taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

112/Hopkins

112-906/North Hopkins ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 19,675,720 .9341 21,063,826 19,675,720
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 129,960 N/A 129,960 129,960
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,100,770 1.4093 3,619,308 5,100,770
D2. Real Prop Farm & Ranch 700,240 N/A 700,240 700,240
E. Real Prop NonQual Acres 49,542,960 .9443 52,465,276 49,542,960
F1. Commercial Real 841,150 N/A 841,150 841,150
F2. Industrial Real 215,920 N/A 215,920 215,920
G. Oil, Gas, Minerals 28,423,395 1.0685 26,601,212 28,423,395
J. Utilities 4,950,876 N/A 4,950,876 4,950,876
L1. Commercial Personal 2,968,460 N/A 2,968,460 2,968,460
L2. Industrial Personal 1,438,277 N/A 1,438,277 1,438,277
M. Other Personal 3,450,570 N/A 3,450,570 3,450,570
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 117,438,298 118,445,075 117,438,298
Less Total Deductions 14,843,160   15,852,751 14,843,160
Total Taxable Value 102,595,138 102,592,324 102,595,138 T2

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
107,792,772 102,595,138 107,792,772 102,595,138 103,512,418 103,512,418


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,197,634 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
107,792,772 102,595,138 107,792,772 102,595,138 103,512,418 103,512,418

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