taxes Property Tax Assistance

2017 ISD Summary Worksheet

106/Hemphill

106-901/Canadian ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 100,245,000 N/A 100,245,000 100,245,000
B. Multi-Family Residences 2,078,620 N/A 2,078,620 2,078,620
C1. Vacant Lots 6,990,044 N/A 6,990,044 6,990,044
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 18,282,130 N/A 18,282,130 18,282,130
D2. Real Prop Farm & Ranch 549,510 N/A 549,510 549,510
E. Real Prop NonQual Acres 39,592,196 N/A 39,592,196 39,592,196
F1. Commercial Real 29,190,440 N/A 29,190,440 29,190,440
F2. Industrial Real 23,080,250 N/A 23,080,250 23,080,250
G. Oil, Gas, Minerals 543,647,110 N/A 543,647,110 543,647,110
J. Utilities 281,740,810 N/A 281,740,810 281,740,810
L1. Commercial Personal 19,884,440 N/A 19,884,440 19,884,440
L2. Industrial Personal 147,659,320 N/A 147,659,320 147,659,320
M. Other Personal 3,636,930 N/A 3,636,930 3,636,930
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 207,260 N/A 207,260 207,260
Subtotal 1,216,784,060 1,216,784,060 1,216,784,060
Less Total Deductions 50,538,231   50,538,231 50,538,231
Total Taxable Value 1,166,245,829 1,166,245,829 1,166,245,829 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
1,173,479,199 1,166,245,829 1,163,801,954 1,156,568,584


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
7,233,370 9,677,245


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
1,184,338,229 1,177,104,859 1,174,660,984 1,167,427,614

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