taxes Property Tax

School and Appraisal Districts Property Value Study 2012 Report

2012 ISD Summary Worksheet

044/Collingsworth

065-902/Hedley ISD


Category Local Tax Roll Value 2012 WTD Mean Ratio 2012 PTAD Value Estimate 2012 Value Assigned
A. Single-Family Residences 289,650 N/A 289,650 289,650
B. Multi-Family Residences 0 N/A 0 0
C. Vacant Lots 3,120 N/A 3,120 3,120
D. Rural Real(Taxable) 8,669,570 N/A 8,669,570 8,669,570
F1. Commercial Real 203,290 N/A 203,290 203,290
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 1,300 N/A 1,300 1,300
J. Utilities 219,310 N/A 219,310 219,310
L1. Commercial Personal 252,200 N/A 252,200 252,200
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 0 N/A 0 0
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 9,638,440 9,638,440 9,638,440
Less Total Deductions 826,825   826,825 826,825
Total Taxable Value 8,811,615 8,811,615 8,811,615 T2

Category D Detail Local Tax Roll Ratio PTAD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 1,113,060 N/A 1,113,060
Prod Value Qualified Acres 7,556,510 N/A 7,556,510
Taxable Value 8,669,570   8,669,570

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 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 districts that have not entered into value limitation agreements, T1 through T6 will be the same as T7 through T12.

Value Taxable For M&O Purposes

T1 T2 T3 T4 T5 T6
8,983,445 8,811,615 8,983,445 8,811,615 8,811,615 8,811,615


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
171,830 0


T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

T5 = T2 before the loss to the tax ceiling reduction

T6 = T5 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10 T11 T12
8,983,445 8,811,615 8,983,445 8,811,615 8,811,615 8,811,615

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50% of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50% of the loss to the local optional percentage homestead exemption

T11 = T8 before the loss to the tax ceiling reduction

T12 = T11 minus 50% of the loss to the local optional percentage homestead exemption

The PVS found your local value to be valid, and local value was certified

065/Donley

065-902/Hedley ISD


Category Local Tax Roll Value 2012 WTD Mean Ratio 2012 PTAD Value Estimate 2012 Value Assigned
A. Single-Family Residences 3,899,905 .9127 4,272,932 3,899,905
B. Multi-Family Residences 0 N/A 0 0
C. Vacant Lots 97,412 N/A 97,412 97,412
D. Rural Real(Taxable) 13,077,292 .9154 14,286,309 13,077,292
F1. Commercial Real 2,090,270 N/A 2,090,270 2,090,270
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 5,630 N/A 5,630 5,630
J. Utilities 16,561,332 .9481 17,467,917 16,561,332
L1. Commercial Personal 1,596,976 N/A 1,596,976 1,596,976
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 300,710 N/A 300,710 300,710
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 37,629,527 40,118,156 37,629,527
Less Total Deductions 2,184,836   2,262,997 2,184,836
Total Taxable Value 35,444,691 37,855,159 35,444,691 T2**

** This district is in year 2 of the grace period.

Category D Detail Local Tax Roll Ratio PTAD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 5,242,919 .9511 5,512,479
Prod Value Qualified Acres 7,834,373 .8929 8,773,830
Taxable Value 13,077,292   14,286,309

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 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 districts that have not entered into value limitation agreements, T1 through T6 will be the same as T7 through T12.

Value Taxable For M&O Purposes

T1 T2 T3 T4 T5 T6
36,420,096 35,444,691 36,420,096 35,444,691 35,444,691 35,444,691


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
975,405 0


T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

T5 = T2 before the loss to the tax ceiling reduction

T6 = T5 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10 T11 T12
36,420,096 35,444,691 36,420,096 35,444,691 35,444,691 35,444,691

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50% of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50% of the loss to the local optional percentage homestead exemption

T11 = T8 before the loss to the tax ceiling reduction

T12 = T11 minus 50% of the loss to the local optional percentage homestead exemption

The PVS found your local value invalid, but local value was certified because your school district is in year two of the grace period.

065-902/Hedley ISD



Category Local Tax Roll Value 2012 WTD Mean Ratio 2012 PTAD Value Estimate 2012 Value Assigned
A. Single-Family Residences 4,189,555 .9182 4,562,582 4,189,555
B. Multi-Family Residences 0 N/A 0 0
C. Vacant Lots 100,532 N/A 100,532 100,532
D. Rural Real(Taxable) 21,746,862 .9473 22,955,879 21,746,862
F1. Commercial Real 2,293,560 N/A 2,293,560 2,293,560
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 6,930 N/A 6,930 6,930
J. Utilities 16,780,642 .9487 17,687,227 16,780,642
L1. Commercial Personal 1,849,176 N/A 1,849,176 1,849,176
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 300,710 N/A 300,710 300,710
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 47,267,967 49,756,596 47,267,967
Less Total Deductions 3,011,661   3,089,822 3,011,661
Total Taxable Value 44,256,306 46,666,774 44,256,306 T2

Category D Detail Local Tax Roll Ratio PTAD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 6,355,979 .9593 6,625,539
Prod Value Qualified Acres 15,390,883 .9425 16,330,340
Taxable Value 21,746,862   22,955,879

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