taxes Property Tax

School and Appraisal Districts Property Value Study 2012 Report

2012 ISD Summary Worksheet

154/Madison

154-903/North Zulch ISD


Category Local Tax Roll Value 2012 WTD Mean Ratio 2012 PTAD Value Estimate 2012 Value Assigned
A. Single-Family Residences 16,685,000 1.0058 16,588,785 16,685,000
B. Multi-Family Residences 0 N/A 0 0
C. Vacant Lots 3,335,948 N/A 3,335,948 3,335,948
D. Rural Real(Taxable) 45,135,518 .9767 46,212,657 45,135,518
F1. Commercial Real 2,091,570 N/A 2,091,570 2,091,570
F2. Industrial Real 1,033,170 N/A 1,033,170 1,033,170
G. Oil, Gas, Minerals 266,606,027 1.0447 255,198,647 266,606,027
J. Utilities 16,732,730 .9410 17,781,860 16,732,730
L1. Commercial Personal 3,887,340 N/A 3,887,340 3,887,340
L2. Industrial Personal 9,310,950 N/A 9,310,950 9,310,950
M. Other Personal 2,555,490 N/A 2,555,490 2,555,490
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 367,373,743 357,996,417 367,373,743
Less Total Deductions 14,410,140   14,324,860 14,410,140
Total Taxable Value 352,963,603 343,671,557 352,963,603 T2

Category D Detail Local Tax Roll Ratio PTAD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 42,165,901 .9766 43,176,225
Prod Value Qualified Acres 2,969,617 .9780 3,036,432
Taxable Value 45,135,518   46,212,657

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
357,241,058 352,963,603 357,241,058 352,963,603 353,037,634 353,037,634


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,277,455 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
357,241,058 352,963,603 357,241,058 352,963,603 353,037,634 353,037,634

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