taxes Property Tax Assistance

2016 ISD Summary Worksheet

202/Sabine

202-903/Hemphill ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 368,314,330 .9543 385,952,353 368,314,330
B. Multi-Family Residences 465,840 N/A 465,840 465,840
C1. Vacant Lots 33,286,010 .9555 34,836,222 33,286,010
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 18,680,570 .9739 19,181,989 18,680,570
D2. Real Prop Farm & Ranch 10,090 N/A 10,090 10,090
E. Real Prop NonQual Acres 46,042,580 1.0124 45,478,645 46,042,580
F1. Commercial Real 32,789,520 .9298 35,265,132 32,789,520
F2. Industrial Real 135,290 N/A 135,290 135,290
G. Oil, Gas, Minerals 1,215,610 N/A 1,215,610 1,215,610
J. Utilities 24,062,480 .8005 30,059,313 24,062,480
L1. Commercial Personal 9,925,630 N/A 9,925,630 9,925,630
L2. Industrial Personal 4,012,680 N/A 4,012,680 4,012,680
M. Other Personal 11,007,020 N/A 11,007,020 11,007,020
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 549,947,650 577,545,814 549,947,650
Less Total Deductions 113,996,618   120,415,032 113,996,618
Total Taxable Value 435,951,032 457,130,782 435,951,032 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
457,050,742 435,951,032 457,050,742 435,951,032


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
21,099,710 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
457,050,742 435,951,032 457,050,742 435,951,032

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