taxes Property Tax Assistance

2019 ISD Summary Worksheet

034-Cass

034-903/Hughes Springs ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 53,085,620 0.8840 60,051,606 53,085,620
B. MULTIFAMILY RESIDENCES 3,955,030 N/A 3,955,030 3,955,030
C1. VACANT LOTS 1,412,542 N/A 1,412,542 1,412,542
D1. QUALIFIED AG LAND 7,337,900 1.1360 6,459,651 7,337,900
D2. REAL PROP:FARM & RANCH 6,682,595 N/A 6,682,595 6,682,595
E. REAL PROP NONQUAL ACREAGE 96,898,750 0.8256 117,367,672 96,898,750
F1. COMMERCIAL REAL 13,094,781 0.8661 15,119,248 13,094,781
F2. INDUSTRIAL REAL 4,443,920 N/A 4,443,920 4,443,920
J. UTILITIES 10,845,420 0.9752 11,121,226 10,845,420
L1. COMMERCIAL PERSONAL 6,615,964 N/A 6,615,964 6,615,964
L2. INDUSTRIAL PERSONAL 27,190,660 N/A 27,190,660 27,190,660
M. MOBILE HOMES 3,368,520 N/A 3,368,520 3,368,520
S. SPECIAL INVENTORY 613,300 N/A 613,300 613,300
Subtotal 235,545,002 0 264,401,934 235,545,002
Less Total Deductions 45,462,888 0 51,481,153 45,462,888
Total Taxable Value 190,082,114 0 212,920,781 190,082,114

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
200,669,292 190,082,114 200,669,292 190,082,114


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
10,587,178 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
200,669,292 190,082,114 200,669,292 190,082,114

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

172-Morris

034-903/Hughes Springs ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 1,177,830 N/A 1,177,830 1,177,830
B. MULTIFAMILY RESIDENCES 665,660 N/A 665,660 665,660
C1. VACANT LOTS 291,390 N/A 291,390 291,390
D1. QUALIFIED AG LAND 533,640 N/A 533,640 533,640
D2. REAL PROP:FARM & RANCH 19,820 N/A 19,820 19,820
E. REAL PROP NONQUAL ACREAGE 9,098,810 N/A 9,098,810 9,098,810
F1. COMMERCIAL REAL 179,260 N/A 179,260 179,260
F2. INDUSTRIAL REAL 6,582,900 N/A 6,582,900 6,582,900
G. OIL,GAS,MINERALS 1,820,740 N/A 1,820,740 1,820,740
J. UTILITIES 1,736,180 N/A 1,736,180 1,736,180
L1. COMMERCIAL PERSONAL 21,520 N/A 21,520 21,520
L2. INDUSTRIAL PERSONAL 67,677,810 N/A 67,677,810 67,677,810
M. MOBILE HOMES 3,410 N/A 3,410 3,410
Subtotal 89,808,970 0 89,808,970 89,808,970
Less Total Deductions 847,049 0 847,049 847,049
Total Taxable Value 88,961,921 0 88,961,921 88,961,921

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
89,211,381 88,961,921 89,211,381 88,961,921


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
249,460 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
89,211,381 88,961,921 89,211,381 88,961,921

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

034-903-02/Hughes Springs ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 54,263,450 0.8862 61,229,436 54,263,450
B. MULTIFAMILY RESIDENCES 4,620,690 N/A 4,620,690 4,620,690
C1. VACANT LOTS 1,703,932 N/A 1,703,932 1,703,932
D1. QUALIFIED AG LAND 7,871,540 1.1256 6,993,291 7,871,540
D2. REAL PROP:FARM & RANCH 6,702,415 N/A 6,702,415 6,702,415
E. REAL PROP NONQUAL ACREAGE 105,997,560 0.8381 126,466,482 105,997,560
F1. COMMERCIAL REAL 13,274,041 0.8677 15,298,508 13,274,041
F2. INDUSTRIAL REAL 11,026,820 N/A 11,026,820 11,026,820
G. OIL,GAS,MINERALS 1,820,740 N/A 1,820,740 1,820,740
J. UTILITIES 12,581,600 0.9785 12,857,406 12,581,600
L1. COMMERCIAL PERSONAL 6,637,484 N/A 6,637,484 6,637,484
L2. INDUSTRIAL PERSONAL 94,868,470 N/A 94,868,470 94,868,470
M. MOBILE HOMES 3,371,930 N/A 3,371,930 3,371,930
S. SPECIAL INVENTORY 613,300 N/A 613,300 613,300
Subtotal 325,353,972 354,210,904 325,353,972
Less Total Deductions 46,309,937 52,328,202 46,309,937
Total Taxable Value 279,044,035 301,882,702 279,044,035

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
289,880,673 279,044,035 289,880,673 279,044,035


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
10,836,638 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
289,880,673 279,044,035 289,880,673 279,044,035

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