taxes Property Tax

School and Appraisal Districts Property Value Study 2012 Report

2012 ISD Summary Worksheet

107/Henderson

107-908/Murchison ISD


Category Local Tax Roll Value 2012 WTD Mean Ratio 2012 PTAD Value Estimate 2012 Value Assigned
A. Single-Family Residences 19,029,030 .9786 19,445,156 19,029,030
B. Multi-Family Residences 638,860 N/A 638,860 638,860
C. Vacant Lots 699,850 N/A 699,850 699,850
D. Rural Real(Taxable) 9,046,840 1.0497 8,618,733 9,046,840
F1. Commercial Real 2,425,500 N/A 2,425,500 2,425,500
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 7,472,748 1.0044 7,440,012 7,472,748
J. Utilities 4,803,759 1.0403 4,617,667 4,803,759
L1. Commercial Personal 896,720 N/A 896,720 896,720
L2. Industrial Personal 880,944 N/A 880,944 880,944
M. Other Personal 364,240 N/A 364,240 364,240
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 78,130 N/A 78,130 78,130
Subtotal 46,336,621 46,105,812 46,336,621
Less Total Deductions 7,267,935   7,458,608 7,267,935
Total Taxable Value 39,068,686 38,647,204 39,068,686 T2

Category D Detail Local Tax Roll Ratio PTAD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 8,432,020 1.0427 8,086,717
Prod Value Qualified Acres 614,820 1.1556 532,016
Taxable Value 9,046,840   8,618,733

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
41,251,916 39,068,686 41,251,916 39,068,686 39,489,551 39,489,551


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,183,230 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
41,251,916 39,068,686 41,251,916 39,068,686 39,489,551 39,489,551

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