taxes Property Tax Assistance

2018 ISD Summary Worksheet

117-Hutchinson

117-907/Spring Creek ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	599,060	N/A	599,060	599,060
B. MULTIFAMILY RESIDENCES	2,188,140	N/A	2,188,140	2,188,140
C1. VACANT LOTS	60,740	N/A	60,740	60,740
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	5,295,200	N/A	5,295,200	5,295,200
D2. REAL PROP:FARM & RANCH	1,694,210	N/A	1,694,210	1,694,210
E. REAL PROP NONQUAL ACREAGE	1,541,360	N/A	1,541,360	1,541,360
F1. COMMERCIAL REAL	65,880	N/A	65,880	65,880
F2. INDUSTRIAL REAL	31,500	N/A	31,500	31,500
G. OIL,GAS,MINERALS	6,217,650	N/A	6,217,650	6,217,650
J. UTILITIES	15,608,070	N/A	15,608,070	15,608,070
L1. COMMERCIAL PERSONAL	0	N/A	0	0
L2. INDUSTRIAL PERSONAL	4,133,790	N/A	4,133,790	4,133,790
M. MOBILE HOMES	387,750	N/A	387,750	387,750
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	37,823,350	0	37,823,350	37,823,350
Less Total Deductions	824,357	0	824,357	824,357
Total Taxable Value	36,998,993	0	36,998,993	36,998,993

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
37,184,303	36,998,993	37,059,763	36,874,453

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
185,310	124,540

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
37,184,303	36,998,993	37,059,763	36,874,453

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

117-907-02/Spring Creek ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	599,060	N/A	599,060	599,060
B. MULTIFAMILY RESIDENCES	2,188,140	N/A	2,188,140	2,188,140
C1. VACANT LOTS	60,740	N/A	60,740	60,740
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	5,295,200	N/A	5,295,200	5,295,200
D2. REAL PROP:FARM & RANCH	1,694,210	N/A	1,694,210	1,694,210
E. REAL PROP NONQUAL ACREAGE	1,541,360	N/A	1,541,360	1,541,360
F1. COMMERCIAL REAL	65,880	N/A	65,880	65,880
F2. INDUSTRIAL REAL	31,500	N/A	31,500	31,500
G. OIL,GAS,MINERALS	6,217,650	N/A	6,217,650	6,217,650
J. UTILITIES	15,608,070	N/A	15,608,070	15,608,070
L1. COMMERCIAL PERSONAL	0	N/A	0	0
L2. INDUSTRIAL PERSONAL	4,133,790	N/A	4,133,790	4,133,790
M. MOBILE HOMES	387,750	N/A	387,750	387,750
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	37,823,350		37,823,350	37,823,350
Less Total Deductions	824,357		824,357	824,357
Total Taxable Value	36,998,993		36,998,993	36,998,993

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
37,184,303	36,998,993	37,059,763	36,874,453

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
185,310	124,540

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
37,184,303	36,998,993	37,059,763	36,874,453

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