taxes Property Tax

School and Appraisal Districts Property Value Study 2012 Report

2012 ISD Summary Worksheet

075/Fayette

075-908/Round Top-Carmine ISD


Category Local Tax Roll Value 2012 WTD Mean Ratio 2012 PTAD Value Estimate 2012 Value Assigned
A. Single-Family Residences 57,490,549 .9460 60,772,251 57,490,549
B. Multi-Family Residences 0 N/A 0 0
C. Vacant Lots 3,526,950 N/A 3,526,950 3,526,950
D. Rural Real(Taxable) 165,756,723 1.0647 155,679,151 165,756,723
F1. Commercial Real 22,707,790 .9161 24,787,458 22,707,790
F2. Industrial Real 819,370 N/A 819,370 819,370
G. Oil, Gas, Minerals 84,000,390 1.0010 83,916,474 84,000,390
J. Utilities 29,029,910 .7609 38,152,070 29,029,910
L1. Commercial Personal 2,672,980 N/A 2,672,980 2,672,980
L2. Industrial Personal 3,835,570 N/A 3,835,570 3,835,570
M. Other Personal 1,432,830 N/A 1,432,830 1,432,830
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 371,273,062 375,595,104 371,273,062
Less Total Deductions 32,430,215   34,829,626 32,430,215
Total Taxable Value 338,842,847 340,765,478 338,842,847 T2

Category D Detail Local Tax Roll Ratio PTAD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 160,012,087 1.0855 147,408,648
Prod Value Qualified Acres 5,744,636 .6946 8,270,503
Taxable Value 165,756,723   155,679,151

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
345,195,357 338,842,847 336,139,963 329,787,453 341,079,441 332,024,047


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,352,510 9,055,394


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
345,195,357 338,842,847 336,139,963 329,787,453 341,079,441 332,024,047

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 local value to be valid, and local value was certified