taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

034/Cass

034-903/Hughes Springs ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 51,349,075 .9934 51,690,231 51,349,075
B. Multi-Family Residences 3,482,270 N/A 3,482,270 3,482,270
C1. Vacant Lots 1,437,151 N/A 1,437,151 1,437,151
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,946,618 .9678 7,177,540 6,946,618
D2. Real Prop Farm & Ranch 5,451,025 N/A 5,451,025 5,451,025
E. Real Prop NonQual Acres 85,894,066 1.0347 83,013,498 85,894,066
F1. Commercial Real 12,254,750 .9551 12,830,855 12,254,750
F2. Industrial Real 4,269,040 N/A 4,269,040 4,269,040
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 9,089,570 .9155 9,928,531 9,089,570
L1. Commercial Personal 6,427,460 N/A 6,427,460 6,427,460
L2. Industrial Personal 79,820,370 N/A 79,820,370 79,820,370
M. Other Personal 2,729,610 N/A 2,729,610 2,729,610
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 588,770 N/A 588,770 588,770
Subtotal 269,739,775 268,846,351 269,739,775
Less Total Deductions 50,296,529   50,593,435 50,296,529
Total Taxable Value 219,443,246 218,252,916 219,443,246 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 T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
230,164,973 219,443,246 230,164,973 219,443,246


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
10,721,727 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

Value Taxable For I&S Purposes

T7 T8 T9 T10
230,164,973 219,443,246 230,164,973 219,443,246

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

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

172/Morris

034-903/Hughes Springs ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 1,235,250 N/A 1,235,250 1,235,250
B. Multi-Family Residences 719,240 N/A 719,240 719,240
C1. Vacant Lots 97,080 N/A 97,080 97,080
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 436,660 N/A 436,660 436,660
D2. Real Prop Farm & Ranch 17,810 N/A 17,810 17,810
E. Real Prop NonQual Acres 9,116,850 N/A 9,116,850 9,116,850
F1. Commercial Real 178,620 N/A 178,620 178,620
F2. Industrial Real 7,570,850 N/A 7,570,850 7,570,850
G. Oil, Gas, Minerals 65,200 N/A 65,200 65,200
J. Utilities 1,674,300 N/A 1,674,300 1,674,300
L1. Commercial Personal 35,980 N/A 35,980 35,980
L2. Industrial Personal 90,435,660 N/A 90,435,660 90,435,660
M. Other Personal 0 N/A 0 0
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 111,583,500 111,583,500 111,583,500
Less Total Deductions 890,791   890,791 890,791
Total Taxable Value 110,692,709 110,692,709 110,692,709 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 T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
110,958,019 110,692,709 110,958,019 110,692,709


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
265,310 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

Value Taxable For I&S Purposes

T7 T8 T9 T10
110,958,019 110,692,709 110,958,019 110,692,709

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

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

034-903/Hughes Springs ISD



Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 52,584,325 .9936 52,925,481 52,584,325
B. Multi-Family Residences 4,201,510 N/A 4,201,510 4,201,510
C1. Vacant Lots 1,534,231 N/A 1,534,231 1,534,231
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 7,383,278 .9697 7,614,200 7,383,278
D2. Real Prop Farm & Ranch 5,468,835 N/A 5,468,835 5,468,835
E. Real Prop NonQual Acres 95,010,916 1.0313 92,130,348 95,010,916
F1. Commercial Real 12,433,370 .9557 13,009,475 12,433,370
F2. Industrial Real 11,839,890 N/A 11,839,890 11,839,890
G. Oil, Gas, Minerals 65,200 N/A 65,200 65,200
J. Utilities 10,763,870 .9277 11,602,831 10,763,870
L1. Commercial Personal 6,463,440 N/A 6,463,440 6,463,440
L2. Industrial Personal 170,256,030 N/A 170,256,030 170,256,030
M. Other Personal 2,729,610 N/A 2,729,610 2,729,610
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 588,770 N/A 588,770 588,770
Subtotal 381,323,275 380,429,851 381,323,275
Less Total Deductions 51,187,320   51,484,226 51,187,320
Total Taxable Value 330,135,955 328,945,625 330,135,955 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