taxes Property Tax

School and Appraisal Districts Property Value Study 2012 Report

2012 ISD Summary Worksheet

112/Hopkins

112-907/Miller Grove ISD


Category Local Tax Roll Value 2012 WTD Mean Ratio 2012 PTAD Value Estimate 2012 Value Assigned
A. Single-Family Residences 10,720,790 .9512 11,270,805 10,720,790
B. Multi-Family Residences 0 N/A 0 0
C. Vacant Lots 0 N/A 0 0
D. Rural Real(Taxable) 42,095,660 .9605 43,827,779 42,095,660
F1. Commercial Real 616,480 N/A 616,480 616,480
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 1,968,400 N/A 1,968,400 1,968,400
L1. Commercial Personal 871,640 N/A 871,640 871,640
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 1,502,110 N/A 1,502,110 1,502,110
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 57,775,080 60,057,214 57,775,080
Less Total Deductions 10,723,636   11,328,466 10,723,636
Total Taxable Value 47,051,444 48,728,748 47,051,444 T2

Category D Detail Local Tax Roll Ratio PTAD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 38,202,540 .9325 40,967,871
Prod Value Qualified Acres 3,893,120 1.3613 2,859,908
Taxable Value 42,095,660   43,827,779

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
50,874,208 47,051,444 50,874,208 47,051,444 47,725,989 47,725,989


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,822,764 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
50,874,208 47,051,444 50,874,208 47,051,444 47,725,989 47,725,989

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

190/Rains

112-907/Miller Grove ISD


Category Local Tax Roll Value 2012 WTD Mean Ratio 2012 PTAD Value Estimate 2012 Value Assigned
A. Single-Family Residences 341,479 N/A 341,479 341,479
B. Multi-Family Residences 0 N/A 0 0
C. Vacant Lots 0 N/A 0 0
D. Rural Real(Taxable) 1,726,868 N/A 1,726,868 1,726,868
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 234,653 N/A 234,653 234,653
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 38,452 N/A 38,452 38,452
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 2,341,452 2,341,452 2,341,452
Less Total Deductions 389,649   389,649 389,649
Total Taxable Value 1,951,803 1,951,803 1,951,803 T2

Category D Detail Local Tax Roll Ratio PTAD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 1,536,467 N/A 1,536,467
Prod Value Qualified Acres 190,401 N/A 190,401
Taxable Value 1,726,868   1,726,868

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
2,086,724 1,951,803 2,086,724 1,951,803 1,964,758 1,964,758


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
134,921 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
2,086,724 1,951,803 2,086,724 1,951,803 1,964,758 1,964,758

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

112-907/Miller Grove ISD



Category Local Tax Roll Value 2012 WTD Mean Ratio 2012 PTAD Value Estimate 2012 Value Assigned
A. Single-Family Residences 11,062,269 .9526 11,612,284 11,062,269
B. Multi-Family Residences 0 N/A 0 0
C. Vacant Lots 0 N/A 0 0
D. Rural Real(Taxable) 43,822,528 .9620 45,554,647 43,822,528
F1. Commercial Real 616,480 N/A 616,480 616,480
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 2,203,053 N/A 2,203,053 2,203,053
L1. Commercial Personal 871,640 N/A 871,640 871,640
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 1,540,562 N/A 1,540,562 1,540,562
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 60,116,532 62,398,666 60,116,532
Less Total Deductions 11,113,285   11,718,115 11,113,285
Total Taxable Value 49,003,247 50,680,551 49,003,247 T2

Category D Detail Local Tax Roll Ratio PTAD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 39,739,007 N/A 42,504,338
Prod Value Qualified Acres 4,083,521 1.3387 3,050,309
Taxable Value 43,822,528   45,554,647

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