taxes Property Tax Assistance

2024 ISD Summary Worksheet

Newton ISD (all splits)   Newton County  

176-Newton/Newton County

176-902/Newton ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 136,995,390 0.8855 154,709,644 136,995,390
B - MULTIFAMILY 1,469,012 N/A 1,469,012 1,469,012
C1 - VACANT LOTS 13,819,169 N/A 13,819,169 13,819,169
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 54,624,416 1.0156 53,786,372 54,624,416
D2 - FARM & RANCH IMP 802,958 N/A 802,958 802,958
E - NON-AG LAND AND IMPROVEMENTS 187,487,262 1.0133 185,026,411 187,487,262
F1 - COMMERCIAL REAL 17,193,282 N/A 17,193,282 17,193,282
F2 - INDUSTRIAL REAL 2,414,576 N/A 2,414,576 2,414,576
G - ALL MINERALS 67,368,143 0.9974 67,543,757 67,368,143
J - ALL UTILITIES 31,807,820 0.8682 36,636,512 31,807,820
L1 - COMMERCIAL PERSONAL 4,806,399 N/A 4,806,399 4,806,399
L2 - INDUSTRIAL PERSONAL 19,879,590 N/A 19,879,590 19,879,590
M1 - MOBILE HOMES 24,077,480 N/A 24,077,480 24,077,480
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 562,753,120 0 582,172,785 562,753,120
Less Total Deductions 184,753,651 0 198,625,997 184,753,651
Total Taxable Value 377,999,469 0 383,546,788 377,999,469

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 427,048,113 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 377,999,469 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 416,164,400 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 367,115,756 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 455,713,113 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 474,823,113 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 378,067,513 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 427,048,113 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 377,999,469 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 416,164,400 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 367,115,756 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 455,713,113 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 474,823,113 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 378,067,513 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 49,048,644 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 10,883,713 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 28,665,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 19,110,000 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.


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176-902-02/Newton ISD



Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 136,995,390 0.8855 154,709,644 136,995,390
B - MULTIFAMILY 1,469,012 N/A 1,469,012 1,469,012
C1 - VACANT LOTS 13,819,169 N/A 13,819,169 13,819,169
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 54,624,416 1.0156 53,786,372 54,624,416
D2 - FARM & RANCH IMP 802,958 N/A 802,958 802,958
E - NON-AG LAND AND IMPROVEMENTS 187,487,262 1.0133 185,026,411 187,487,262
F1 - COMMERCIAL REAL 17,193,282 N/A 17,193,282 17,193,282
F2 - INDUSTRIAL REAL 2,414,576 N/A 2,414,576 2,414,576
G - ALL MINERALS 67,368,143 0.9974 67,543,757 67,368,143
J - ALL UTILITIES 31,807,820 0.8682 36,636,512 31,807,820
L1 - COMMERCIAL PERSONAL 4,806,399 N/A 4,806,399 4,806,399
L2 - INDUSTRIAL PERSONAL 19,879,590 N/A 19,879,590 19,879,590
M1 - MOBILE HOMES 24,077,480 N/A 24,077,480 24,077,480
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 562,753,120 582,172,785 562,753,120
Less Total Deductions 184,753,651 198,625,997 184,753,651
Total Taxable Value 377,999,469 383,546,788 377,999,469

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 427,048,113 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 377,999,469 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 416,164,400 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 367,115,756 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 455,713,113 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 474,823,113 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 378,067,513 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 427,048,113 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 377,999,469 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 416,164,400 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 367,115,756 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 455,713,113 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 474,823,113 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 378,067,513 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 49,048,644 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 10,883,713 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 28,665,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 19,110,000 Loss to the third most recent increase in the state-mandated homestead exemption

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