taxes Property Tax Assistance

2017 ISD Summary Worksheet

202/Sabine

202-903/Hemphill ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 380,681,968 N/A 380,681,968 380,681,968
B. Multi-Family Residences 465,840 N/A 465,840 465,840
C1. Vacant Lots 32,367,650 N/A 32,367,650 32,367,650
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 18,715,338 N/A 18,715,338 18,715,338
D2. Real Prop Farm & Ranch 0 N/A 0 0
E. Real Prop NonQual Acres 46,303,650 N/A 46,303,650 46,303,650
F1. Commercial Real 34,396,850 N/A 34,396,850 34,396,850
F2. Industrial Real 134,670 N/A 134,670 134,670
G. Oil, Gas, Minerals 645,040 N/A 645,040 645,040
J. Utilities 24,623,050 N/A 24,623,050 24,623,050
L1. Commercial Personal 9,801,539 N/A 9,801,539 9,801,539
L2. Industrial Personal 4,543,420 N/A 4,543,420 4,543,420
M. Other Personal 12,143,240 N/A 12,143,240 12,143,240
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 564,822,255 564,822,255 564,822,255
Less Total Deductions 113,367,427   113,367,427 113,367,427
Total Taxable Value 451,454,828 451,454,828 451,454,828 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
472,724,374 451,454,828 472,724,374 451,454,828


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
21,269,546 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
472,724,374 451,454,828 472,724,374 451,454,828

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