taxes Property Tax Assistance

2018 ISD Summary Worksheet

034/Cass

034-903/Hughes Springs ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 52,858,160 N/A 52,858,160 52,858,160
B. Multi-Family Residences 3,788,780 N/A 3,788,780 3,788,780
C1. Vacant Lots 1,412,961 N/A 1,412,961 1,412,961
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 7,133,860 N/A 7,133,860 7,133,860
D2. Real Prop Farm & Ranch 6,021,145 N/A 6,021,145 6,021,145
E. Real Prop NonQual Acres 93,160,030 N/A 93,160,030 93,160,030
F1. Commercial Real 12,810,258 N/A 12,810,258 12,810,258
F2. Industrial Real 4,253,710 N/A 4,253,710 4,253,710
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 11,495,550 N/A 11,495,550 11,495,550
L1. Commercial Personal 6,735,013 N/A 6,735,013 6,735,013
L2. Industrial Personal 32,019,080 N/A 32,019,080 32,019,080
M. Other Personal 3,034,950 N/A 3,034,950 3,034,950
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 448,100 N/A 448,100 448,100
Subtotal 235,171,597 235,171,597 235,171,597
Less Total Deductions 47,765,375   47,765,375 47,765,375
Total Taxable Value 187,406,222 187,406,222 187,406,222 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
198,020,647 187,406,222 198,020,647 187,406,222


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
10,614,425 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
198,020,647 187,406,222 198,020,647 187,406,222

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

172/Morris

034-903/Hughes Springs ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 1,167,590 N/A 1,167,590 1,167,590
B. Multi-Family Residences 569,860 N/A 569,860 569,860
C1. Vacant Lots 106,570 N/A 106,570 106,570
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 505,020 N/A 505,020 505,020
D2. Real Prop Farm & Ranch 18,270 N/A 18,270 18,270
E. Real Prop NonQual Acres 9,274,390 N/A 9,274,390 9,274,390
F1. Commercial Real 178,210 N/A 178,210 178,210
F2. Industrial Real 6,500,530 N/A 6,500,530 6,500,530
G. Oil, Gas, Minerals 20,770 N/A 20,770 20,770
J. Utilities 1,576,860 N/A 1,576,860 1,576,860
L1. Commercial Personal 30,170 N/A 30,170 30,170
L2. Industrial Personal 45,450,760 N/A 45,450,760 45,450,760
M. Other Personal 26,750 N/A 26,750 26,750
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 65,425,750 65,425,750 65,425,750
Less Total Deductions 828,950   828,950 828,950
Total Taxable Value 64,596,800 64,596,800 64,596,800 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
64,835,440 64,596,800 64,835,440 64,596,800


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
238,640 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
64,835,440 64,596,800 64,835,440 64,596,800

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

034-903/Hughes Springs ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 54,025,750 N/A 54,025,750 54,025,750
B. Multi-Family Residences 4,358,640 N/A 4,358,640 4,358,640
C1. Vacant Lots 1,519,531 N/A 1,519,531 1,519,531
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 7,638,880 N/A 7,638,880 7,638,880
D2. Real Prop Farm & Ranch 6,039,415 N/A 6,039,415 6,039,415
E. Real Prop NonQual Acres 102,434,420 N/A 102,434,420 102,434,420
F1. Commercial Real 12,988,468 N/A 12,988,468 12,988,468
F2. Industrial Real 10,754,240 N/A 10,754,240 10,754,240
G. Oil, Gas, Minerals 20,770 N/A 20,770 20,770
J. Utilities 13,072,410 N/A 13,072,410 13,072,410
L1. Commercial Personal 6,765,183 N/A 6,765,183 6,765,183
L2. Industrial Personal 77,469,840 N/A 77,469,840 77,469,840
M. Other Personal 3,061,700 N/A 3,061,700 3,061,700
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 448,100 N/A 448,100 448,100
Subtotal 300,597,347 300,597,347 300,597,347
Less Total Deductions 48,594,325   48,594,325 48,594,325
Total Taxable Value 252,003,022 252,003,022 252,003,022 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

034-903/Hughes Springs 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
262,856,087 252,003,022 262,856,087 252,003,022


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
10,853,065 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
262,856,087 252,003,022 262,856,087 252,003,022

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