taxes Property Tax Assistance

2017 ISD Summary Worksheet

117/Hutchinson

117-901/Borger ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 355,278,150 .9488 374,449,989 355,278,150
B. Multi-Family Residences 6,499,130 N/A 6,499,130 6,499,130
C1. Vacant Lots 4,232,170 N/A 4,232,170 4,232,170
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,294,910 .9460 1,368,896 1,294,910
D2. Real Prop Farm & Ranch 584,870 N/A 584,870 584,870
E. Real Prop NonQual Acres 4,916,120 N/A 4,916,120 4,916,120
F1. Commercial Real 97,879,650 1.0022 97,664,787 97,879,650
F2. Industrial Real 514,189,320 N/A 514,189,320 514,189,320
G. Oil, Gas, Minerals 7,071,090 N/A 7,071,090 7,071,090
J. Utilities 39,670,600 .7964 49,812,406 39,670,600
L1. Commercial Personal 45,488,020 .9836 46,246,462 45,488,020
L2. Industrial Personal 78,912,670 N/A 78,912,670 78,912,670
M. Other Personal 899,640 N/A 899,640 899,640
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 234,990 N/A 234,990 234,990
S. Special Inventory 2,246,770 N/A 2,246,770 2,246,770
Subtotal 1,159,398,100 1,189,329,310 1,159,398,100
Less Total Deductions 540,956,185   545,276,445 540,956,185
Total Taxable Value 618,441,915 644,052,865 618,441,915 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
650,527,065 618,441,915 637,240,905 605,155,755


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
32,085,150 13,286,160


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
1,066,270,845 1,034,185,695 1,052,984,685 1,020,899,535

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