taxes Property Tax

School and Appraisal Districts Property Value Study 2013 Report

2013 ISD Summary Worksheet

072/Erath

072-903/Stephenville ISD


Category Local Tax Roll Value 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 573,047,290 .9497 603,398,220 573,047,290
B. Multi-Family Residences 79,382,030 .9412 84,341,298 79,382,030
C1. Vacant Lots 11,740,260 N/A 11,740,260 11,740,260
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 14,957,000 1.2328 12,132,195 14,957,000
D2. Real Prop Farm & Ranch 6,845,440 N/A 6,845,440 6,845,440
E. Real Prop NonQual Acres 215,063,470 .9184 234,171,897 215,063,470
F1. Commercial Real 231,907,110 .9589 241,847,023 231,907,110
F2. Industrial Real 57,685,020 N/A 57,685,020 57,685,020
G. Oil, Gas, Minerals 2,711,010 N/A 2,711,010 2,711,010
J. Utilities 50,222,850 N/A 50,222,850 50,222,850
L1. Commercial Personal 97,439,790 1.0104 96,436,847 97,439,790
L2. Industrial Personal 331,532,610 N/A 331,532,610 331,532,610
M. Other Personal 8,507,950 N/A 8,507,950 8,507,950
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 2,583,370 N/A 2,583,370 2,583,370
S. Special Inventory 6,742,880 N/A 6,742,880 6,742,880
Subtotal 1,690,368,080 1,750,898,870 1,690,368,080
Less Total Deductions 290,864,426   300,624,727 290,864,426
Total Taxable Value 1,399,503,654 1,450,274,143 1,399,503,654 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
1,442,792,572 1,399,503,654 1,442,792,572 1,399,503,654 1,399,503,654 1,399,503,654


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
43,288,918 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
1,442,792,572 1,399,503,654 1,442,792,572 1,399,503,654 1,399,503,654 1,399,503,654

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