taxes Property Tax Assistance

2018 ISD Summary Worksheet

095/Hale

095-903/Hale Center ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 35,068,386 .9082 38,613,065 35,068,386
B. Multi-Family Residences 388,185 N/A 388,185 388,185
C1. Vacant Lots 468,315 N/A 468,315 468,315
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 21,569,769 1.8918 11,401,876 21,569,769
D2. Real Prop Farm & Ranch 1,229,976 N/A 1,229,976 1,229,976
E. Real Prop NonQual Acres 16,455,324 .9379 17,544,860 16,455,324
F1. Commercial Real 3,910,980 N/A 3,910,980 3,910,980
F2. Industrial Real 1,862,239 N/A 1,862,239 1,862,239
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 20,665,267 .9681 21,346,211 20,665,267
L1. Commercial Personal 3,248,207 N/A 3,248,207 3,248,207
L2. Industrial Personal 2,957,670 N/A 2,957,670 2,957,670
M. Other Personal 455,514 N/A 455,514 455,514
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 6,667 N/A 6,667 6,667
Subtotal 108,286,499 103,433,765 108,286,499
Less Total Deductions 18,316,488   19,772,623 18,316,488
Total Taxable Value 89,970,011 83,661,142 89,970,011 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
94,521,459 89,970,011 94,521,459 89,970,011


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,551,448 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
94,521,459 89,970,011 94,521,459 89,970,011

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 local value is greater than PTAD value.