taxes Property Tax Assistance

2021 ISD Summary Worksheet

117-Hutchinson /Hutchinson County

117-907/Spring Creek ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	620,750	N/A	620,750	620,750
B - MULTIFAMILY	2,188,140	1.0071	2,172,714	2,188,140
C1 - VACANT LOTS	33,150	N/A	33,150	33,150
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	5,883,999	1.1100	5,300,772	5,883,999
D2 - FARM & RANCH IMP	1,917,880	1.1294	1,698,141	1,917,880
E - NON-AG LAND AND IMPROVEMENTS	1,164,830	N/A	1,164,830	1,164,830
F1 - COMMERCIAL REAL	232,280	N/A	232,280	232,280
F2 - INDUSTRIAL REAL	31,500	N/A	31,500	31,500
G - ALL MINERALS	4,968,347	0.9478	5,241,978	4,968,347
J - ALL UTILITIES	13,846,700	0.8961	15,452,182	13,846,700
L1 - COMMERCIAL PERSONAL	40,400	N/A	40,400	40,400
L2 - INDUSTRIAL PERSONAL	4,963,810	N/A	4,963,810	4,963,810
M1 - MOBILE HOMES	464,880	N/A	464,880	464,880
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	36,356,666	0	37,417,387	36,356,666
Less Total Deductions	850,172	0	850,172	850,172
Total Taxable Value	35,506,494	0	36,567,215	35,506,494

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
35,679,124	35,506,494	35,552,539	35,379,909

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
172,630	126,585

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
35,679,124	35,506,494	35,552,539	35,379,909

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	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	620,750	N/A	620,750	620,750
B - MULTIFAMILY	2,188,140	1.0071	2,172,714	2,188,140
C1 - VACANT LOTS	33,150	N/A	33,150	33,150
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	5,883,999	1.1100	5,300,772	5,883,999
D2 - FARM & RANCH IMP	1,917,880	1.1294	1,698,141	1,917,880
E - NON-AG LAND AND IMPROVEMENTS	1,164,830	N/A	1,164,830	1,164,830
F1 - COMMERCIAL REAL	232,280	N/A	232,280	232,280
F2 - INDUSTRIAL REAL	31,500	N/A	31,500	31,500
G - ALL MINERALS	4,968,347	0.9478	5,241,978	4,968,347
J - ALL UTILITIES	13,846,700	0.8961	15,452,182	13,846,700
L1 - COMMERCIAL PERSONAL	40,400	N/A	40,400	40,400
L2 - INDUSTRIAL PERSONAL	4,963,810	N/A	4,963,810	4,963,810
M1 - MOBILE HOMES	464,880	N/A	464,880	464,880
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	36,356,666		37,417,387	36,356,666
Less Total Deductions	850,172		850,172	850,172
Total Taxable Value	35,506,494		36,567,215	35,506,494

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
35,679,124	35,506,494	35,552,539	35,379,909

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
172,630	126,585

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
35,679,124	35,506,494	35,552,539	35,379,909

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