 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 335,876,682 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 343,306,682 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 305,876,715 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 324,731,682 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 301,232,236 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 317,308,318 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 293,808,872 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 335,876,682 T13 plus the loss to the chapter 313 agreement
T16 343,306,682 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 305,876,715 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 23,499,446 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 7,423,364 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 11,145,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 7,430,000 Loss to Second Previous Homestead Increase