taxes Property Tax Assistance

2018 ISD Summary Worksheet

198/Robertson

198-905/Hearne ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 140,989,059 N/A 140,989,059 140,989,059
B. Multi-Family Residences 7,148,972 N/A 7,148,972 7,148,972
C1. Vacant Lots 5,961,581 N/A 5,961,581 5,961,581
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 7,477,439 N/A 7,477,439 7,477,439
D2. Real Prop Farm & Ranch 6,967,934 N/A 6,967,934 6,967,934
E. Real Prop NonQual Acres 92,610,914 N/A 92,610,914 92,610,914
F1. Commercial Real 41,958,620 N/A 41,958,620 41,958,620
F2. Industrial Real 11,161,378 N/A 11,161,378 11,161,378
G. Oil, Gas, Minerals 21,224,903 N/A 21,224,903 21,224,903
J. Utilities 58,354,411 N/A 58,354,411 58,354,411
L1. Commercial Personal 17,077,579 N/A 17,077,579 17,077,579
L2. Industrial Personal 64,240,202 N/A 64,240,202 64,240,202
M. Other Personal 8,017,579 N/A 8,017,579 8,017,579
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 483,190,571 483,190,571 483,190,571
Less Total Deductions 81,427,246   81,427,246 81,427,246
Total Taxable Value 401,763,325 401,763,325 401,763,325 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
414,521,127 401,763,325 414,521,127 401,763,325


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
12,757,802 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
414,521,127 401,763,325 414,521,127 401,763,325

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