taxes Property Tax Assistance

2017 ISD Summary Worksheet

198/Robertson

198-905/Hearne ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 131,877,749 .9743 135,356,409 131,877,749
B. Multi-Family Residences 6,710,056 N/A 6,710,056 6,710,056
C1. Vacant Lots 4,409,500 N/A 4,409,500 4,409,500
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,892,752 .9349 7,372,738 6,892,752
D2. Real Prop Farm & Ranch 20,860,636 N/A 20,860,636 20,860,636
E. Real Prop NonQual Acres 63,452,747 .8780 72,269,644 63,452,747
F1. Commercial Real 39,663,954 1.0349 38,326,364 39,663,954
F2. Industrial Real 11,577,903 N/A 11,577,903 11,577,903
G. Oil, Gas, Minerals 32,910,155 1.0165 32,375,952 32,910,155
J. Utilities 56,423,181 1.0337 54,583,710 56,423,181
L1. Commercial Personal 15,426,169 N/A 15,426,169 15,426,169
L2. Industrial Personal 65,992,321 N/A 65,992,321 65,992,321
M. Other Personal 7,384,058 N/A 7,384,058 7,384,058
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 463,581,181 472,645,460 463,581,181
Less Total Deductions 81,472,392   83,458,833 81,472,392
Total Taxable Value 382,108,789 389,186,627 382,108,789 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
394,550,208 382,108,789 394,550,208 382,108,789


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
12,441,419 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
394,550,208 382,108,789 394,550,208 382,108,789

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