taxes Property Tax Assistance

2018 ISD Summary Worksheet

112/Hopkins

112-906/North Hopkins ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 22,616,130 .9168 24,668,554 22,616,130
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 185,200 N/A 185,200 185,200
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,294,920 .9339 6,740,376 6,294,920
D2. Real Prop Farm & Ranch 1,117,630 N/A 1,117,630 1,117,630
E. Real Prop NonQual Acres 59,373,460 .9732 61,008,487 59,373,460
F1. Commercial Real 1,880,460 N/A 1,880,460 1,880,460
F2. Industrial Real 207,040 N/A 207,040 207,040
G. Oil, Gas, Minerals 3,621,099 N/A 3,621,099 3,621,099
J. Utilities 5,133,606 N/A 5,133,606 5,133,606
L1. Commercial Personal 1,218,200 N/A 1,218,200 1,218,200
L2. Industrial Personal 2,436,129 N/A 2,436,129 2,436,129
M. Other Personal 3,596,650 N/A 3,596,650 3,596,650
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 107,680,524 111,813,431 107,680,524
Less Total Deductions 20,921,946   22,712,716 20,921,946
Total Taxable Value 86,758,578 89,100,715 86,758,578 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
90,900,747 86,758,578 90,900,747 86,758,578


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,142,169 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
90,900,747 86,758,578 90,900,747 86,758,578

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