taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

076/Fisher

208-901/Hermleigh ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 0 N/A 0 0
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 14,720 N/A 14,720 14,720
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,511,220 N/A 1,511,220 1,511,220
D2. Real Prop Farm & Ranch 69,680 N/A 69,680 69,680
E. Real Prop NonQual Acres 711,910 N/A 711,910 711,910
F1. Commercial Real 2,650 N/A 2,650 2,650
F2. Industrial Real 75,048,400 N/A 75,048,400 75,048,400
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 6,882,870 N/A 6,882,870 6,882,870
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 36,660 N/A 36,660 36,660
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 84,278,110 84,278,110 84,278,110
Less Total Deductions 68,551,404   68,551,404 68,551,404
Total Taxable Value 15,726,706 15,726,706 15,726,706 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
15,782,556 15,726,706 15,782,556 15,726,706


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
55,850 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
83,977,846 83,921,996 83,977,846 83,921,996

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

208/Scurry

208-901/Hermleigh ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 12,419,355 N/A 12,419,355 12,419,355
B. Multi-Family Residences 162,734 N/A 162,734 162,734
C1. Vacant Lots 81,218 N/A 81,218 81,218
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 9,395,837 N/A 9,395,837 9,395,837
D2. Real Prop Farm & Ranch 2,524,737 N/A 2,524,737 2,524,737
E. Real Prop NonQual Acres 19,531,719 N/A 19,531,719 19,531,719
F1. Commercial Real 1,361,973 N/A 1,361,973 1,361,973
F2. Industrial Real 212,128,814 N/A 212,128,814 212,128,814
G. Oil, Gas, Minerals 10,219,564 N/A 10,219,564 10,219,564
J. Utilities 42,822,508 N/A 42,822,508 42,822,508
L1. Commercial Personal 1,356,650 N/A 1,356,650 1,356,650
L2. Industrial Personal 4,283,370 N/A 4,283,370 4,283,370
M. Other Personal 1,088,466 N/A 1,088,466 1,088,466
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 317,376,945 317,376,945 317,376,945
Less Total Deductions 203,067,097   203,067,097 203,067,097
Total Taxable Value 114,309,848 114,309,848 114,309,848 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
115,985,436 114,309,848 115,985,436 114,309,848


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,675,588 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
308,169,826 306,494,238 308,169,826 306,494,238

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

208-901/Hermleigh ISD



Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 12,419,355 N/A 12,419,355 12,419,355
B. Multi-Family Residences 162,734 N/A 162,734 162,734
C1. Vacant Lots 95,938 N/A 95,938 95,938
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 10,907,057 N/A 10,907,057 10,907,057
D2. Real Prop Farm & Ranch 2,594,417 N/A 2,594,417 2,594,417
E. Real Prop NonQual Acres 20,243,629 N/A 20,243,629 20,243,629
F1. Commercial Real 1,364,623 N/A 1,364,623 1,364,623
F2. Industrial Real 287,177,214 N/A 287,177,214 287,177,214
G. Oil, Gas, Minerals 10,219,564 N/A 10,219,564 10,219,564
J. Utilities 49,705,378 N/A 49,705,378 49,705,378
L1. Commercial Personal 1,356,650 N/A 1,356,650 1,356,650
L2. Industrial Personal 4,283,370 N/A 4,283,370 4,283,370
M. Other Personal 1,125,126 N/A 1,125,126 1,125,126
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 401,655,055 401,655,055 401,655,055
Less Total Deductions 271,618,501   271,618,501 271,618,501
Total Taxable Value 130,036,554 130,036,554 130,036,554 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