taxes Property Tax Assistance

2023 ISD Summary Worksheet

177-Nolan/Nolan County

177-905/Highland ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 1,396,620 N/A 1,396,620 1,396,620
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 48,920 N/A 48,920 48,920
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 9,192,199 N/A 9,192,199 9,192,199
D2 - FARM & RANCH IMP 2,178,690 N/A 2,178,690 2,178,690
E - NON-AG LAND AND IMPROVEMENTS 31,921,480 N/A 31,921,480 31,921,480
F1 - COMMERCIAL REAL 797,940 N/A 797,940 797,940
F2 - INDUSTRIAL REAL 224,942,220 N/A 224,942,220 224,942,220
G - ALL MINERALS 27,508,520 N/A 27,508,520 27,508,520
J - ALL UTILITIES 135,466,470 N/A 135,466,470 135,466,470
L1 - COMMERCIAL PERSONAL 439,295 N/A 439,295 439,295
L2 - INDUSTRIAL PERSONAL 480,120,880 N/A 480,120,880 480,120,880
M1 - MOBILE HOMES 456,270 N/A 456,270 456,270
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 914,469,504 0 914,469,504 914,469,504
Less Total Deductions 491,948,829 0 491,948,829 491,948,829
Total Taxable Value 422,520,675 0 422,520,675 422,520,675

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

Measure Value Description
T1 427,613,155 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 422,520,675 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 427,613,155 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 422,520,675 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 429,263,155 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 430,363,155 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 423,955,108 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 879,997,185 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 874,904,705 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 879,997,185 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 874,904,705 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 881,647,185 T13 plus the loss to the chapter 313 agreement
T16 882,747,185 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 876,339,138 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 5,092,480 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 1,650,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 1,100,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

177-905-02/Highland ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 1,396,620 N/A 1,396,620 1,396,620
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 48,920 N/A 48,920 48,920
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 9,192,199 N/A 9,192,199 9,192,199
D2 - FARM & RANCH IMP 2,178,690 N/A 2,178,690 2,178,690
E - NON-AG LAND AND IMPROVEMENTS 31,921,480 N/A 31,921,480 31,921,480
F1 - COMMERCIAL REAL 797,940 N/A 797,940 797,940
F2 - INDUSTRIAL REAL 224,942,220 N/A 224,942,220 224,942,220
G - ALL MINERALS 27,508,520 N/A 27,508,520 27,508,520
J - ALL UTILITIES 135,466,470 N/A 135,466,470 135,466,470
L1 - COMMERCIAL PERSONAL 439,295 N/A 439,295 439,295
L2 - INDUSTRIAL PERSONAL 480,120,880 N/A 480,120,880 480,120,880
M1 - MOBILE HOMES 456,270 N/A 456,270 456,270
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 914,469,504 914,469,504 914,469,504
Less Total Deductions 491,948,829 491,948,829 491,948,829
Total Taxable Value 422,520,675 422,520,675 422,520,675

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

Measure Value Description
T1 427,613,155 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 422,520,675 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 427,613,155 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 422,520,675 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 429,263,155 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 430,363,155 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 423,955,108 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 879,997,185 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 874,904,705 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 879,997,185 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 874,904,705 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 881,647,185 T13 plus the loss to the chapter 313 agreement
T16 882,747,185 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 876,339,138 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 5,092,480 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 1,650,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 1,100,000 Loss to Second Previous Homestead Increase