taxes Property Tax

School and Appraisal Districts Property Value Study 2012 Report

2012 ISD Summary Worksheet

224/Throckmorton

224-901/Throckmorton ISD


Category Local Tax Roll Value 2012 WTD Mean Ratio 2012 PTAD Value Estimate 2012 Value Assigned
A. Single-Family Residences 14,075,270 .9524 14,778,738 14,075,270
B. Multi-Family Residences 0 N/A 0 0
C. Vacant Lots 265,440 N/A 265,440 265,440
D. Rural Real(Taxable) 34,406,010 .9851 34,927,779 34,406,010
F1. Commercial Real 3,071,340 N/A 3,071,340 3,071,340
F2. Industrial Real 247,630 N/A 247,630 247,630
G. Oil, Gas, Minerals 76,833,100 .9765 78,682,130 76,833,100
J. Utilities 12,343,690 .9793 12,604,605 12,343,690
L1. Commercial Personal 1,424,211 N/A 1,424,211 1,424,211
L2. Industrial Personal 1,648,524 N/A 1,648,524 1,648,524
M. Other Personal 177,720 N/A 177,720 177,720
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 144,492,935 147,828,117 144,492,935
Less Total Deductions 7,664,149   8,009,634 7,664,149
Total Taxable Value 136,828,786 139,818,483 136,828,786 T2

Category D Detail Local Tax Roll Ratio PTAD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 12,196,530 .9326 13,077,986
Prod Value Qualified Acres 22,209,480 1.0165 21,849,793
Taxable Value 34,406,010   34,927,779

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
140,128,456 136,828,786 140,128,456 136,828,786 136,828,786 136,828,786


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,299,670 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
140,128,456 136,828,786 140,128,456 136,828,786 136,828,786 136,828,786

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