taxes Property Tax

School and Appraisal Districts Property Value Study 2013 Report

2013 ISD Summary Worksheet

072/Erath

072-901/Three-Way ISD


Category Local Tax Roll Value 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 1,516,030 N/A 1,516,030 1,516,030
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 37,410 N/A 37,410 37,410
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,035,700 1.1651 4,322,218 5,035,700
D2. Real Prop Farm & Ranch 729,860 N/A 729,860 729,860
E. Real Prop NonQual Acres 30,122,450 1.0493 28,707,186 30,122,450
F1. Commercial Real 852,200 N/A 852,200 852,200
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 85,710 N/A 85,710 85,710
J. Utilities 4,802,190 N/A 4,802,190 4,802,190
L1. Commercial Personal 878,770 N/A 878,770 878,770
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 696,750 N/A 696,750 696,750
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 44,757,070 42,628,324 44,757,070
Less Total Deductions 3,589,187   3,589,187 3,589,187
Total Taxable Value 41,167,883 39,039,137 41,167,883 T2

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
42,407,463 41,167,883 42,407,463 41,167,883 41,167,883 41,167,883


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,239,580 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
42,407,463 41,167,883 42,407,463 41,167,883 41,167,883 41,167,883

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

213/Somervell

072-901/Three-Way ISD


Category Local Tax Roll Value 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 1,339,940 N/A 1,339,940 1,339,940
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 323,970 N/A 323,970 323,970
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 71,160 N/A 71,160 71,160
D2. Real Prop Farm & Ranch 190,970 N/A 190,970 190,970
E. Real Prop NonQual Acres 1,856,270 N/A 1,856,270 1,856,270
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 54,670 N/A 54,670 54,670
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 0 N/A 0 0
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 3,836,980 3,836,980 3,836,980
Less Total Deductions 645,698   645,698 645,698
Total Taxable Value 3,191,282 3,191,282 3,191,282 T2

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
3,311,282 3,191,282 3,311,282 3,191,282 3,191,282 3,191,282


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
120,000 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
3,311,282 3,191,282 3,311,282 3,191,282 3,191,282 3,191,282

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

072-901/Three-Way ISD



Category Local Tax Roll Value 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 2,855,970 N/A 2,855,970 2,855,970
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 361,380 N/A 361,380 361,380
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,106,860 1.1624 4,393,378 5,106,860
D2. Real Prop Farm & Ranch 920,830 N/A 920,830 920,830
E. Real Prop NonQual Acres 31,978,720 1.0463 30,563,456 31,978,720
F1. Commercial Real 852,200 N/A 852,200 852,200
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 85,710 N/A 85,710 85,710
J. Utilities 4,856,860 N/A 4,856,860 4,856,860
L1. Commercial Personal 878,770 N/A 878,770 878,770
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 696,750 N/A 696,750 696,750
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 48,594,050 46,465,304 48,594,050
Less Total Deductions 4,234,885   4,234,885 4,234,885
Total Taxable Value 44,359,165 42,230,419 44,359,165 T2

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