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2023 ISD Summary Worksheet
176-Newton/Newton County
176-902/Newton ISD
| Category | Local Tax Roll Value | 2023 WTD Mean Ratio | 2023 PTAD Value Estimate | 2023 Value Assigned |
|---|---|---|---|---|
| A - SINGLE-FAMILY | 130,931,042 | N/A | 130,931,042 | 130,931,042 |
| B - MULTIFAMILY | 1,461,525 | N/A | 1,461,525 | 1,461,525 |
| C1 - VACANT LOTS | 11,946,810 | N/A | 11,946,810 | 11,946,810 |
| C2 - COLONIA LOTS | 0 | N/A | 0 | 0 |
| D1 ACRES - QUALIFIED OPEN-SPACE LAND | 56,600,994 | N/A | 56,600,994 | 56,600,994 |
| D2 - FARM & RANCH IMP | 819,223 | N/A | 819,223 | 819,223 |
| E - NON-AG LAND AND IMPROVEMENTS | 164,474,482 | N/A | 164,474,482 | 164,474,482 |
| F1 - COMMERCIAL REAL | 16,684,104 | N/A | 16,684,104 | 16,684,104 |
| F2 - INDUSTRIAL REAL | 2,428,301 | N/A | 2,428,301 | 2,428,301 |
| G - ALL MINERALS | 53,566,353 | N/A | 53,566,353 | 53,566,353 |
| J - ALL UTILITIES | 26,702,800 | N/A | 26,702,800 | 26,702,800 |
| L1 - COMMERCIAL PERSONAL | 4,688,344 | N/A | 4,688,344 | 4,688,344 |
| L2 - INDUSTRIAL PERSONAL | 6,305,140 | N/A | 6,305,140 | 6,305,140 |
| M1 - MOBILE HOMES | 23,752,633 | N/A | 23,752,633 | 23,752,633 |
| N - INTANGIBLE PERSONAL PROPERTY | 0 | N/A | 0 | 0 |
| O - RESIDENTIAL INVENTORY | 7,623 | N/A | 7,623 | 7,623 |
| S - SPECIAL INVENTORY | 0 | N/A | 0 | 0 |
| Subtotal | 500,369,374 | 0 | 500,369,374 | 500,369,374 |
| Less Total Deductions | 163,403,560 | 0 | 163,403,560 | 163,403,560 |
| Total Taxable Value | 336,965,814 | 0 | 336,965,814 | 336,965,814 |
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 | 384,544,944 | School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption |
| T2 | 336,965,814 | 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 | 374,747,638 | T1 minus 50% of the loss to the local optional percentage homestead exemption |
| T4 | 327,168,508 | T2 minus 50% of the loss to the local optional percentage homestead exemption |
| T13 | 413,134,944 | T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions |
| T15 | 432,194,944 | T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T17 | 340,503,022 | 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 | 384,544,944 | School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption |
| T8 | 336,965,814 | 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 | 374,747,638 | T7 minus 50% of the loss to the local optional percentage homestead exemption |
| T10 | 327,168,508 | T8 minus 50% of the loss to the local optional percentage homestead exemption |
| T14 | 413,134,944 | T13 plus the loss to the chapter 313 agreement |
| T16 | 432,194,944 | T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T18 | 340,503,022 | T17 plus the loss to the chapter 313 agreement |
MISCELLANEOUS LOSS AMOUNTS
| Measure | Value | Description |
|---|---|---|
| LOSS_INCR_HMSTD | 47,579,130 | Loss to the increase in the state-mandated homestead |
| LOSS_LOCL_HMSTD | 9,797,306 | 50% of the loss to the local optional percentage homestead exemption |
| LOSS_PREV_INCR_HMSTD | 28,590,000 | Loss to the previous increase in the state-mandated homestead |
| LOSS_SCND_INCR_HMSTD | 19,060,000 | Loss to Second Previous Homestead Increase |
THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED
176-902-02/Newton ISD
| Category | Local Tax Roll Value | 2023 WTD Mean Ratio | 2023 PTAD Value Estimate | 2023 Value Assigned |
|---|---|---|---|---|
| A - SINGLE-FAMILY | 130,931,042 | N/A | 130,931,042 | 130,931,042 |
| B - MULTIFAMILY | 1,461,525 | N/A | 1,461,525 | 1,461,525 |
| C1 - VACANT LOTS | 11,946,810 | N/A | 11,946,810 | 11,946,810 |
| C2 - COLONIA LOTS | 0 | N/A | 0 | 0 |
| D1 ACRES - QUALIFIED OPEN-SPACE LAND | 56,600,994 | N/A | 56,600,994 | 56,600,994 |
| D2 - FARM & RANCH IMP | 819,223 | N/A | 819,223 | 819,223 |
| E - NON-AG LAND AND IMPROVEMENTS | 164,474,482 | N/A | 164,474,482 | 164,474,482 |
| F1 - COMMERCIAL REAL | 16,684,104 | N/A | 16,684,104 | 16,684,104 |
| F2 - INDUSTRIAL REAL | 2,428,301 | N/A | 2,428,301 | 2,428,301 |
| G - ALL MINERALS | 53,566,353 | N/A | 53,566,353 | 53,566,353 |
| J - ALL UTILITIES | 26,702,800 | N/A | 26,702,800 | 26,702,800 |
| L1 - COMMERCIAL PERSONAL | 4,688,344 | N/A | 4,688,344 | 4,688,344 |
| L2 - INDUSTRIAL PERSONAL | 6,305,140 | N/A | 6,305,140 | 6,305,140 |
| M1 - MOBILE HOMES | 23,752,633 | N/A | 23,752,633 | 23,752,633 |
| N - INTANGIBLE PERSONAL PROPERTY | 0 | N/A | 0 | 0 |
| O - RESIDENTIAL INVENTORY | 7,623 | N/A | 7,623 | 7,623 |
| S - SPECIAL INVENTORY | 0 | N/A | 0 | 0 |
| Subtotal | 500,369,374 | 500,369,374 | 500,369,374 | |
| Less Total Deductions | 163,403,560 | 163,403,560 | 163,403,560 | |
| Total Taxable Value | 336,965,814 | 336,965,814 | 336,965,814 |
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 | 384,544,944 | School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption |
| T2 | 336,965,814 | 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 | 374,747,638 | T1 minus 50% of the loss to the local optional percentage homestead exemption |
| T4 | 327,168,508 | T2 minus 50% of the loss to the local optional percentage homestead exemption |
| T13 | 413,134,944 | T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions |
| T15 | 432,194,944 | T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T17 | 340,503,022 | 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 | 384,544,944 | School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption |
| T8 | 336,965,814 | 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 | 374,747,638 | T7 minus 50% of the loss to the local optional percentage homestead exemption |
| T10 | 327,168,508 | T8 minus 50% of the loss to the local optional percentage homestead exemption |
| T14 | 413,134,944 | T13 plus the loss to the chapter 313 agreement |
| T16 | 432,194,944 | T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T18 | 340,503,022 | T17 plus the loss to the chapter 313 agreement |
MISCELLANEOUS LOSS AMOUNTS
| Measure | Value | Description |
|---|---|---|
| LOSS_INCR_HMSTD | 47,579,130 | Loss to the increase in the state-mandated homestead |
| LOSS_LOCL_HMSTD | 9,797,306 | 50% of the loss to the local optional percentage homestead exemption |
| LOSS_PREV_INCR_HMSTD | 28,590,000 | Loss to the previous increase in the state-mandated homestead |
| LOSS_SCND_INCR_HMSTD | 19,060,000 | Loss to Second Previous Homestead Increase |