taxes Property Tax Assistance

2024 ISD Summary Worksheet

Arp ISD (all splits)   Smith County  

212-Smith/Smith County

212-901/Arp ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 521,181,207 N/A 521,181,207 521,181,207
B - MULTIFAMILY 1,868,279 N/A 1,868,279 1,868,279
C1 - VACANT LOTS 16,986,246 N/A 16,986,246 16,986,246
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,452,884 N/A 5,452,884 5,452,884
D2 - FARM & RANCH IMP 3,845,227 N/A 3,845,227 3,845,227
E - NON-AG LAND AND IMPROVEMENTS 149,926,985 N/A 149,926,985 149,926,985
F1 - COMMERCIAL REAL 13,315,974 N/A 13,315,974 13,315,974
F2 - INDUSTRIAL REAL 1,577,849 N/A 1,577,849 1,577,849
G - ALL MINERALS 33,522,513 N/A 33,522,513 33,522,513
J - ALL UTILITIES 61,159,218 N/A 61,159,218 61,159,218
L1 - COMMERCIAL PERSONAL 3,555,776 N/A 3,555,776 3,555,776
L2 - INDUSTRIAL PERSONAL 10,060,371 N/A 10,060,371 10,060,371
M1 - MOBILE HOMES 9,425,201 N/A 9,425,201 9,425,201
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,337,720 N/A 1,337,720 1,337,720
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 833,215,450 0 833,215,450 833,215,450
Less Total Deductions 312,209,883 0 312,209,883 312,209,883
Total Taxable Value 521,005,567 0 521,005,567 521,005,567

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 593,934,708 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 521,005,567 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 545,948,247 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 473,019,106 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 619,959,708 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 637,309,708 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 520,308,799 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 593,934,708 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 521,005,567 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 545,948,247 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 473,019,106 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 619,959,708 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 637,309,708 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 520,308,799 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 72,929,141 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 47,986,461 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 26,025,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 17,350,000 Loss to the third most recent increase in the state-mandated homestead exemption

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


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212-901-02/Arp ISD



Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 521,181,207 N/A 521,181,207 521,181,207
B - MULTIFAMILY 1,868,279 N/A 1,868,279 1,868,279
C1 - VACANT LOTS 16,986,246 N/A 16,986,246 16,986,246
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,452,884 N/A 5,452,884 5,452,884
D2 - FARM & RANCH IMP 3,845,227 N/A 3,845,227 3,845,227
E - NON-AG LAND AND IMPROVEMENTS 149,926,985 N/A 149,926,985 149,926,985
F1 - COMMERCIAL REAL 13,315,974 N/A 13,315,974 13,315,974
F2 - INDUSTRIAL REAL 1,577,849 N/A 1,577,849 1,577,849
G - ALL MINERALS 33,522,513 N/A 33,522,513 33,522,513
J - ALL UTILITIES 61,159,218 N/A 61,159,218 61,159,218
L1 - COMMERCIAL PERSONAL 3,555,776 N/A 3,555,776 3,555,776
L2 - INDUSTRIAL PERSONAL 10,060,371 N/A 10,060,371 10,060,371
M1 - MOBILE HOMES 9,425,201 N/A 9,425,201 9,425,201
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,337,720 N/A 1,337,720 1,337,720
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 833,215,450 833,215,450 833,215,450
Less Total Deductions 312,209,883 312,209,883 312,209,883
Total Taxable Value 521,005,567 521,005,567 521,005,567

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 593,934,708 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 521,005,567 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 545,948,247 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 473,019,106 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 619,959,708 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 637,309,708 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 520,308,799 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 593,934,708 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 521,005,567 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 545,948,247 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 473,019,106 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 619,959,708 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 637,309,708 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 520,308,799 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 72,929,141 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 47,986,461 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 26,025,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 17,350,000 Loss to the third most recent increase in the state-mandated homestead exemption

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