taxes Property Tax

School and Appraisal Districts Property Value Study 2012 Report

2012 ISD Summary Worksheet

039/Clay

039-903/Petrolia ISD


Category Local Tax Roll Value 2012 WTD Mean Ratio 2012 PTAD Value Estimate 2012 Value Assigned
A. Single-Family Residences 64,664,050 1.0077 64,169,941 64,664,050
B. Multi-Family Residences 100,120 N/A 100,120 100,120
C. Vacant Lots 1,628,960 N/A 1,628,960 1,628,960
D. Rural Real(Taxable) 41,942,190 .9648 43,474,665 41,942,190
F1. Commercial Real 2,765,150 N/A 2,765,150 2,765,150
F2. Industrial Real 59,450 N/A 59,450 59,450
G. Oil, Gas, Minerals 5,882,550 N/A 5,882,550 5,882,550
J. Utilities 22,094,210 1.1016 20,056,472 22,094,210
L1. Commercial Personal 3,172,700 N/A 3,172,700 3,172,700
L2. Industrial Personal 546,260 N/A 546,260 546,260
M. Other Personal 3,988,640 N/A 3,988,640 3,988,640
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 44,510 N/A 44,510 44,510
Subtotal 146,888,790 145,889,418 146,888,790
Less Total Deductions 20,168,936   20,010,808 20,168,936
Total Taxable Value 126,719,854 125,878,610 126,719,854 T2

Category D Detail Local Tax Roll Ratio PTAD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 28,503,130 .9591 29,718,622
Prod Value Qualified Acres 13,439,060 .9770 13,756,043
Taxable Value 41,942,190   43,474,665

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
134,563,634 126,719,854 134,563,634 126,719,854 128,138,071 128,138,071


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
7,843,780 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
134,563,634 126,719,854 134,563,634 126,719,854 128,138,071 128,138,071

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