taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

112/Hopkins

112-906/North Hopkins ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 19,794,910 N/A 19,794,910 19,794,910
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 143,020 N/A 143,020 143,020
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,497,160 N/A 5,497,160 5,497,160
D2. Real Prop Farm & Ranch 824,690 N/A 824,690 824,690
E. Real Prop NonQual Acres 51,432,240 N/A 51,432,240 51,432,240
F1. Commercial Real 698,990 N/A 698,990 698,990
F2. Industrial Real 215,110 N/A 215,110 215,110
G. Oil, Gas, Minerals 12,037,568 N/A 12,037,568 12,037,568
J. Utilities 4,982,822 N/A 4,982,822 4,982,822
L1. Commercial Personal 3,424,190 N/A 3,424,190 3,424,190
L2. Industrial Personal 1,706,924 N/A 1,706,924 1,706,924
M. Other Personal 3,709,920 N/A 3,709,920 3,709,920
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 104,467,544 104,467,544 104,467,544
Less Total Deductions 19,449,632   19,449,632 19,449,632
Total Taxable Value 85,017,912 85,017,912 85,017,912 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
88,997,971 85,017,912 88,997,971 85,017,912


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,980,059 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
88,997,971 85,017,912 88,997,971 85,017,912

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