taxes Property Tax Assistance

2016 ISD Summary Worksheet

117/Hutchinson

117-901/Borger ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 347,641,310 N/A 347,641,310 347,641,310
B. Multi-Family Residences 6,374,280 N/A 6,374,280 6,374,280
C1. Vacant Lots 4,325,740 N/A 4,325,740 4,325,740
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,260,800 N/A 1,260,800 1,260,800
D2. Real Prop Farm & Ranch 574,710 N/A 574,710 574,710
E. Real Prop NonQual Acres 4,626,830 N/A 4,626,830 4,626,830
F1. Commercial Real 102,129,970 N/A 102,129,970 102,129,970
F2. Industrial Real 447,638,940 N/A 447,638,940 447,638,940
G. Oil, Gas, Minerals 8,401,660 N/A 8,401,660 8,401,660
J. Utilities 41,015,360 N/A 41,015,360 41,015,360
L1. Commercial Personal 48,682,590 N/A 48,682,590 48,682,590
L2. Industrial Personal 82,563,940 N/A 82,563,940 82,563,940
M. Other Personal 845,900 N/A 845,900 845,900
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 245,300 N/A 245,300 245,300
S. Special Inventory 1,777,910 N/A 1,777,910 1,777,910
Subtotal 1,098,105,240 1,098,105,240 1,098,105,240
Less Total Deductions 486,647,406   486,647,406 486,647,406
Total Taxable Value 611,457,834 611,457,834 611,457,834 T2

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
643,621,524 611,457,834 630,616,079 598,452,389


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
32,163,690 13,005,445


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
1,004,621,524 972,457,834 991,616,079 959,452,389

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