taxes Property Tax Assistance

2018 ISD Summary Worksheet

202-Sabine

202-903/Hemphill ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 390,208,526 0.7603 513,229,680 513,229,680
B. MULTIFAMILY RESIDENCES 421,548 N/A 421,548 421,548
C1. VACANT LOTS 33,045,590 0.4487 73,647,404 73,647,404
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 18,466,230 0.9435 19,572,222 19,572,222
D2. REAL PROP:FARM & RANCH 107,910 N/A 107,910 107,910
E. REAL PROP NONQUAL ACREAGE 46,889,380 0.6776 69,199,203 69,199,203
F1. COMMERCIAL REAL 40,037,693 0.9539 41,972,631 41,972,631
F2. INDUSTRIAL REAL 134,270 N/A 134,270 134,270
G. OIL,GAS,MINERALS 520,351 N/A 520,351 520,351
J. UTILITIES 28,186,830 N/A 28,186,830 28,186,830
L1. COMMERCIAL PERSONAL 9,059,820 N/A 9,059,820 9,059,820
L2. INDUSTRIAL PERSONAL 2,718,170 N/A 2,718,170 2,718,170
M. MOBILE HOMES 13,126,580 N/A 13,126,580 13,126,580
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 582,922,898 0 771,896,619 771,896,619
Less Total Deductions 116,262,533 0 163,240,475 163,240,475
Total Taxable Value 466,660,365 0 608,656,144 608,656,144

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
629,955,475 608,656,144 629,955,475 608,656,144


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
21,299,331 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
629,955,475 608,656,144 629,955,475 608,656,144

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 TAXABLE VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR LOCAL VALUE DID NOT EXCEED THE STATE VALUE AND: 1) WAS INVALID IN ONE OR MORE OF THE PREVIOUS TWO YEARS OR 2) IS LESS THAN 90% OF THE LOWER END OF THE MARGIN OF ERROR RANGE OR 3) THE APPRAISAL DISTRICT THAT APPRAISES PROPERTY FOR THE SCHOOL DISTRICT WAS NOT IN COMPLIANCE WITH THE SCORING REQUIREMENT OF THE COMPTROLLER'S MOST RECENT REVIEW OF THE APPRAISAL DISTRICT CONDUCTED UNDER SECTION 5.102, TAX CODE (MAP REVIEW)

202-903-02/Hemphill ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 390,208,526 0.7603 513,229,680 513,229,680
B. MULTIFAMILY RESIDENCES 421,548 N/A 421,548 421,548
C1. VACANT LOTS 33,045,590 0.4487 73,647,404 73,647,404
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 18,466,230 0.9435 19,572,222 19,572,222
D2. REAL PROP:FARM & RANCH 107,910 N/A 107,910 107,910
E. REAL PROP NONQUAL ACREAGE 46,889,380 0.6776 69,199,203 69,199,203
F1. COMMERCIAL REAL 40,037,693 0.9539 41,972,631 41,972,631
F2. INDUSTRIAL REAL 134,270 N/A 134,270 134,270
G. OIL,GAS,MINERALS 520,351 N/A 520,351 520,351
J. UTILITIES 28,186,830 N/A 28,186,830 28,186,830
L1. COMMERCIAL PERSONAL 9,059,820 N/A 9,059,820 9,059,820
L2. INDUSTRIAL PERSONAL 2,718,170 N/A 2,718,170 2,718,170
M. MOBILE HOMES 13,126,580 N/A 13,126,580 13,126,580
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 582,922,898 771,896,619 771,896,619
Less Total Deductions 116,262,533 163,240,475 163,240,475
Total Taxable Value 466,660,365 608,656,144 608,656,144

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
629,955,475 608,656,144 629,955,475 608,656,144


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
21,299,331 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
629,955,475 608,656,144 629,955,475 608,656,144

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