taxes Property Tax Assistance

2018 ISD Summary Worksheet

117/Hutchinson

117-901/Borger ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 358,808,230 N/A 358,808,230 358,808,230
B. Multi-Family Residences 6,185,510 N/A 6,185,510 6,185,510
C1. Vacant Lots 4,290,520 N/A 4,290,520 4,290,520
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,300,230 N/A 1,300,230 1,300,230
D2. Real Prop Farm & Ranch 584,870 N/A 584,870 584,870
E. Real Prop NonQual Acres 4,892,850 N/A 4,892,850 4,892,850
F1. Commercial Real 93,661,100 N/A 93,661,100 93,661,100
F2. Industrial Real 536,356,490 N/A 536,356,490 536,356,490
G. Oil, Gas, Minerals 8,164,840 N/A 8,164,840 8,164,840
J. Utilities 37,784,630 N/A 37,784,630 37,784,630
L1. Commercial Personal 44,755,500 N/A 44,755,500 44,755,500
L2. Industrial Personal 78,608,400 N/A 78,608,400 78,608,400
M. Other Personal 1,088,410 N/A 1,088,410 1,088,410
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 215,220 N/A 215,220 215,220
S. Special Inventory 3,118,300 N/A 3,118,300 3,118,300
Subtotal 1,179,815,100 1,179,815,100 1,179,815,100
Less Total Deductions 553,723,417   553,723,417 553,723,417
Total Taxable Value 626,091,683 626,091,683 626,091,683 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
657,920,063 626,091,683 644,548,953 612,720,573


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
31,828,380 13,371,110


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
1,070,508,973 1,038,680,593 1,057,137,863 1,025,309,483

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