taxes Property Tax Assistance

2016 ISD Summary Worksheet

098/Hansford

211-901/Texhoma ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 0 N/A 0 0
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) 403,388 N/A 403,388 403,388
D2. Real Prop Farm & Ranch 1,792 N/A 1,792 1,792
E. Real Prop NonQual Acres 3,718 N/A 3,718 3,718
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 949,040 N/A 949,040 949,040
J. Utilities 191,130 N/A 191,130 191,130
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 0 N/A 0 0
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 1,549,068 1,549,068 1,549,068
Less Total Deductions 0   0 0
Total Taxable Value 1,549,068 1,549,068 1,549,068 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
1,549,068 1,549,068 1,549,068 1,549,068


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
0 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
1,549,068 1,549,068 1,549,068 1,549,068

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

211/Sherman

211-901/Texhoma ISD

* This district is in year 1 of the grace period.


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 9,357,620 .9386 9,969,763 9,357,620
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 239,180 N/A 239,180 239,180
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 33,938,100 .8991 37,747,546 33,938,100
D2. Real Prop Farm & Ranch 123,730 N/A 123,730 123,730
E. Real Prop NonQual Acres 5,795,510 N/A 5,795,510 5,795,510
F1. Commercial Real 753,920 N/A 753,920 753,920
F2. Industrial Real 15,310,250 N/A 15,310,250 15,310,250
G. Oil, Gas, Minerals 15,436,570 .9937 15,534,437 15,436,570
J. Utilities 16,119,300 N/A 16,119,300 16,119,300
L1. Commercial Personal 975,750 N/A 975,750 975,750
L2. Industrial Personal 2,127,800 N/A 2,127,800 2,127,800
M. Other Personal 288,710 N/A 288,710 288,710
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 100,466,440 104,985,896 100,466,440
Less Total Deductions 6,781,898   6,970,793 6,781,898
Total Taxable Value 93,684,542 98,015,103 93,684,542 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
94,592,552 93,684,542 94,592,552 93,684,542


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
908,010 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
94,592,552 93,684,542 94,592,552 93,684,542

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 invalid, but local value was certified because your school district is in year one of the grace period.

211-901/Texhoma ISD



Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 9,357,620 .9386 9,969,763 9,357,620
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 239,180 N/A 239,180 239,180
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 34,341,488 .9001 38,150,934 34,341,488
D2. Real Prop Farm & Ranch 125,522 N/A 125,522 125,522
E. Real Prop NonQual Acres 5,799,228 N/A 5,799,228 5,799,228
F1. Commercial Real 753,920 N/A 753,920 753,920
F2. Industrial Real 15,310,250 N/A 15,310,250 15,310,250
G. Oil, Gas, Minerals 16,385,610 .9941 16,483,477 16,385,610
J. Utilities 16,310,430 N/A 16,310,430 16,310,430
L1. Commercial Personal 975,750 N/A 975,750 975,750
L2. Industrial Personal 2,127,800 N/A 2,127,800 2,127,800
M. Other Personal 288,710 N/A 288,710 288,710
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 102,015,508 106,534,964 102,015,508
Less Total Deductions 6,781,898   6,970,793 6,781,898
Total Taxable Value 95,233,610 99,564,171 95,233,610 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