taxes Property Tax Assistance

2024 ISD Summary Worksheet

Tolar ISD (all splits)   Hood County  

111-Hood/Hood County

111-903/Tolar ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 99,621,196 1.0056 99,066,424 99,621,196
B - MULTIFAMILY 4,714,530 N/A 4,714,530 4,714,530
C1 - VACANT LOTS 38,252,840 N/A 38,252,840 38,252,840
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 6,691,860 1.0244 6,532,532 6,691,860
D2 - FARM & RANCH IMP 5,960,930 N/A 5,960,930 5,960,930
E - NON-AG LAND AND IMPROVEMENTS 337,361,659 0.9663 349,127,247 337,361,659
F1 - COMMERCIAL REAL 20,646,530 N/A 20,646,530 20,646,530
F2 - INDUSTRIAL REAL 1,620,310 N/A 1,620,310 1,620,310
G - ALL MINERALS 2,971,570 N/A 2,971,570 2,971,570
J - ALL UTILITIES 118,007,180 0.9362 126,049,113 118,007,180
L1 - COMMERCIAL PERSONAL 4,681,510 N/A 4,681,510 4,681,510
L2 - INDUSTRIAL PERSONAL 17,124,710 N/A 17,124,710 17,124,710
M1 - MOBILE HOMES 5,335,640 N/A 5,335,640 5,335,640
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 10,206,600 N/A 10,206,600 10,206,600
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 673,197,065 0 692,290,486 673,197,065
Less Total Deductions 154,214,500 0 153,545,292 154,214,500
Total Taxable Value 518,982,565 0 538,745,194 518,982,565

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's office 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 school 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 566,794,699 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 518,982,565 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 566,794,699 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 518,982,565 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 581,149,699 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 590,719,699 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 543,526,802 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 566,794,699 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 518,982,565 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 566,794,699 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 518,982,565 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 581,149,699 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 590,719,699 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 543,526,802 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 47,812,134 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 14,355,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 9,570,000 Loss to the third most recent increase in the state-mandated homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED.


Back to top


111-903-02/Tolar ISD



Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 99,621,196 1.0056 99,066,424 99,621,196
B - MULTIFAMILY 4,714,530 N/A 4,714,530 4,714,530
C1 - VACANT LOTS 38,252,840 N/A 38,252,840 38,252,840
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 6,691,860 1.0244 6,532,532 6,691,860
D2 - FARM & RANCH IMP 5,960,930 N/A 5,960,930 5,960,930
E - NON-AG LAND AND IMPROVEMENTS 337,361,659 0.9663 349,127,247 337,361,659
F1 - COMMERCIAL REAL 20,646,530 N/A 20,646,530 20,646,530
F2 - INDUSTRIAL REAL 1,620,310 N/A 1,620,310 1,620,310
G - ALL MINERALS 2,971,570 N/A 2,971,570 2,971,570
J - ALL UTILITIES 118,007,180 0.9362 126,049,113 118,007,180
L1 - COMMERCIAL PERSONAL 4,681,510 N/A 4,681,510 4,681,510
L2 - INDUSTRIAL PERSONAL 17,124,710 N/A 17,124,710 17,124,710
M1 - MOBILE HOMES 5,335,640 N/A 5,335,640 5,335,640
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 10,206,600 N/A 10,206,600 10,206,600
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 673,197,065 692,290,486 673,197,065
Less Total Deductions 154,214,500 153,545,292 154,214,500
Total Taxable Value 518,982,565 538,745,194 518,982,565

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's office 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 school 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 566,794,699 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 518,982,565 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 566,794,699 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 518,982,565 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 581,149,699 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 590,719,699 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 543,526,802 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 566,794,699 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 518,982,565 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 566,794,699 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 518,982,565 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 581,149,699 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 590,719,699 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 543,526,802 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 47,812,134 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 14,355,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 9,570,000 Loss to the third most recent increase in the state-mandated homestead exemption

Back to top