taxes Property Tax Assistance

2021 ISD Summary Worksheet

161-McLennan /McLennan County

161-924/Hallsburg ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 42,461,812 N/A 42,461,812 42,461,812
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 1,900,870 N/A 1,900,870 1,900,870
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,504,145 N/A 1,504,145 1,504,145
D2 - FARM & RANCH IMP 1,428,025 N/A 1,428,025 1,428,025
E - NON-AG LAND AND IMPROVEMENTS 45,129,827 N/A 45,129,827 45,129,827
F1 - COMMERCIAL REAL 2,011,380 N/A 2,011,380 2,011,380
F2 - INDUSTRIAL REAL 3,464,566 N/A 3,464,566 3,464,566
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 15,967,770 N/A 15,967,770 15,967,770
L1 - COMMERCIAL PERSONAL 5,312,350 N/A 5,312,350 5,312,350
L2 - INDUSTRIAL PERSONAL 2,355,380 N/A 2,355,380 2,355,380
M1 - MOBILE HOMES 992,730 N/A 992,730 992,730
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 29,620 N/A 29,620 29,620
Subtotal 122,558,475 0 122,558,475 122,558,475
Less Total Deductions 21,128,199 0 21,128,199 21,128,199
Total Taxable Value 101,430,276 0 101,430,276 101,430,276

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
104,531,536 101,430,276 104,531,536 101,430,276


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,101,260 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
104,531,536 101,430,276 104,531,536 101,430,276

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

161-924-02/Hallsburg ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 42,461,812 N/A 42,461,812 42,461,812
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 1,900,870 N/A 1,900,870 1,900,870
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,504,145 N/A 1,504,145 1,504,145
D2 - FARM & RANCH IMP 1,428,025 N/A 1,428,025 1,428,025
E - NON-AG LAND AND IMPROVEMENTS 45,129,827 N/A 45,129,827 45,129,827
F1 - COMMERCIAL REAL 2,011,380 N/A 2,011,380 2,011,380
F2 - INDUSTRIAL REAL 3,464,566 N/A 3,464,566 3,464,566
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 15,967,770 N/A 15,967,770 15,967,770
L1 - COMMERCIAL PERSONAL 5,312,350 N/A 5,312,350 5,312,350
L2 - INDUSTRIAL PERSONAL 2,355,380 N/A 2,355,380 2,355,380
M1 - MOBILE HOMES 992,730 N/A 992,730 992,730
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 29,620 N/A 29,620 29,620
Subtotal 122,558,475 122,558,475 122,558,475
Less Total Deductions 21,128,199 21,128,199 21,128,199
Total Taxable Value 101,430,276 101,430,276 101,430,276

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
104,531,536 101,430,276 104,531,536 101,430,276


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
3,101,260 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
104,531,536 101,430,276 104,531,536 101,430,276

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