taxes Property Tax Assistance

2022 ISD Summary Worksheet

177-Nolan /Nolan County

177-905/Highland ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	1,357,210	N/A	1,357,210	1,357,210
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	88,000	N/A	88,000	88,000
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	10,880,325	1.1569	9,405,002	10,880,325
D2 - FARM & RANCH IMP	3,420,730	N/A	3,420,730	3,420,730
E - NON-AG LAND AND IMPROVEMENTS	30,210,020	1.1382	26,541,926	30,210,020
F1 - COMMERCIAL REAL	602,892	N/A	602,892	602,892
F2 - INDUSTRIAL REAL	251,068,030	N/A	251,068,030	251,068,030
G - ALL MINERALS	28,604,800	1.0007	28,584,791	28,604,800
J - ALL UTILITIES	79,788,950	0.9647	82,708,562	79,788,950
L1 - COMMERCIAL PERSONAL	686,195	N/A	686,195	686,195
L2 - INDUSTRIAL PERSONAL	436,775,000	N/A	436,775,000	436,775,000
M1 - MOBILE HOMES	416,790	N/A	416,790	416,790
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	843,898,942	0	841,655,128	843,898,942
Less Total Deductions	464,231,422	0	464,231,422	464,231,422
Total Taxable Value	379,667,520	0	377,423,706	379,667,520

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
381,016,850	379,667,520	381,016,850	379,667,520	382,076,850

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
1,349,330	0	1,060,000

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
818,214,910	816,865,580	818,214,910	816,865,580	819,274,910

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

177-905-02/Highland ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	1,357,210	N/A	1,357,210	1,357,210
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	88,000	N/A	88,000	88,000
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	10,880,325	1.1569	9,405,002	10,880,325
D2 - FARM & RANCH IMP	3,420,730	N/A	3,420,730	3,420,730
E - NON-AG LAND AND IMPROVEMENTS	30,210,020	1.1382	26,541,926	30,210,020
F1 - COMMERCIAL REAL	602,892	N/A	602,892	602,892
F2 - INDUSTRIAL REAL	251,068,030	N/A	251,068,030	251,068,030
G - ALL MINERALS	28,604,800	1.0007	28,584,791	28,604,800
J - ALL UTILITIES	79,788,950	0.9647	82,708,562	79,788,950
L1 - COMMERCIAL PERSONAL	686,195	N/A	686,195	686,195
L2 - INDUSTRIAL PERSONAL	436,775,000	N/A	436,775,000	436,775,000
M1 - MOBILE HOMES	416,790	N/A	416,790	416,790
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	843,898,942		841,655,128	843,898,942
Less Total Deductions	464,231,422		464,231,422	464,231,422
Total Taxable Value	379,667,520		377,423,706	379,667,520

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
381,016,850	379,667,520	381,016,850	379,667,520	382,076,850

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
1,349,330	0	1,060,000

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
818,214,910	816,865,580	818,214,910	816,865,580	819,274,910

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