taxes Property Tax

School and Appraisal Districts Property Value Study 2012 Report

2012 ISD Summary Worksheet

188/Potter

191-901/Canyon ISD


Category Local Tax Roll Value 2012 WTD Mean Ratio 2012 PTAD Value Estimate 2012 Value Assigned
A. Single-Family Residences 2,581,186,135 N/A 2,581,186,135 2,581,186,135
B. Multi-Family Residences 95,703,800 N/A 95,703,800 95,703,800
C. Vacant Lots 101,777,800 N/A 101,777,800 101,777,800
D. Rural Real(Taxable) 76,240,993 N/A 76,240,993 76,240,993
F1. Commercial Real 329,132,929 N/A 329,132,929 329,132,929
F2. Industrial Real 12,745,091 N/A 12,745,091 12,745,091
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 101,152,035 N/A 101,152,035 101,152,035
L1. Commercial Personal 296,852,980 N/A 296,852,980 296,852,980
L2. Industrial Personal 101,347,170 N/A 101,347,170 101,347,170
M. Other Personal 39,243,993 N/A 39,243,993 39,243,993
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 7,611,952 N/A 7,611,952 7,611,952
S. Special Inventory 20,422,106 N/A 20,422,106 20,422,106
Subtotal 3,763,416,984 3,763,416,984 3,763,416,984
Less Total Deductions 424,994,539   424,994,539 424,994,539
Total Taxable Value 3,338,422,445 3,338,422,445 3,338,422,445 T2

Category D Detail Local Tax Roll Ratio PTAD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 34,678,676 N/A 34,678,676
Prod Value Qualified Acres 41,562,317 N/A 41,562,317
Taxable Value 76,240,993   76,240,993

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
3,461,720,022 3,338,422,445 3,461,720,022 3,338,422,445 3,481,876,358 3,481,876,358


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
123,297,577 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
3,461,720,022 3,338,422,445 3,461,720,022 3,338,422,445 3,481,876,358 3,481,876,358

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