taxes Property Tax

School and Appraisal Districts Property Value Study 2012 Report

2012 ISD Summary Worksheet

113/Houston

113-905/Latexo ISD


Category Local Tax Roll Value 2012 WTD Mean Ratio 2012 PTAD Value Estimate 2012 Value Assigned
A. Single-Family Residences 61,953,590 .9761 63,470,536 61,953,590
B. Multi-Family Residences 0 N/A 0 0
C. Vacant Lots 2,467,520 N/A 2,467,520 2,467,520
D. Rural Real(Taxable) 41,748,190 .9429 44,274,399 41,748,190
F1. Commercial Real 1,834,890 N/A 1,834,890 1,834,890
F2. Industrial Real 3,238,340 N/A 3,238,340 3,238,340
G. Oil, Gas, Minerals 949,390 N/A 949,390 949,390
J. Utilities 22,134,920 .9721 22,770,209 22,134,920
L1. Commercial Personal 2,004,130 N/A 2,004,130 2,004,130
L2. Industrial Personal 21,224,750 N/A 21,224,750 21,224,750
M. Other Personal 3,061,060 N/A 3,061,060 3,061,060
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 3,470 N/A 3,470 3,470
Subtotal 160,620,250 165,298,694 160,620,250
Less Total Deductions 20,156,426   20,694,198 20,156,426
Total Taxable Value 140,463,824 144,604,496 140,463,824 T2

Category D Detail Local Tax Roll Ratio PTAD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 34,724,540 .9407 36,913,511
Prod Value Qualified Acres 7,023,650 .9542 7,360,888
Taxable Value 41,748,190   44,274,399

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
147,179,584 140,463,824 147,179,584 140,463,824 140,463,824 140,463,824


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,715,760 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
147,179,584 140,463,824 147,179,584 140,463,824 140,463,824 140,463,824

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