taxes Property Tax Assistance

2019 ISD Summary Worksheet

117-Hutchinson

117-903/Sanford-Fritch ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	115,631,970	0.9447	122,400,730	115,631,970
B. MULTIFAMILY RESIDENCES	228,460	N/A	228,460	228,460
C1. VACANT LOTS	4,282,660	N/A	4,282,660	4,282,660
D1. QUALIFIED AG LAND	659,913	0.8681	760,224	659,913
D2. REAL PROP:FARM & RANCH	97,220	N/A	97,220	97,220
E. REAL PROP NONQUAL ACREAGE	7,611,560	N/A	7,611,560	7,611,560
F1. COMMERCIAL REAL	7,032,040	N/A	7,032,040	7,032,040
F2. INDUSTRIAL REAL	595,960	N/A	595,960	595,960
G. OIL,GAS,MINERALS	10,409,240	1.0075	10,331,752	10,409,240
J. UTILITIES	12,016,587	0.9808	12,251,822	12,016,587
L1. COMMERCIAL PERSONAL	4,861,257	N/A	4,861,257	4,861,257
L2. INDUSTRIAL PERSONAL	2,761,440	N/A	2,761,440	2,761,440
M. MOBILE HOMES	3,600,930	N/A	3,600,930	3,600,930
O. RESIDENTIAL INVENTORY	100,200	N/A	100,200	100,200
S. SPECIAL INVENTORY	20,450	N/A	20,450	20,450
Subtotal	169,909,887	0	176,936,705	169,909,887
Less Total Deductions	48,169,316	0	50,065,911	48,169,316
Total Taxable Value	121,740,571	0	126,870,794	121,740,571

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
132,498,951	121,740,571	132,498,951	121,740,571

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
10,758,380	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
132,498,951	121,740,571	132,498,951	121,740,571

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

117-903-02/Sanford-Fritch ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	115,631,970	0.9447	122,400,730	115,631,970
B. MULTIFAMILY RESIDENCES	228,460	N/A	228,460	228,460
C1. VACANT LOTS	4,282,660	N/A	4,282,660	4,282,660
D1. QUALIFIED AG LAND	659,913	0.8681	760,224	659,913
D2. REAL PROP:FARM & RANCH	97,220	N/A	97,220	97,220
E. REAL PROP NONQUAL ACREAGE	7,611,560	N/A	7,611,560	7,611,560
F1. COMMERCIAL REAL	7,032,040	N/A	7,032,040	7,032,040
F2. INDUSTRIAL REAL	595,960	N/A	595,960	595,960
G. OIL,GAS,MINERALS	10,409,240	1.0075	10,331,752	10,409,240
J. UTILITIES	12,016,587	0.9808	12,251,822	12,016,587
L1. COMMERCIAL PERSONAL	4,861,257	N/A	4,861,257	4,861,257
L2. INDUSTRIAL PERSONAL	2,761,440	N/A	2,761,440	2,761,440
M. MOBILE HOMES	3,600,930	N/A	3,600,930	3,600,930
O. RESIDENTIAL INVENTORY	100,200	N/A	100,200	100,200
S. SPECIAL INVENTORY	20,450	N/A	20,450	20,450
Subtotal	169,909,887		176,936,705	169,909,887
Less Total Deductions	48,169,316		50,065,911	48,169,316
Total Taxable Value	121,740,571		126,870,794	121,740,571

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
132,498,951	121,740,571	132,498,951	121,740,571

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
10,758,380	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
132,498,951	121,740,571	132,498,951	121,740,571

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