taxes Property Tax Assistance

2025 ISD Summary Worksheet

Hereford ISD (all splits)   Castro County   Deaf Smith County   Parmer County  

035-Castro/Castro County

059-901/Hereford ISD

Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 0 N/A 0 0
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 0 N/A 0 0
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 10,267,980 N/A 10,267,980 10,267,980
D2 - FARM & RANCH IMP 1,478,350 N/A 1,478,350 1,478,350
E - NON-AG LAND AND IMPROVEMENTS 7,411,770 N/A 7,411,770 7,411,770
F1 - COMMERCIAL REAL 159,190 N/A 159,190 159,190
F2 - INDUSTRIAL REAL 13,868,380 N/A 13,868,380 13,868,380
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 13,496,250 N/A 13,496,250 13,496,250
L1 - COMMERCIAL PERSONAL 4,500 N/A 4,500 4,500
L2 - INDUSTRIAL PERSONAL 13,469,210 N/A 13,469,210 13,469,210
M1 - MOBILE HOMES 461,410 N/A 461,410 461,410
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 60,617,040 0 60,617,040 60,617,040
Less Total Deductions 4,426,946 0 4,426,946 4,426,946
Total Taxable Value 56,190,094 0 56,190,094 56,190,094

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 56,513,703 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 56,190,094 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 56,513,703 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 56,190,094 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 57,385,729 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 57,700,729 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 56,190,094 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 57,910,728 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 56,296,753 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 56,513,703 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 56,190,094 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 56,513,703 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 56,190,094 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 57,385,729 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 57,700,729 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 56,190,094 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 57,910,728 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 56,296,753 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 323,609 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 872,026 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 315,000 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 209,999 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 106,659 Loss to the increase in the Over-65/Disabled Homestead

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID BECAUSE THIS PORTION OF THE SCHOOL DISTRICT WAS TOO SMALL TO BE STUDIED, AND LOCAL VALUE WAS CERTIFIED.


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059-Deaf Smith/Deaf Smith County

059-901/Hereford ISD

Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 726,846,191 1.0336 703,218,064 726,846,191
B - MULTIFAMILY 38,134,170 N/A 38,134,170 38,134,170
C1 - VACANT LOTS 14,277,860 N/A 14,277,860 14,277,860
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 83,899,866 1.6312 51,434,241 83,899,866
D2 - FARM & RANCH IMP 23,182,760 N/A 23,182,760 23,182,760
E - NON-AG LAND AND IMPROVEMENTS 171,758,741 0.9277 185,144,703 171,758,741
F1 - COMMERCIAL REAL 186,837,843 0.9170 203,749,011 186,837,843
F2 - INDUSTRIAL REAL 497,874,910 N/A 497,874,910 497,874,910
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 152,673,170 0.9656 158,112,231 152,673,170
L1 - COMMERCIAL PERSONAL 231,787,880 1.0012 231,510,068 231,787,880
L2 - INDUSTRIAL PERSONAL 301,868,370 N/A 301,868,370 301,868,370
M1 - MOBILE HOMES 4,497,110 N/A 4,497,110 4,497,110
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 8,260,910 N/A 8,260,910 8,260,910
Subtotal 2,441,899,781 0 2,421,264,408 2,441,899,781
Less Total Deductions 462,971,871 0 459,824,428 462,971,871
Total Taxable Value 1,978,927,910 0 1,961,439,980 1,978,927,910

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 2,060,619,817 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,978,927,910 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 2,060,619,817 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,978,927,910 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 2,223,689,427 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 2,271,543,520 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 1,991,024,300 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 2,304,401,890 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 2,002,610,944 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 2,060,619,817 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,978,927,910 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 2,060,619,817 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,978,927,910 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 2,223,689,427 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 2,271,543,520 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 1,991,024,300 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 2,304,401,890 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 2,002,610,944 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 81,691,907 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 163,069,610 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 47,854,093 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 32,858,370 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 23,683,034 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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185-Parmer/Parmer County

059-901/Hereford ISD

Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 46,910 N/A 46,910 46,910
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 1,896 N/A 1,896 1,896
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,522,932 N/A 1,522,932 1,522,932
D2 - FARM & RANCH IMP 282,535 N/A 282,535 282,535
E - NON-AG LAND AND IMPROVEMENTS 1,226,690 N/A 1,226,690 1,226,690
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 3,064,709 N/A 3,064,709 3,064,709
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 5,423,560 N/A 5,423,560 5,423,560
L1 - COMMERCIAL PERSONAL 0 N/A 0 0
L2 - INDUSTRIAL PERSONAL 2,141,400 N/A 2,141,400 2,141,400
M1 - MOBILE HOMES 0 N/A 0 0
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 13,710,632 0 13,710,632 13,710,632
Less Total Deductions 706,645 0 706,645 706,645
Total Taxable Value 13,003,987 0 13,003,987 13,003,987

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 13,043,987 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 13,003,987 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 13,043,987 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 13,003,987 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 13,198,828 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 13,273,828 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 13,003,987 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 13,323,828 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 13,053,987 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 13,043,987 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 13,003,987 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 13,043,987 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 13,003,987 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 13,198,828 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 13,273,828 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 13,003,987 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 13,323,828 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 13,053,987 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 40,000 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 154,841 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 75,000 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 50,000 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 50,000 Loss to the increase in the Over-65/Disabled Homestead

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


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059-901-02/Hereford ISD



Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 726,893,101 1.0336 703,264,974 726,893,101
B - MULTIFAMILY 38,134,170 N/A 38,134,170 38,134,170
C1 - VACANT LOTS 14,279,756 N/A 14,279,756 14,279,756
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 95,690,778 1.5135 63,225,153 95,690,778
D2 - FARM & RANCH IMP 24,943,645 N/A 24,943,645 24,943,645
E - NON-AG LAND AND IMPROVEMENTS 180,397,201 0.9309 193,783,163 180,397,201
F1 - COMMERCIAL REAL 186,997,033 0.9171 203,908,201 186,997,033
F2 - INDUSTRIAL REAL 514,807,999 N/A 514,807,999 514,807,999
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 171,592,980 0.9693 177,032,041 171,592,980
L1 - COMMERCIAL PERSONAL 231,792,380 1.0012 231,514,568 231,792,380
L2 - INDUSTRIAL PERSONAL 317,478,980 N/A 317,478,980 317,478,980
M1 - MOBILE HOMES 4,958,520 N/A 4,958,520 4,958,520
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 8,260,910 N/A 8,260,910 8,260,910
Subtotal 2,516,227,453 2,495,592,080 2,516,227,453
Less Total Deductions 468,105,462 464,958,019 468,105,462
Total Taxable Value 2,048,121,991 2,030,634,061 2,048,121,991

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 2,130,177,507 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 2,048,121,991 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 2,130,177,507 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 2,048,121,991 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 2,294,273,984 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 2,342,518,077 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 2,060,218,381 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 2,375,636,446 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 2,071,961,684 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 2,130,177,507 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 2,048,121,991 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 2,130,177,507 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 2,048,121,991 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 2,294,273,984 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 2,342,518,077 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 2,060,218,381 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 2,375,636,446 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 2,071,961,684 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 82,055,516 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 164,096,477 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 48,244,093 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 33,118,369 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 23,839,693 Loss to the increase in the Over-65/Disabled Homestead

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