taxes Property Tax Assistance

2019 ISD Summary Worksheet

117-Hutchinson

117-907/Spring Creek ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 584,360 N/A 584,360 584,360
B. MULTIFAMILY RESIDENCES 2,188,140 0.9860 2,219,209 2,188,140
C1. VACANT LOTS 29,320 N/A 29,320 29,320
D1. QUALIFIED AG LAND 5,305,449 0.8650 6,133,649 5,305,449
D2. REAL PROP:FARM & RANCH 1,762,220 0.9404 1,873,905 1,762,220
E. REAL PROP NONQUAL ACREAGE 1,504,680 N/A 1,504,680 1,504,680
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 9,785,430 0.9868 9,916,325 9,785,430
J. UTILITIES 17,040,790 0.9913 17,190,346 17,040,790
L1. COMMERCIAL PERSONAL 7,000 N/A 7,000 7,000
L2. INDUSTRIAL PERSONAL 4,731,560 N/A 4,731,560 4,731,560
M. MOBILE HOMES 464,880 N/A 464,880 464,880
Subtotal 43,501,209 0 44,752,614 43,501,209
Less Total Deductions 838,562 0 838,562 838,562
Total Taxable Value 42,662,647 0 43,914,052 42,662,647

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
42,848,617 42,662,647 42,723,467 42,537,497


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
185,970 125,150


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
42,848,617 42,662,647 42,723,467 42,537,497

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

117-907-02/Spring Creek ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 584,360 N/A 584,360 584,360
B. MULTIFAMILY RESIDENCES 2,188,140 0.9860 2,219,209 2,188,140
C1. VACANT LOTS 29,320 N/A 29,320 29,320
D1. QUALIFIED AG LAND 5,305,449 0.8650 6,133,649 5,305,449
D2. REAL PROP:FARM & RANCH 1,762,220 0.9404 1,873,905 1,762,220
E. REAL PROP NONQUAL ACREAGE 1,504,680 N/A 1,504,680 1,504,680
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 9,785,430 0.9868 9,916,325 9,785,430
J. UTILITIES 17,040,790 0.9913 17,190,346 17,040,790
L1. COMMERCIAL PERSONAL 7,000 N/A 7,000 7,000
L2. INDUSTRIAL PERSONAL 4,731,560 N/A 4,731,560 4,731,560
M. MOBILE HOMES 464,880 N/A 464,880 464,880
Subtotal 43,501,209 44,752,614 43,501,209
Less Total Deductions 838,562 838,562 838,562
Total Taxable Value 42,662,647 43,914,052 42,662,647

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
42,848,617 42,662,647 42,723,467 42,537,497


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
185,970 125,150


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
42,848,617 42,662,647 42,723,467 42,537,497

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