taxes Property Tax Assistance

2016 ISD Summary Worksheet

250/Wood

250-902/Hawkins ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 111,046,320 N/A 111,046,320 111,046,320
B. Multi-Family Residences 977,080 N/A 977,080 977,080
C1. Vacant Lots 6,645,133 N/A 6,645,133 6,645,133
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,615,059 N/A 5,615,059 5,615,059
D2. Real Prop Farm & Ranch 506,870 N/A 506,870 506,870
E. Real Prop NonQual Acres 99,335,336 N/A 99,335,336 99,335,336
F1. Commercial Real 17,020,345 N/A 17,020,345 17,020,345
F2. Industrial Real 13,619,660 N/A 13,619,660 13,619,660
G. Oil, Gas, Minerals 191,965,660 N/A 191,965,660 191,965,660
J. Utilities 19,588,040 N/A 19,588,040 19,588,040
L1. Commercial Personal 6,715,470 N/A 6,715,470 6,715,470
L2. Industrial Personal 158,177,990 N/A 158,177,990 158,177,990
M. Other Personal 1,850,520 N/A 1,850,520 1,850,520
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 534,720 N/A 534,720 534,720
S. Special Inventory 0 N/A 0 0
Subtotal 633,598,203 633,598,203 633,598,203
Less Total Deductions 58,752,815   58,752,815 58,752,815
Total Taxable Value 574,845,388 574,845,388 574,845,388 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
586,839,037 574,845,388 586,839,037 574,845,388


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
11,993,649 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
586,839,037 574,845,388 586,839,037 574,845,388

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