taxes Property Tax Assistance

2017 ISD Summary Worksheet

044/Collingsworth

065-902/Hedley ISD


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 .7970 7,973,589 7,973,589
D2. Real Prop Farm & Ranch 781,330 1.0056 776,979 776,979
E. Real Prop NonQual Acres 1,276,030 1.0148 1,257,420 1,257,420
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 11,065,168 11,065,168
Less Total Deductions 629,515   629,515 629,515
Total Taxable Value 8,839,675 10,435,653 10,435,653 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
10,565,373 10,435,653 10,565,373 10,435,653


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
10,565,373 10,435,653 10,565,373 10,435,653

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 taxable value to be invalid, and state value was certified because your local value

did not exceed the state value and:

1) was invalid in one or more of the previous two years or

2) is less than 90% of the lower end of the margin of error range or

3) The appraisal district that appraises property for the school district was not in compliance with the scoring requirement of the Comptroller's most recent review of the appraisal district conducted under section 5.102, Tax Code (MAP Review)

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 .3912 74,375,792 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 96,396,957 49,587,555
Less Total Deductions 2,698,568   2,738,205 2,698,568
Total Taxable Value 46,888,987 93,658,752 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 .8323 15,455,900 14,482,510
D2. Real Prop Farm & Ranch 3,619,387 .9921 3,648,344 3,615,036
E. Real Prop NonQual Acres 6,063,748 .9522 6,368,135 6,045,138
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 .3932 74,615,292 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 59,056,745 107,462,125 60,652,723
Less Total Deductions 3,328,083   3,367,720 3,328,083
Total Taxable Value 55,728,662 104,094,405 57,324,640 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
57,985,577 57,324,640 57,985,577 57,324,640


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
57,985,577 57,324,640 57,985,577 57,324,640

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