taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

106/Hemphill

106-901/Canadian ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 99,563,620 N/A 99,563,620 99,563,620
B. Multi-Family Residences 2,098,110 N/A 2,098,110 2,098,110
C1. Vacant Lots 6,756,970 N/A 6,756,970 6,756,970
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 18,278,980 N/A 18,278,980 18,278,980
D2. Real Prop Farm & Ranch 33,550 N/A 33,550 33,550
E. Real Prop NonQual Acres 39,484,090 N/A 39,484,090 39,484,090
F1. Commercial Real 31,680,790 N/A 31,680,790 31,680,790
F2. Industrial Real 151,841,710 N/A 151,841,710 151,841,710
G. Oil, Gas, Minerals 889,240,180 N/A 889,240,180 889,240,180
J. Utilities 328,816,030 N/A 328,816,030 328,816,030
L1. Commercial Personal 31,184,080 N/A 31,184,080 31,184,080
L2. Industrial Personal 112,378,390 N/A 112,378,390 112,378,390
M. Other Personal 4,251,510 N/A 4,251,510 4,251,510
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 187,870 N/A 187,870 187,870
Subtotal 1,715,795,880 1,715,795,880 1,715,795,880
Less Total Deductions 40,718,042   40,718,042 40,718,042
Total Taxable Value 1,675,077,838 1,675,077,838 1,675,077,838 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
1,682,143,938 1,675,077,838 1,672,809,083 1,665,742,983


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
7,066,100 9,334,855


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
1,682,143,938 1,675,077,838 1,672,809,083 1,665,742,983

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