taxes Property Tax Assistance

2016 ISD Summary Worksheet

202/Sabine

202-903/Hemphill ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 368,084,650 .9543 385,711,673 368,084,650
B. Multi-Family Residences 465,840 N/A 465,840 465,840
C1. Vacant Lots 33,817,230 .9555 35,392,182 33,817,230
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 18,705,640 .9737 19,210,121 18,705,640
D2. Real Prop Farm & Ranch 0 N/A 0 0
E. Real Prop NonQual Acres 46,141,010 1.0124 45,575,869 46,141,010
F1. Commercial Real 32,882,720 .9298 35,365,369 32,882,720
F2. Industrial Real 135,290 N/A 135,290 135,290
G. Oil, Gas, Minerals 1,177,740 N/A 1,177,740 1,177,740
J. Utilities 24,062,480 .8005 30,059,313 24,062,480
L1. Commercial Personal 9,975,240 N/A 9,975,240 9,975,240
L2. Industrial Personal 3,997,700 N/A 3,997,700 3,997,700
M. Other Personal 11,035,950 N/A 11,035,950 11,035,950
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 550,481,490 578,102,287 550,481,490
Less Total Deductions 112,677,653   119,075,138 112,677,653
Total Taxable Value 437,803,837 459,027,149 437,803,837 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
458,558,047 437,803,837 458,558,047 437,803,837


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
20,754,210 0


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
458,558,047 437,803,837 458,558,047 437,803,837

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