taxes Property Tax Assistance

2022 ISD Summary Worksheet

112-Hopkins /Hopkins County

112-905/Cumby ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 38,097,760 0.7671 49,664,659 49,664,659
B - MULTIFAMILY 44,860 N/A 44,860 44,860
C1 - VACANT LOTS 187,420 N/A 187,420 187,420
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,537,070 1.1941 3,799,569 3,799,569
D2 - FARM & RANCH IMP 582,820 N/A 582,820 582,820
E - NON-AG LAND AND IMPROVEMENTS 68,918,960 0.8836 77,997,918 77,997,918
F1 - COMMERCIAL REAL 5,416,470 N/A 5,416,470 5,416,470
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 12,863,659 0.9616 13,377,349 13,377,349
L1 - COMMERCIAL PERSONAL 2,549,056 N/A 2,549,056 2,549,056
L2 - INDUSTRIAL PERSONAL 164,846 N/A 164,846 164,846
M1 - MOBILE HOMES 3,466,500 N/A 3,466,500 3,466,500
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 113,635 N/A 113,635 113,635
Subtotal 136,943,056 0 157,365,102 157,365,102
Less Total Deductions 41,110,229 0 52,343,779 52,343,779
Total Taxable Value 95,832,827 0 105,021,323 105,021,323

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
111,255,203 105,021,323 111,255,203 105,021,323 116,865,203


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
6,233,880 0 5,610,000


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
111,255,203 105,021,323 111,255,203 105,021,323 116,865,203

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 TAXABLE VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR LOCAL VALUE DID NOT EXCEED THE STATE VALUE AND: 1) WAS INVALID IN ONE OR MORE OF THE PREVIOUS TWO YEARS OR 2) IS LESS THAN 90% OF THE LOWER END OF THE MARGIN OF ERROR RANGE OR 3) THE APPRAISAL DISTRICT THAT APPRAISES PROPERTY FOR THE SCHOOL DISTRICT WAS NOT IN COMPLIANCE WITH THE SCORING REQUIREMENT OF THE COMPTROLLER'S MOST RECENT REVIEW OF THE APPRAISAL DISTRICT CONDUCTED UNDER SECTION 5.102, TAX CODE (MAP REVIEW)

116-Hunt /Hunt County

112-905/Cumby ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 3,006,430 N/A 3,006,430 3,006,430
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 255,210 N/A 255,210 255,210
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 558,640 N/A 558,640 558,640
D2 - FARM & RANCH IMP 1,292,269 N/A 1,292,269 1,292,269
E - NON-AG LAND AND IMPROVEMENTS 15,866,006 N/A 15,866,006 15,866,006
F1 - COMMERCIAL REAL 342,230 N/A 342,230 342,230
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 1,962,200 N/A 1,962,200 1,962,200
L1 - COMMERCIAL PERSONAL 15,070 N/A 15,070 15,070
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 192,360 N/A 192,360 192,360
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 23,490,415 0 23,490,415 23,490,415
Less Total Deductions 6,102,154 0 6,102,154 6,102,154
Total Taxable Value 17,388,261 0 17,388,261 17,388,261

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
17,864,273 17,388,261 17,864,273 17,388,261 18,574,273


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
476,012 0 710,000


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
17,864,273 17,388,261 17,864,273 17,388,261 18,574,273

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

112-905-02/Cumby ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 41,104,190 0.7804 52,671,089 52,671,089
B - MULTIFAMILY 44,860 N/A 44,860 44,860
C1 - VACANT LOTS 442,630 N/A 442,630 442,630
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,095,710 1.1692 4,358,209 4,358,209
D2 - FARM & RANCH IMP 1,875,089 N/A 1,875,089 1,875,089
E - NON-AG LAND AND IMPROVEMENTS 84,784,966 0.9033 93,863,924 93,863,924
F1 - COMMERCIAL REAL 5,758,700 N/A 5,758,700 5,758,700
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 14,825,859 0.9665 15,339,549 15,339,549
L1 - COMMERCIAL PERSONAL 2,564,126 N/A 2,564,126 2,564,126
L2 - INDUSTRIAL PERSONAL 164,846 N/A 164,846 164,846
M1 - MOBILE HOMES 3,658,860 N/A 3,658,860 3,658,860
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 113,635 N/A 113,635 113,635
Subtotal 160,433,471 180,855,517 180,855,517
Less Total Deductions 47,212,383 58,445,933 58,445,933
Total Taxable Value 113,221,088 122,409,584 122,409,584

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
129,119,476 122,409,584 129,119,476 122,409,584 135,439,476


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
6,709,892 0 6,320,000


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
129,119,476 122,409,584 129,119,476 122,409,584 135,439,476

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