taxes Property Tax Assistance

2018 ISD Summary Worksheet

127/Jones

127-904/Hawley ISD

* This district is in year 1 of the grace period.


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 17,157,660 .9792 17,522,120 17,157,660
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 557,780 N/A 557,780 557,780
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,508,250 1.1286 2,222,432 2,508,250
D2. Real Prop Farm & Ranch 4,697,590 N/A 4,697,590 4,697,590
E. Real Prop NonQual Acres 113,742,390 .8588 132,443,398 113,742,390
F1. Commercial Real 3,306,120 N/A 3,306,120 3,306,120
F2. Industrial Real 100,430 N/A 100,430 100,430
G. Oil, Gas, Minerals 516,370 N/A 516,370 516,370
J. Utilities 31,782,240 .9107 34,898,693 31,782,240
L1. Commercial Personal 5,442,550 N/A 5,442,550 5,442,550
L2. Industrial Personal 8,129,250 N/A 8,129,250 8,129,250
M. Other Personal 6,884,870 N/A 6,884,870 6,884,870
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 51,280 N/A 51,280 51,280
Subtotal 194,876,780 216,772,883 194,876,780
Less Total Deductions 45,892,927   46,698,771 45,892,927
Total Taxable Value 148,983,853 170,074,112 148,983,853 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
157,434,513 148,983,853 157,434,513 148,983,853


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
8,450,660 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
157,434,513 148,983,853 157,434,513 148,983,853

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 invalid, but local value was certified because your school district is in year one of the grace period.