taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

035/Castro

059-901/Hereford ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 926,450 N/A 926,450 926,450
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 50,380 N/A 50,380 50,380
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 8,998,970 N/A 8,998,970 8,998,970
D2. Real Prop Farm & Ranch 4,620,080 N/A 4,620,080 4,620,080
E. Real Prop NonQual Acres 2,672,160 N/A 2,672,160 2,672,160
F1. Commercial Real 234,720 N/A 234,720 234,720
F2. Industrial Real 3,107,930 N/A 3,107,930 3,107,930
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 5,064,750 N/A 5,064,750 5,064,750
L1. Commercial Personal 60,000 N/A 60,000 60,000
L2. Industrial Personal 3,588,520 N/A 3,588,520 3,588,520
M. Other Personal 70,500 N/A 70,500 70,500
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 29,394,460 29,394,460 29,394,460
Less Total Deductions 727,332   727,332 727,332
Total Taxable Value 28,667,128 28,667,128 28,667,128 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
28,861,018 28,667,128 28,861,018 28,667,128


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
193,890 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
28,861,018 28,667,128 28,861,018 28,667,128

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

059/Deaf Smith

059-901/Hereford ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 324,385,599 .9782 331,614,802 324,385,599
B. Multi-Family Residences 17,236,410 N/A 17,236,410 17,236,410
C1. Vacant Lots 6,913,500 N/A 6,913,500 6,913,500
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 45,336,518 1.3582 33,380,773 45,336,518
D2. Real Prop Farm & Ranch 9,885,900 N/A 9,885,900 9,885,900
E. Real Prop NonQual Acres 72,815,576 1.0362 70,271,739 72,815,576
F1. Commercial Real 117,616,000 1.0060 116,914,513 117,616,000
F2. Industrial Real 488,547,800 N/A 488,547,800 488,547,800
G. Oil, Gas, Minerals 500 N/A 500 500
J. Utilities 120,385,600 1.0895 110,496,191 120,385,600
L1. Commercial Personal 137,057,400 1.0074 136,050,625 137,057,400
L2. Industrial Personal 127,913,400 N/A 127,913,400 127,913,400
M. Other Personal 1,584,500 N/A 1,584,500 1,584,500
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 5,762,100 N/A 5,762,100 5,762,100
Subtotal 1,475,440,803 1,456,572,753 1,475,440,803
Less Total Deductions 118,850,030   121,020,385 118,850,030
Total Taxable Value 1,356,590,773 1,335,552,368 1,356,590,773 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
1,384,874,029 1,356,590,773 1,384,874,029 1,356,590,773


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
28,283,256 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
1,384,874,029 1,356,590,773 1,384,874,029 1,356,590,773

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

185/Parmer

059-901/Hereford ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 62,060 N/A 62,060 62,060
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 0 N/A 0 0
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 630,794 N/A 630,794 630,794
D2. Real Prop Farm & Ranch 57,039 N/A 57,039 57,039
E. Real Prop NonQual Acres 501,909 N/A 501,909 501,909
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 2,900,136 N/A 2,900,136 2,900,136
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 3,541,110 N/A 3,541,110 3,541,110
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 1,922,700 N/A 1,922,700 1,922,700
M. Other Personal 6,304 N/A 6,304 6,304
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 9,622,052 9,622,052 9,622,052
Less Total Deductions 64,906   64,906 64,906
Total Taxable Value 9,557,146 9,557,146 9,557,146 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
9,570,369 9,557,146 9,570,369 9,557,146


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
13,223 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
9,570,369 9,557,146 9,570,369 9,557,146

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

059-901/Hereford ISD



Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 325,374,109 .9783 332,603,312 325,374,109
B. Multi-Family Residences 17,236,410 N/A 17,236,410 17,236,410
C1. Vacant Lots 6,963,880 N/A 6,963,880 6,963,880
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 54,966,282 1.2780 43,010,537 54,966,282
D2. Real Prop Farm & Ranch 14,563,019 N/A 14,563,019 14,563,019
E. Real Prop NonQual Acres 75,989,645 1.0346 73,445,808 75,989,645
F1. Commercial Real 117,850,720 1.0060 117,149,233 117,850,720
F2. Industrial Real 494,555,866 N/A 494,555,866 494,555,866
G. Oil, Gas, Minerals 500 N/A 500 500
J. Utilities 128,991,460 1.0830 119,102,051 128,991,460
L1. Commercial Personal 137,117,400 1.0074 136,110,625 137,117,400
L2. Industrial Personal 133,424,620 N/A 133,424,620 133,424,620
M. Other Personal 1,661,304 N/A 1,661,304 1,661,304
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 5,762,100 N/A 5,762,100 5,762,100
Subtotal 1,514,457,315 1,495,589,265 1,514,457,315
Less Total Deductions 119,642,268   121,812,623 119,642,268
Total Taxable Value 1,394,815,047 1,373,776,642 1,394,815,047 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