taxes Property Tax Assistance

2022 ISD Summary Worksheet

202-Sabine/Sabine County

202-903/Hemphill ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 566,394,101 0.7808 725,402,281 725,402,281
B - MULTIFAMILY 414,628 N/A 414,628 414,628
C1 - VACANT LOTS 42,223,940 N/A 42,223,940 42,223,940
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 22,054,456 1.0711 20,590,886 20,590,886
D2 - FARM & RANCH IMP 2,099,460 N/A 2,099,460 2,099,460
E - NON-AG LAND AND IMPROVEMENTS 74,864,380 0.7813 95,820,274 95,820,274
F1 - COMMERCIAL REAL 55,258,633 0.9446 58,499,506 58,499,506
F2 - INDUSTRIAL REAL 204,040 N/A 204,040 204,040
G - ALL MINERALS 1,630,520 N/A 1,630,520 1,630,520
J - ALL UTILITIES 35,814,680 N/A 35,814,680 35,814,680
L1 - COMMERCIAL PERSONAL 12,961,171 N/A 12,961,171 12,961,171
L2 - INDUSTRIAL PERSONAL 5,910,930 N/A 5,910,930 5,910,930
M1 - MOBILE HOMES 21,903,361 N/A 21,903,361 21,903,361
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 377,670 N/A 377,670 377,670
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 842,111,970 0 1,023,853,347 1,023,853,347
Less Total Deductions 188,529,208 0 251,517,478 251,517,478
Total Taxable Value 653,582,762 0 772,335,869 772,335,869

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 T13
800,248,517 772,335,869 800,248,517 772,335,869 825,548,517


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
27,912,648 0 25,300,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
800,248,517 772,335,869 800,248,517 772,335,869 825,548,517

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

THE PVS FOUND YOUR TAXABLE VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR LOCAL VALUE DID NOT EXCEED THE STATE VALUE AND: 1) WAS INVALID IN ONE OR MORE OF THE PREVIOUS TWO YEARS OR 2) IS LESS THAN 90% OF THE LOWER END OF THE MARGIN OF ERROR RANGE OR 3) THE APPRAISAL DISTRICT THAT APPRAISES PROPERTY FOR THE SCHOOL DISTRICT WAS NOT IN COMPLIANCE WITH THE SCORING REQUIREMENT OF THE COMPTROLLER'S MOST RECENT REVIEW OF THE APPRAISAL DISTRICT CONDUCTED UNDER SECTION 5.102, TAX CODE (MAP REVIEW)

202-903-02/Hemphill ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 566,394,101 0.7808 725,402,281 725,402,281
B - MULTIFAMILY 414,628 N/A 414,628 414,628
C1 - VACANT LOTS 42,223,940 N/A 42,223,940 42,223,940
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 22,054,456 1.0711 20,590,886 20,590,886
D2 - FARM & RANCH IMP 2,099,460 N/A 2,099,460 2,099,460
E - NON-AG LAND AND IMPROVEMENTS 74,864,380 0.7813 95,820,274 95,820,274
F1 - COMMERCIAL REAL 55,258,633 0.9446 58,499,506 58,499,506
F2 - INDUSTRIAL REAL 204,040 N/A 204,040 204,040
G - ALL MINERALS 1,630,520 N/A 1,630,520 1,630,520
J - ALL UTILITIES 35,814,680 N/A 35,814,680 35,814,680
L1 - COMMERCIAL PERSONAL 12,961,171 N/A 12,961,171 12,961,171
L2 - INDUSTRIAL PERSONAL 5,910,930 N/A 5,910,930 5,910,930
M1 - MOBILE HOMES 21,903,361 N/A 21,903,361 21,903,361
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 377,670 N/A 377,670 377,670
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 842,111,970 1,023,853,347 1,023,853,347
Less Total Deductions 188,529,208 251,517,478 251,517,478
Total Taxable Value 653,582,762 772,335,869 772,335,869

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 T13
800,248,517 772,335,869 800,248,517 772,335,869 825,548,517


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
27,912,648 0 25,300,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
800,248,517 772,335,869 800,248,517 772,335,869 825,548,517

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement