taxes Property Tax Assistance

2022 ISD Summary Worksheet

107-Henderson /Henderson County

107-907/Trinidad ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	29,304,600	0.9375	31,258,240	29,304,600
B - MULTIFAMILY	144,760	N/A	144,760	144,760
C1 - VACANT LOTS	631,860	N/A	631,860	631,860
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	730,050	1.2311	593,029	730,050
D2 - FARM & RANCH IMP	33,590	N/A	33,590	33,590
E - NON-AG LAND AND IMPROVEMENTS	4,897,630	N/A	4,897,630	4,897,630
F1 - COMMERCIAL REAL	2,312,010	N/A	2,312,010	2,312,010
F2 - INDUSTRIAL REAL	1,998,000	N/A	1,998,000	1,998,000
G - ALL MINERALS	111,570	N/A	111,570	111,570
J - ALL UTILITIES	32,923,630	0.8895	37,013,637	32,923,630
L1 - COMMERCIAL PERSONAL	732,360	N/A	732,360	732,360
L2 - INDUSTRIAL PERSONAL	13,642,250	N/A	13,642,250	13,642,250
M1 - MOBILE HOMES	365,000	N/A	365,000	365,000
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	87,827,310	0	93,733,936	87,827,310
Less Total Deductions	29,554,045	0	30,450,824	29,554,045
Total Taxable Value	58,273,265	0	63,283,112	58,273,265

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	T13
60,185,796	58,273,265	58,930,359	57,017,828	62,345,796

Loss to the Increase in the State-Mandated Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
1,912,531	1,255,437	2,160,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
60,185,796	58,273,265	58,930,359	57,017,828	62,345,796

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

THE PVS FOUND YOUR LOCAL VALUE INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

107-907-02/Trinidad ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	29,304,600	0.9375	31,258,240	29,304,600
B - MULTIFAMILY	144,760	N/A	144,760	144,760
C1 - VACANT LOTS	631,860	N/A	631,860	631,860
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	730,050	1.2311	593,029	730,050
D2 - FARM & RANCH IMP	33,590	N/A	33,590	33,590
E - NON-AG LAND AND IMPROVEMENTS	4,897,630	N/A	4,897,630	4,897,630
F1 - COMMERCIAL REAL	2,312,010	N/A	2,312,010	2,312,010
F2 - INDUSTRIAL REAL	1,998,000	N/A	1,998,000	1,998,000
G - ALL MINERALS	111,570	N/A	111,570	111,570
J - ALL UTILITIES	32,923,630	0.8895	37,013,637	32,923,630
L1 - COMMERCIAL PERSONAL	732,360	N/A	732,360	732,360
L2 - INDUSTRIAL PERSONAL	13,642,250	N/A	13,642,250	13,642,250
M1 - MOBILE HOMES	365,000	N/A	365,000	365,000
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	87,827,310		93,733,936	87,827,310
Less Total Deductions	29,554,045		30,450,824	29,554,045
Total Taxable Value	58,273,265		63,283,112	58,273,265

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	T13
60,185,796	58,273,265	58,930,359	57,017,828	62,345,796

Loss to the Increase in the State-Mandated Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
1,912,531	1,255,437	2,160,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
60,185,796	58,273,265	58,930,359	57,017,828	62,345,796

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement