taxes Property Tax Assistance

2023 ISD Summary Worksheet

Cumby ISD (all splits)   Hopkins County   Hunt County  

112-Hopkins/Hopkins County

112-905/Cumby ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 43,739,670 0.7465 58,592,994 43,739,670
B - MULTIFAMILY 44,860 N/A 44,860 44,860
C1 - VACANT LOTS 1,154,720 N/A 1,154,720 1,154,720
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,542,441 1.2530 3,625,195 4,542,441
D2 - FARM & RANCH IMP 949,950 N/A 949,950 949,950
E - NON-AG LAND AND IMPROVEMENTS 83,754,240 0.8795 95,229,380 83,754,240
F1 - COMMERCIAL REAL 5,992,660 N/A 5,992,660 5,992,660
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 15,812,920 0.9643 16,398,341 15,812,920
L1 - COMMERCIAL PERSONAL 2,259,186 N/A 2,259,186 2,259,186
L2 - INDUSTRIAL PERSONAL 252,728 N/A 252,728 252,728
M1 - MOBILE HOMES 4,039,000 N/A 4,039,000 4,039,000
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 113,635 N/A 113,635 113,635
Subtotal 162,656,010 0 188,652,649 162,656,010
Less Total Deductions 66,418,642 0 81,104,752 66,418,642
Total Taxable Value 96,237,368 0 107,547,897 96,237,368

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

Measure Value Description
T1 116,929,660 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 96,237,368 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 116,929,660 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 96,237,368 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 125,839,660 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 131,779,660 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 101,908,964 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 116,929,660 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 96,237,368 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 116,929,660 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 96,237,368 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 125,839,660 T13 plus the loss to the chapter 313 agreement
T16 131,779,660 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 101,908,964 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 20,692,292 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 8,910,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 5,940,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR TWO OF THE GRACE PERIOD


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116-Hunt/Hunt County

112-905/Cumby ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 3,705,443 0.9751 3,800,065 3,705,443
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 257,410 N/A 257,410 257,410
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 580,560 0.8680 668,827 580,560
D2 - FARM & RANCH IMP 1,311,539 1.1752 1,116,013 1,311,539
E - NON-AG LAND AND IMPROVEMENTS 18,244,450 0.9647 18,912,045 18,244,450
F1 - COMMERCIAL REAL 357,820 N/A 357,820 357,820
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 2,077,500 0.9656 2,151,512 2,077,500
L1 - COMMERCIAL PERSONAL 16,250 N/A 16,250 16,250
L2 - INDUSTRIAL PERSONAL 62,480 N/A 62,480 62,480
M1 - MOBILE HOMES 349,920 N/A 349,920 349,920
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 26,963,372 0 27,692,342 26,963,372
Less Total Deductions 8,480,179 0 8,608,542 8,480,179
Total Taxable Value 18,483,193 0 19,083,800 18,483,193

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

Measure Value Description
T1 20,650,766 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 18,483,193 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 20,650,766 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 18,483,193 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 21,625,766 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 22,275,766 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 18,915,597 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 20,650,766 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 18,483,193 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 20,650,766 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 18,483,193 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 21,625,766 T13 plus the loss to the chapter 313 agreement
T16 22,275,766 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 18,915,597 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 2,167,573 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 975,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 650,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED


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112-905-02/Cumby ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 47,445,113 0.7604 62,393,059 47,445,113
B - MULTIFAMILY 44,860 N/A 44,860 44,860
C1 - VACANT LOTS 1,412,130 N/A 1,412,130 1,412,130
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,123,001 1.1931 4,294,022 5,123,001
D2 - FARM & RANCH IMP 2,261,489 1.0946 2,065,963 2,261,489
E - NON-AG LAND AND IMPROVEMENTS 101,998,690 0.8936 114,141,425 101,998,690
F1 - COMMERCIAL REAL 6,350,480 N/A 6,350,480 6,350,480
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 17,890,420 0.9645 18,549,853 17,890,420
L1 - COMMERCIAL PERSONAL 2,275,436 N/A 2,275,436 2,275,436
L2 - INDUSTRIAL PERSONAL 315,208 N/A 315,208 315,208
M1 - MOBILE HOMES 4,388,920 N/A 4,388,920 4,388,920
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 113,635 N/A 113,635 113,635
Subtotal 189,619,382 216,344,991 189,619,382
Less Total Deductions 74,898,821 89,713,294 74,898,821
Total Taxable Value 114,720,561 126,631,697 114,720,561

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

Measure Value Description
T1 137,580,426 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 114,720,561 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 137,580,426 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 114,720,561 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 147,465,426 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 154,055,426 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 120,824,561 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 137,580,426 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 114,720,561 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 137,580,426 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 114,720,561 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 147,465,426 T13 plus the loss to the chapter 313 agreement
T16 154,055,426 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 120,824,561 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 22,859,865 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 9,885,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 6,590,000 Loss to Second Previous Homestead Increase

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