taxes Property Tax

School and Appraisal Districts Property Value Study 2011 Report, Property Value Study

2011 ISD Summary Worksheet

059/Deaf Smith

180-903/Adrian ISD


Category Local Tax Roll Value 2011 WTD Mean Ratio 2011 PTD Value Estimate 2011 Value Assigned
A. Single-Family Residences 1,287,400 1.0450 1,231,962 1,231,962
B. Multi-Family Residences 0 N/A 0 0
C. Vacant Lots 4,300 N/A 4,300 4,300
D. Rural Real(Taxable) 19,776,006 .8019 24,660,675 24,660,675
F1. Commercial Real 1,500 N/A 1,500 1,500
F2. Industrial Real 50,600 N/A 50,600 50,600
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 897,100 N/A 897,100 897,100
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 0 N/A 0 0
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 22,016,906 26,846,137 26,846,137
Less Total Deductions 1,028,994   973,549 973,549
Total Taxable Value 20,987,912 25,872,588 25,872,588 T2

Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 2,620,498 .9990 2,623,121
Prod Value Qualified Acres 17,155,508 .7785 22,037,554
Taxable Value 19,776,006   24,660,675

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 T6 will be the same as T7 through T12.

Value Taxable For M&O Purposes

T1 T2 T3 T4 T5 T6
26,052,588 25,872,588 26,052,588 25,872,588 25,872,588 25,872,588


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
180,000 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
26,052,588 25,872,588 26,052,588 25,872,588 25,872,588 25,872,588

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

180/Oldham

180-903/Adrian ISD


Category Local Tax Roll Value 2011 WTD Mean Ratio 2011 PTD Value Estimate 2011 Value Assigned
A. Single-Family Residences 3,720,450 .9822 3,787,874 3,787,874
B. Multi-Family Residences 0 N/A 0 0
C. Vacant Lots 89,240 N/A 89,240 89,240
D. Rural Real(Taxable) 15,603,290 .8736 17,861,580 17,861,580
F1. Commercial Real 506,080 N/A 506,080 506,080
F2. Industrial Real 309,490 N/A 309,490 309,490
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 3,075,950 1.0817 2,843,626 2,843,626
L1. Commercial Personal 840,668 N/A 840,668 840,668
L2. Industrial Personal 16,120 N/A 16,120 16,120
M. Other Personal 69,670 N/A 69,670 69,670
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 24,230,958 26,324,348 26,324,348
Less Total Deductions 2,211,602   2,254,230 2,254,230
Total Taxable Value 22,019,356 24,070,118 24,070,118 T2

Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 3,259,950 .9662 3,373,991
Prod Value Qualified Acres 12,343,340 .8520 14,487,589
Taxable Value 15,603,290   17,861,580

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
24,647,420 24,070,118 24,647,420 24,070,118 24,070,118 24,070,118


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
577,302 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
24,647,420 24,070,118 24,647,420 24,070,118 24,070,118 24,070,118

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

180-903/Adrian ISD



Category Local Tax Roll Value 2011 WTD Mean Ratio 2011 PTD Value Estimate 2011 Value Assigned
A. Single-Family Residences 5,007,850 .9976 5,019,836 5,019,836
B. Multi-Family Residences 0 N/A 0 0
C. Vacant Lots 93,540 N/A 93,540 93,540
D. Rural Real(Taxable) 35,379,296 .8320 42,522,255 42,522,255
F1. Commercial Real 507,580 N/A 507,580 507,580
F2. Industrial Real 360,090 N/A 360,090 360,090
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 3,973,050 1.0621 3,740,726 3,740,726
L1. Commercial Personal 840,668 N/A 840,668 840,668
L2. Industrial Personal 16,120 N/A 16,120 16,120
M. Other Personal 69,670 N/A 69,670 69,670
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 46,247,864 53,170,485 53,170,485
Less Total Deductions 3,240,596   3,227,779 3,227,779
Total Taxable Value 43,007,268 49,942,706 49,942,706 T2

Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 5,880,448 .9805 5,997,112
Prod Value Qualified Acres 29,498,848 .8076 36,525,143
Taxable Value 35,379,296   42,522,255

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