taxes Property Tax

School and Appraisal Districts Property Value Study 2012 Report

2012 ISD Summary Worksheet

176/Newton

176-903/Deweyville ISD


Category Local Tax Roll Value 2012 WTD Mean Ratio 2012 PTAD Value Estimate 2012 Value Assigned
A. Single-Family Residences 58,560,112 .9857 59,409,670 58,560,112
B. Multi-Family Residences 115,714 N/A 115,714 115,714
C. Vacant Lots 5,111,486 N/A 5,111,486 5,111,486
D. Rural Real(Taxable) 45,642,042 .9761 46,761,320 45,642,042
F1. Commercial Real 5,798,913 N/A 5,798,913 5,798,913
F2. Industrial Real 374,485,790 N/A 374,485,790 374,485,790
G. Oil, Gas, Minerals 17,018,610 1.0447 16,290,428 17,018,610
J. Utilities 55,151,116 .9612 57,377,357 55,151,116
L1. Commercial Personal 2,324,503 N/A 2,324,503 2,324,503
L2. Industrial Personal 30,379,150 N/A 30,379,150 30,379,150
M. Other Personal 9,015,795 N/A 9,015,795 9,015,795
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 24,000 N/A 24,000 24,000
S. Special Inventory 0 N/A 0 0
Subtotal 603,627,231 607,094,126 603,627,231
Less Total Deductions 78,566,929   78,992,685 78,566,929
Total Taxable Value 525,060,302 528,101,441 525,060,302 T2

Category D Detail Local Tax Roll Ratio PTAD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 29,029,304 .9570 30,333,651
Prod Value Qualified Acres 16,612,738 1.0113 16,427,669
Taxable Value 45,642,042   46,761,320

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
535,159,480 525,060,302 528,229,375 518,130,197 525,060,302 518,130,197


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
10,099,178 6,930,105


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
535,159,480 525,060,302 528,229,375 518,130,197 525,060,302 518,130,197

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