taxes Property Tax Assistance

2017 ISD Summary Worksheet

044/Collingsworth

065-902/Hedley ISD

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


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 449,080 N/A 449,080 449,080
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 7,200 N/A 7,200 7,200
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,354,650 .9000 7,061,080 6,354,650
D2. Real Prop Farm & Ranch 781,330 1.0056 776,979 781,330
E. Real Prop NonQual Acres 1,276,030 1.0148 1,257,420 1,276,030
F1. Commercial Real 276,490 N/A 276,490 276,490
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 1,300 N/A 1,300 1,300
J. Utilities 239,500 N/A 239,500 239,500
L1. Commercial Personal 83,610 N/A 83,610 83,610
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 9,469,190 10,152,659 9,469,190
Less Total Deductions 629,515   629,515 629,515
Total Taxable Value 8,839,675 9,523,144 8,839,675 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
8,969,395 8,839,675 8,969,395 8,839,675


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
129,720 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
8,969,395 8,839,675 8,969,395 8,839,675

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.

065/Donley

065-902/Hedley ISD

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


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 3,961,221 .9520 4,160,946 3,961,221
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 239,574 N/A 239,574 239,574
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,508,921 .8699 7,482,311 6,508,921
D2. Real Prop Farm & Ranch 2,838,057 .9884 2,871,365 2,838,057
E. Real Prop NonQual Acres 4,787,718 .9368 5,110,715 4,787,718
F1. Commercial Real 211,495 N/A 211,495 211,495
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 800 N/A 800 800
J. Utilities 29,095,810 .8664 33,582,422 29,095,810
L1. Commercial Personal 475,690 N/A 475,690 475,690
L2. Industrial Personal 1,229,550 N/A 1,229,550 1,229,550
M. Other Personal 238,719 N/A 238,719 238,719
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 49,587,555 55,603,587 49,587,555
Less Total Deductions 2,698,568   2,738,205 2,698,568
Total Taxable Value 46,888,987 52,865,382 46,888,987 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
47,420,204 46,888,987 47,420,204 46,888,987


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
531,217 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
47,420,204 46,888,987 47,420,204 46,888,987

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.

065-902/Hedley ISD



Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 4,410,301 .9567 4,610,026 4,410,301
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 246,774 N/A 246,774 246,774
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 12,863,571 .8845 14,543,391 12,863,571
D2. Real Prop Farm & Ranch 3,619,387 .9921 3,648,344 3,619,387
E. Real Prop NonQual Acres 6,063,748 .9522 6,368,135 6,063,748
F1. Commercial Real 487,985 N/A 487,985 487,985
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 2,100 N/A 2,100 2,100
J. Utilities 29,335,310 .8673 33,821,922 29,335,310
L1. Commercial Personal 559,300 N/A 559,300 559,300
L2. Industrial Personal 1,229,550 N/A 1,229,550 1,229,550
M. Other Personal 238,719 N/A 238,719 238,719
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 59,056,745 65,756,246 59,056,745
Less Total Deductions 3,328,083   3,367,720 3,328,083
Total Taxable Value 55,728,662 62,388,526 55,728,662 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

Comptroller Of Public Accounts - Property Tax Division

2017 ISD Summary Worksheet

065-902/Hedley ISD

Final Values Worksheet

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
56,389,599 55,728,662 56,389,599 55,728,662


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
660,937 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
56,389,599 55,728,662 56,389,599 55,728,662

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