taxes Property Tax Assistance

2016 ISD Summary Worksheet

117/Hutchinson

117-904/Plemons-Stinnett-Phillips CISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 46,828,030 N/A 46,828,030 46,828,030
B. Multi-Family Residences 83,070 N/A 83,070 83,070
C1. Vacant Lots 2,093,640 N/A 2,093,640 2,093,640
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 10,502,920 N/A 10,502,920 10,502,920
D2. Real Prop Farm & Ranch 588,600 N/A 588,600 588,600
E. Real Prop NonQual Acres 7,523,710 N/A 7,523,710 7,523,710
F1. Commercial Real 3,608,990 N/A 3,608,990 3,608,990
F2. Industrial Real 801,733,650 N/A 801,733,650 801,733,650
G. Oil, Gas, Minerals 21,365,210 N/A 21,365,210 21,365,210
J. Utilities 49,852,320 N/A 49,852,320 49,852,320
L1. Commercial Personal 2,952,350 N/A 2,952,350 2,952,350
L2. Industrial Personal 297,372,200 N/A 297,372,200 297,372,200
M. Other Personal 1,464,870 N/A 1,464,870 1,464,870
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 8,200 N/A 8,200 8,200
S. Special Inventory 367,610 N/A 367,610 367,610
Subtotal 1,246,345,370 1,246,345,370 1,246,345,370
Less Total Deductions 124,450,077   124,450,077 124,450,077
Total Taxable Value 1,121,895,293 1,121,895,293 1,121,895,293 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
1,127,628,953 1,121,895,293 1,124,179,703 1,118,446,043


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,733,660 3,449,250


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
1,170,627,593 1,164,893,933 1,167,178,343 1,161,444,683

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