taxes Property Tax

School and Appraisal Districts Property Value Study 2012 Report

2012 ISD Summary Worksheet

219/Swisher

219-903/Tulia ISD


Category Local Tax Roll Value 2012 WTD Mean Ratio 2012 PTAD Value Estimate 2012 Value Assigned
A. Single-Family Residences 62,651,162 N/A 62,651,162 62,651,162
B. Multi-Family Residences 583,460 N/A 583,460 583,460
C. Vacant Lots 772,393 N/A 772,393 772,393
D. Rural Real(Taxable) 53,501,295 N/A 53,501,295 53,501,295
F1. Commercial Real 10,718,710 N/A 10,718,710 10,718,710
F2. Industrial Real 7,548,530 N/A 7,548,530 7,548,530
G. Oil, Gas, Minerals 6,375 N/A 6,375 6,375
J. Utilities 18,001,280 N/A 18,001,280 18,001,280
L1. Commercial Personal 9,919,670 N/A 9,919,670 9,919,670
L2. Industrial Personal 8,745,760 N/A 8,745,760 8,745,760
M. Other Personal 191,050 N/A 191,050 191,050
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 587,880 N/A 587,880 587,880
Subtotal 173,227,565 173,227,565 173,227,565
Less Total Deductions 26,677,521   26,677,521 26,677,521
Total Taxable Value 146,550,044 146,550,044 146,550,044 T2

Category D Detail Local Tax Roll Ratio PTAD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 20,138,911 N/A 20,138,911
Prod Value Qualified Acres 33,362,384 N/A 33,362,384
Taxable Value 53,501,295   53,501,295

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
156,905,582 146,550,044 156,905,582 146,550,044 147,640,303 147,640,303


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
10,355,538 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
156,905,582 146,550,044 156,905,582 146,550,044 147,640,303 147,640,303

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