taxes Property Tax Assistance

2022 ISD Summary Worksheet

114-Howard /Howard County

114-901/Big Spring ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	1,033,936,190	N/A	1,033,936,190	1,033,936,190
B - MULTIFAMILY	87,584,989	N/A	87,584,989	87,584,989
C1 - VACANT LOTS	23,463,688	N/A	23,463,688	23,463,688
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	9,177,767	N/A	9,177,767	9,177,767
D2 - FARM & RANCH IMP	121,418	N/A	121,418	121,418
E - NON-AG LAND AND IMPROVEMENTS	47,399,529	N/A	47,399,529	47,399,529
F1 - COMMERCIAL REAL	308,866,197	N/A	308,866,197	308,866,197
F2 - INDUSTRIAL REAL	219,914,134	N/A	219,914,134	219,914,134
G - ALL MINERALS	2,105,871,759	N/A	2,105,871,759	2,105,871,759
J - ALL UTILITIES	242,970,050	N/A	242,970,050	242,970,050
L1 - COMMERCIAL PERSONAL	81,504,664	N/A	81,504,664	81,504,664
L2 - INDUSTRIAL PERSONAL	421,045,375	N/A	421,045,375	421,045,375
M1 - MOBILE HOMES	922,560	N/A	922,560	922,560
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	187,343	N/A	187,343	187,343
S - SPECIAL INVENTORY	7,941,351	N/A	7,941,351	7,941,351
Subtotal	4,590,907,014	0	4,590,907,014	4,590,907,014
Less Total Deductions	473,957,832	0	473,957,832	473,957,832
Total Taxable Value	4,116,949,182	0	4,116,949,182	4,116,949,182

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
4,174,417,090	4,116,949,182	4,120,052,607	4,062,584,699	4,223,467,090

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
57,467,908	54,364,483	49,050,000

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
4,227,759,790	4,170,291,882	4,173,395,307	4,115,927,399	4,276,809,790

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 LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

114-901-02/Big Spring ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	1,033,936,190	N/A	1,033,936,190	1,033,936,190
B - MULTIFAMILY	87,584,989	N/A	87,584,989	87,584,989
C1 - VACANT LOTS	23,463,688	N/A	23,463,688	23,463,688
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	9,177,767	N/A	9,177,767	9,177,767
D2 - FARM & RANCH IMP	121,418	N/A	121,418	121,418
E - NON-AG LAND AND IMPROVEMENTS	47,399,529	N/A	47,399,529	47,399,529
F1 - COMMERCIAL REAL	308,866,197	N/A	308,866,197	308,866,197
F2 - INDUSTRIAL REAL	219,914,134	N/A	219,914,134	219,914,134
G - ALL MINERALS	2,105,871,759	N/A	2,105,871,759	2,105,871,759
J - ALL UTILITIES	242,970,050	N/A	242,970,050	242,970,050
L1 - COMMERCIAL PERSONAL	81,504,664	N/A	81,504,664	81,504,664
L2 - INDUSTRIAL PERSONAL	421,045,375	N/A	421,045,375	421,045,375
M1 - MOBILE HOMES	922,560	N/A	922,560	922,560
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	187,343	N/A	187,343	187,343
S - SPECIAL INVENTORY	7,941,351	N/A	7,941,351	7,941,351
Subtotal	4,590,907,014		4,590,907,014	4,590,907,014
Less Total Deductions	473,957,832		473,957,832	473,957,832
Total Taxable Value	4,116,949,182		4,116,949,182	4,116,949,182

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
4,174,417,090	4,116,949,182	4,120,052,607	4,062,584,699	4,223,467,090

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
57,467,908	54,364,483	49,050,000

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
4,227,759,790	4,170,291,882	4,173,395,307	4,115,927,399	4,276,809,790

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