taxes Property Tax Assistance

2025 ISD Summary Worksheet

New Summerfield ISD (all splits)   Cherokee County  

037-Cherokee/Cherokee County

037-908/New Summerfield ISD

Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 52,723,919 1.0380 50,793,756 52,723,919
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 3,249,670 N/A 3,249,670 3,249,670
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,078,050 1.1083 2,777,294 3,078,050
D2 - FARM & RANCH IMP 1,716,060 N/A 1,716,060 1,716,060
E - NON-AG LAND AND IMPROVEMENTS 62,312,070 0.8981 69,382,107 62,312,070
F1 - COMMERCIAL REAL 6,907,934 N/A 6,907,934 6,907,934
F2 - INDUSTRIAL REAL 6,911,480 N/A 6,911,480 6,911,480
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 14,095,840 0.8757 16,096,654 14,095,840
L1 - COMMERCIAL PERSONAL 7,921,080 N/A 7,921,080 7,921,080
L2 - INDUSTRIAL PERSONAL 7,955,630 N/A 7,955,630 7,955,630
M1 - MOBILE HOMES 6,098,220 N/A 6,098,220 6,098,220
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 303,320 N/A 303,320 303,320
Subtotal 173,273,273 0 180,113,205 173,273,273
Less Total Deductions 59,837,738 0 59,171,284 59,837,738
Total Taxable Value 113,435,535 0 120,941,921 113,435,535

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 119,537,141 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 113,435,535 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 119,537,141 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 113,435,535 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 134,308,861 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 139,093,704 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 115,398,977 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
T19 142,498,564 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 115,997,796 T-2 plus the cost of the most recent increase in the mandatory over-65 and disabled homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 119,537,141 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 113,435,535 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 119,537,141 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 113,435,535 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 134,308,861 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 139,093,704 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 115,398,977 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
T20 142,498,564 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 115,997,796 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 6,101,606 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 14,771,720 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 4,784,843 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 3,404,860 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 2,562,261 Loss to the increase in the Over-65/Disabled Homestead

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


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037-908-02/New Summerfield ISD



Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 52,723,919 1.0380 50,793,756 52,723,919
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 3,249,670 N/A 3,249,670 3,249,670
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,078,050 1.1083 2,777,294 3,078,050
D2 - FARM & RANCH IMP 1,716,060 N/A 1,716,060 1,716,060
E - NON-AG LAND AND IMPROVEMENTS 62,312,070 0.8981 69,382,107 62,312,070
F1 - COMMERCIAL REAL 6,907,934 N/A 6,907,934 6,907,934
F2 - INDUSTRIAL REAL 6,911,480 N/A 6,911,480 6,911,480
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 14,095,840 0.8757 16,096,654 14,095,840
L1 - COMMERCIAL PERSONAL 7,921,080 N/A 7,921,080 7,921,080
L2 - INDUSTRIAL PERSONAL 7,955,630 N/A 7,955,630 7,955,630
M1 - MOBILE HOMES 6,098,220 N/A 6,098,220 6,098,220
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 303,320 N/A 303,320 303,320
Subtotal 173,273,273 180,113,205 173,273,273
Less Total Deductions 59,837,738 59,171,284 59,837,738
Total Taxable Value 113,435,535 120,941,921 113,435,535

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 119,537,141 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 113,435,535 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 119,537,141 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 113,435,535 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 134,308,861 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 139,093,704 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 115,398,977 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
T19 142,498,564 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 115,997,796 T-2 plus the cost of the most recent increase in the mandatory over-65 and disabled homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 119,537,141 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 113,435,535 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 119,537,141 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 113,435,535 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 134,308,861 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 139,093,704 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 115,398,977 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
T20 142,498,564 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 115,997,796 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 6,101,606 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 14,771,720 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 4,784,843 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 3,404,860 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 2,562,261 Loss to the increase in the Over-65/Disabled Homestead

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