taxes Property Tax Assistance

2018 ISD Summary Worksheet

044/Collingsworth

065-902/Hedley ISD

** This district is in year 2 of the grace period.


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 447,600 N/A 447,600 447,600
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) 6,723,820 .7239 9,287,999 6,723,820
D2. Real Prop Farm & Ranch 781,330 1.1436 683,220 781,330
E. Real Prop NonQual Acres 1,282,030 .8808 1,455,529 1,282,030
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 237,350 N/A 237,350 237,350
L1. Commercial Personal 74,940 N/A 74,940 74,940
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 9,832,060 12,471,628 9,832,060
Less Total Deductions 632,542   632,542 632,542
Total Taxable Value 9,199,518 11,839,086 9,199,518 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
9,335,898 9,199,518 9,335,898 9,199,518


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
136,380 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
9,335,898 9,199,518 9,335,898 9,199,518

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 two of the grace period.

065/Donley

065-902/Hedley ISD

** This district is in year 2 of the grace period.


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 3,890,566 .7405 5,253,972 3,890,566
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 203,626 N/A 203,626 203,626
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,769,565 .8271 8,185,171 6,769,565
D2. Real Prop Farm & Ranch 2,746,179 1.0526 2,608,948 2,746,179
E. Real Prop NonQual Acres 5,546,033 .9032 6,140,426 5,546,033
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 30,793,170 .9568 32,183,497 30,793,170
L1. Commercial Personal 666,860 N/A 666,860 666,860
L2. Industrial Personal 1,072,090 N/A 1,072,090 1,072,090
M. Other Personal 269,851 N/A 269,851 269,851
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 52,170,235 56,796,736 52,170,235
Less Total Deductions 2,626,003   2,888,483 2,626,003
Total Taxable Value 49,544,232 53,908,253 49,544,232 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
50,088,604 49,544,232 50,088,604 49,544,232


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
544,372 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
50,088,604 49,544,232 50,088,604 49,544,232

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 two of the grace period.

065-902/Hedley ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 4,338,166 .7609 5,701,572 4,338,166
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 210,826 N/A 210,826 210,826
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 13,493,385 .7722 17,473,170 13,493,385
D2. Real Prop Farm & Ranch 3,527,509 1.0715 3,292,168 3,527,509
E. Real Prop NonQual Acres 6,828,063 .8989 7,595,955 6,828,063
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 31,030,520 .9571 32,420,847 31,030,520
L1. Commercial Personal 741,800 N/A 741,800 741,800
L2. Industrial Personal 1,072,090 N/A 1,072,090 1,072,090
M. Other Personal 269,851 N/A 269,851 269,851
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 62,002,295 69,268,364 62,002,295
Less Total Deductions 3,258,545   3,521,025 3,258,545
Total Taxable Value 58,743,750 65,747,339 58,743,750 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

2018 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
59,424,502 58,743,750 59,424,502 58,743,750


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
680,752 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
59,424,502 58,743,750 59,424,502 58,743,750

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