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2012 ISD Summary Worksheet

202/Sabine

202-903/Hemphill ISD


Category Local Tax Roll Value 2012 WTD Mean Ratio 2012 PTAD Value Estimate 2012 Value Assigned
A. Single-Family Residences 283,116,448 .9388 301,572,697 301,572,697
B. Multi-Family Residences 443,240 N/A 443,240 443,240
C. Vacant Lots 26,151,773 .8660 30,198,352 30,198,352
D. Rural Real(Taxable) 58,692,558 .8388 69,975,444 69,975,444
F1. Commercial Real 24,934,200 .6397 38,977,958 38,977,958
F2. Industrial Real 126,430 N/A 126,430 126,430
G. Oil, Gas, Minerals 20,449,138 N/A 20,449,138 20,449,138
J. Utilities 35,849,405 .9496 37,752,111 37,752,111
L1. Commercial Personal 9,353,464 N/A 9,353,464 9,353,464
L2. Industrial Personal 13,111,410 N/A 13,111,410 13,111,410
M. Other Personal 8,205,670 N/A 8,205,670 8,205,670
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 480,433,736 530,165,914 530,165,914
Less Total Deductions 77,449,093   84,118,452 84,118,452
Total Taxable Value 402,984,643 446,047,462 446,047,462 T2

Category D Detail Local Tax Roll Ratio PTAD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 38,750,458 .7964 48,657,029
Prod Value Qualified Acres 19,942,100 .9354 21,318,415
Taxable Value 58,692,558   69,975,444

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 T6 will be the same as T7 through T12.

Value Taxable For M&O Purposes

T1 T2 T3 T4 T5 T6
470,816,398 446,047,462 470,816,398 446,047,462 446,047,462 446,047,462


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
24,768,936 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

T5 = T2 before the loss to the tax ceiling reduction

T6 = T5 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10 T11 T12
470,816,398 446,047,462 470,816,398 446,047,462 446,047,462 446,047,462

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

T11 = T8 before the loss to the tax ceiling reduction

T12 = T11 minus 50% of the loss to the local optional percentage homestead exemption

The PVS found your taxable value to be invalid, and state value was certified because your local value:

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)

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