taxes Property Tax Assistance

2017 ISD Summary Worksheet

250/Wood

250-902/Hawkins ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 111,582,520 .9014 123,788,019 111,582,520
B. Multi-Family Residences 977,080 N/A 977,080 977,080
C1. Vacant Lots 6,420,712 N/A 6,420,712 6,420,712
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,476,425 .7940 6,897,178 5,476,425
D2. Real Prop Farm & Ranch 504,320 N/A 504,320 504,320
E. Real Prop NonQual Acres 102,977,375 .9667 106,524,646 102,977,375
F1. Commercial Real 18,311,045 N/A 18,311,045 18,311,045
F2. Industrial Real 14,269,370 N/A 14,269,370 14,269,370
G. Oil, Gas, Minerals 211,786,310 1.0331 205,000,784 211,786,310
J. Utilities 19,419,880 N/A 19,419,880 19,419,880
L1. Commercial Personal 7,442,550 N/A 7,442,550 7,442,550
L2. Industrial Personal 151,454,310 N/A 151,454,310 151,454,310
M. Other Personal 2,187,720 N/A 2,187,720 2,187,720
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 424,960 N/A 424,960 424,960
S. Special Inventory 0 N/A 0 0
Subtotal 653,234,577 663,622,574 653,234,577
Less Total Deductions 59,881,734   67,713,428 59,881,734
Total Taxable Value 593,352,843 595,909,146 593,352,843 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
605,572,749 593,352,843 605,572,749 593,352,843


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
12,219,906 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
605,572,749 593,352,843 605,572,749 593,352,843

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