taxes Property Tax Assistance

2018 ISD Summary Worksheet

098/Hansford

211-901/Texhoma ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 0 N/A 0 0
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 0 N/A 0 0
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 339,394 N/A 339,394 339,394
D2. Real Prop Farm & Ranch 1,792 N/A 1,792 1,792
E. Real Prop NonQual Acres 3,718 N/A 3,718 3,718
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 392,900 N/A 392,900 392,900
J. Utilities 110,770 N/A 110,770 110,770
L1. Commercial Personal 0 N/A 0 0
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 848,574 848,574 848,574
Less Total Deductions 0   0 0
Total Taxable Value 848,574 848,574 848,574 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
848,574 848,574 848,574 848,574


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
0 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
848,574 848,574 848,574 848,574

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

211/Sherman

211-901/Texhoma ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 9,430,650 .8750 10,777,886 10,777,886
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 234,900 N/A 234,900 234,900
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 30,730,350 .7733 39,740,096 39,740,096
D2. Real Prop Farm & Ranch 148,660 N/A 148,660 148,660
E. Real Prop NonQual Acres 5,756,270 .7787 7,392,154 7,392,154
F1. Commercial Real 903,340 N/A 903,340 903,340
F2. Industrial Real 13,223,500 N/A 13,223,500 13,223,500
G. Oil, Gas, Minerals 18,179,210 1.0078 18,038,510 18,038,510
J. Utilities 15,529,020 N/A 15,529,020 15,529,020
L1. Commercial Personal 550,770 N/A 550,770 550,770
L2. Industrial Personal 3,151,560 N/A 3,151,560 3,151,560
M. Other Personal 330,680 N/A 330,680 330,680
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 98,168,910 110,021,076 110,021,076
Less Total Deductions 6,652,585   7,059,444 7,059,444
Total Taxable Value 91,516,325 102,961,632 102,961,632 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
103,935,112 102,961,632 103,935,112 102,961,632


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
973,480 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
103,935,112 102,961,632 103,935,112 102,961,632

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)

211-901/Texhoma ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 9,430,650 .8750 10,777,886 10,777,886
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 234,900 N/A 234,900 234,900
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 31,069,744 .7752 40,079,490 40,079,490
D2. Real Prop Farm & Ranch 150,452 N/A 150,452 150,452
E. Real Prop NonQual Acres 5,759,988 .7788 7,395,872 7,395,872
F1. Commercial Real 903,340 N/A 903,340 903,340
F2. Industrial Real 13,223,500 N/A 13,223,500 13,223,500
G. Oil, Gas, Minerals 18,572,110 1.0076 18,431,410 18,431,410
J. Utilities 15,639,790 N/A 15,639,790 15,639,790
L1. Commercial Personal 550,770 N/A 550,770 550,770
L2. Industrial Personal 3,151,560 N/A 3,151,560 3,151,560
M. Other Personal 330,680 N/A 330,680 330,680
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 99,017,484 110,869,650 110,869,650
Less Total Deductions 6,652,585   7,059,444 7,059,444
Total Taxable Value 92,364,899 103,810,206 103,810,206 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

211-901/Texhoma 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
104,783,686 103,810,206 104,783,686 103,810,206


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
973,480 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
104,783,686 103,810,206 104,783,686 103,810,206

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)