taxes Property Tax Assistance

2022 ISD Summary Worksheet

114-Howard /Howard County

114-901/Big Spring ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 1,033,936,190 N/A 1,033,936,190 1,033,936,190
B - MULTIFAMILY 87,584,989 N/A 87,584,989 87,584,989
C1 - VACANT LOTS 23,463,688 N/A 23,463,688 23,463,688
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 9,177,767 N/A 9,177,767 9,177,767
D2 - FARM & RANCH IMP 121,418 N/A 121,418 121,418
E - NON-AG LAND AND IMPROVEMENTS 47,399,529 N/A 47,399,529 47,399,529
F1 - COMMERCIAL REAL 308,866,197 N/A 308,866,197 308,866,197
F2 - INDUSTRIAL REAL 219,914,134 N/A 219,914,134 219,914,134
G - ALL MINERALS 2,105,871,759 N/A 2,105,871,759 2,105,871,759
J - ALL UTILITIES 242,970,050 N/A 242,970,050 242,970,050
L1 - COMMERCIAL PERSONAL 81,504,664 N/A 81,504,664 81,504,664
L2 - INDUSTRIAL PERSONAL 421,045,375 N/A 421,045,375 421,045,375
M1 - MOBILE HOMES 922,560 N/A 922,560 922,560
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 187,343 N/A 187,343 187,343
S - SPECIAL INVENTORY 7,941,351 N/A 7,941,351 7,941,351
Subtotal 4,590,907,014 0 4,590,907,014 4,590,907,014
Less Total Deductions 473,957,832 0 473,957,832 473,957,832
Total Taxable Value 4,116,949,182 0 4,116,949,182 4,116,949,182

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
4,174,417,090 4,116,949,182 4,120,052,607 4,062,584,699 4,223,467,090


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
57,467,908 54,364,483 49,050,000


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
4,227,759,790 4,170,291,882 4,173,395,307 4,115,927,399 4,276,809,790

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 TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

114-901-02/Big Spring ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 1,033,936,190 N/A 1,033,936,190 1,033,936,190
B - MULTIFAMILY 87,584,989 N/A 87,584,989 87,584,989
C1 - VACANT LOTS 23,463,688 N/A 23,463,688 23,463,688
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 9,177,767 N/A 9,177,767 9,177,767
D2 - FARM & RANCH IMP 121,418 N/A 121,418 121,418
E - NON-AG LAND AND IMPROVEMENTS 47,399,529 N/A 47,399,529 47,399,529
F1 - COMMERCIAL REAL 308,866,197 N/A 308,866,197 308,866,197
F2 - INDUSTRIAL REAL 219,914,134 N/A 219,914,134 219,914,134
G - ALL MINERALS 2,105,871,759 N/A 2,105,871,759 2,105,871,759
J - ALL UTILITIES 242,970,050 N/A 242,970,050 242,970,050
L1 - COMMERCIAL PERSONAL 81,504,664 N/A 81,504,664 81,504,664
L2 - INDUSTRIAL PERSONAL 421,045,375 N/A 421,045,375 421,045,375
M1 - MOBILE HOMES 922,560 N/A 922,560 922,560
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 187,343 N/A 187,343 187,343
S - SPECIAL INVENTORY 7,941,351 N/A 7,941,351 7,941,351
Subtotal 4,590,907,014 4,590,907,014 4,590,907,014
Less Total Deductions 473,957,832 473,957,832 473,957,832
Total Taxable Value 4,116,949,182 4,116,949,182 4,116,949,182

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
4,174,417,090 4,116,949,182 4,120,052,607 4,062,584,699 4,223,467,090


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
57,467,908 54,364,483 49,050,000


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
4,227,759,790 4,170,291,882 4,173,395,307 4,115,927,399 4,276,809,790

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