taxes Property Tax Assistance

2017 ISD Summary Worksheet

034/Cass

034-903/Hughes Springs ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 53,160,433 .9110 58,353,933 53,160,433
B. Multi-Family Residences 3,874,470 N/A 3,874,470 3,874,470
C1. Vacant Lots 1,416,081 N/A 1,416,081 1,416,081
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 7,128,960 1.0760 6,625,663 7,128,960
D2. Real Prop Farm & Ranch 6,029,625 N/A 6,029,625 6,029,625
E. Real Prop NonQual Acres 92,399,034 .9720 95,060,735 92,399,034
F1. Commercial Real 12,860,060 .9298 13,830,996 12,860,060
F2. Industrial Real 4,097,550 N/A 4,097,550 4,097,550
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 11,009,050 .9592 11,477,325 11,009,050
L1. Commercial Personal 6,796,362 N/A 6,796,362 6,796,362
L2. Industrial Personal 31,277,740 N/A 31,277,740 31,277,740
M. Other Personal 2,903,400 N/A 2,903,400 2,903,400
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 513,910 N/A 513,910 513,910
Subtotal 233,466,675 242,257,790 233,466,675
Less Total Deductions 52,061,807   56,677,824 52,061,807
Total Taxable Value 181,404,868 185,579,966 181,404,868 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
192,350,817 181,404,868 192,350,817 181,404,868


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
10,945,949 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
192,350,817 181,404,868 192,350,817 181,404,868

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

172/Morris

034-903/Hughes Springs ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 1,191,310 N/A 1,191,310 1,191,310
B. Multi-Family Residences 581,540 N/A 581,540 581,540
C1. Vacant Lots 104,500 N/A 104,500 104,500
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 518,520 N/A 518,520 518,520
D2. Real Prop Farm & Ranch 17,880 N/A 17,880 17,880
E. Real Prop NonQual Acres 9,224,300 N/A 9,224,300 9,224,300
F1. Commercial Real 178,770 N/A 178,770 178,770
F2. Industrial Real 6,396,850 N/A 6,396,850 6,396,850
G. Oil, Gas, Minerals 38,830 N/A 38,830 38,830
J. Utilities 1,511,670 N/A 1,511,670 1,511,670
L1. Commercial Personal 30,450 N/A 30,450 30,450
L2. Industrial Personal 25,646,990 N/A 25,646,990 25,646,990
M. Other Personal 34,500 N/A 34,500 34,500
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 45,476,110 45,476,110 45,476,110
Less Total Deductions 825,827   825,827 825,827
Total Taxable Value 44,650,283 44,650,283 44,650,283 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
44,890,283 44,650,283 44,890,283 44,650,283


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
240,000 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
44,890,283 44,650,283 44,890,283 44,650,283

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

034-903/Hughes Springs ISD



Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 54,351,743 .9128 59,545,243 54,351,743
B. Multi-Family Residences 4,456,010 N/A 4,456,010 4,456,010
C1. Vacant Lots 1,520,581 N/A 1,520,581 1,520,581
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 7,647,480 1.0704 7,144,183 7,647,480
D2. Real Prop Farm & Ranch 6,047,505 N/A 6,047,505 6,047,505
E. Real Prop NonQual Acres 101,623,334 .9745 104,285,035 101,623,334
F1. Commercial Real 13,038,830 .9307 14,009,766 13,038,830
F2. Industrial Real 10,494,400 N/A 10,494,400 10,494,400
G. Oil, Gas, Minerals 38,830 N/A 38,830 38,830
J. Utilities 12,520,720 .9639 12,988,995 12,520,720
L1. Commercial Personal 6,826,812 N/A 6,826,812 6,826,812
L2. Industrial Personal 56,924,730 N/A 56,924,730 56,924,730
M. Other Personal 2,937,900 N/A 2,937,900 2,937,900
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 513,910 N/A 513,910 513,910
Subtotal 278,942,785 287,733,900 278,942,785
Less Total Deductions 52,887,634   57,503,651 52,887,634
Total Taxable Value 226,055,151 230,230,249 226,055,151 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

034-903/Hughes Springs 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
237,241,100 226,055,151 237,241,100 226,055,151


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
11,185,949 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
237,241,100 226,055,151 237,241,100 226,055,151

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