taxes Property Tax

School and Appraisal Districts Property Value Study 2013 Report

2013 ISD Summary Worksheet

111/Hood

111-903/Tolar ISD


Category Local Tax Roll Value 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 40,315,790 N/A 40,315,790 40,315,790
B. Multi-Family Residences 998,290 N/A 998,290 998,290
C1. Vacant Lots 2,243,280 N/A 2,243,280 2,243,280
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,304,241 N/A 6,304,241 6,304,241
D2. Real Prop Farm & Ranch 3,209,020 N/A 3,209,020 3,209,020
E. Real Prop NonQual Acres 72,807,310 N/A 72,807,310 72,807,310
F1. Commercial Real 7,753,890 N/A 7,753,890 7,753,890
F2. Industrial Real 24,289,950 N/A 24,289,950 24,289,950
G. Oil, Gas, Minerals 2,064,090 N/A 2,064,090 2,064,090
J. Utilities 41,901,890 N/A 41,901,890 41,901,890
L1. Commercial Personal 8,444,060 N/A 8,444,060 8,444,060
L2. Industrial Personal 11,740,050 N/A 11,740,050 11,740,050
M. Other Personal 1,934,250 N/A 1,934,250 1,934,250
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 680,500 N/A 680,500 680,500
S. Special Inventory 50,000 N/A 50,000 50,000
Subtotal 224,736,611 224,736,611 224,736,611
Less Total Deductions 17,928,980   17,928,980 17,928,980
Total Taxable Value 206,807,631 206,807,631 206,807,631 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
212,080,701 206,807,631 212,080,701 206,807,631 208,313,018 208,313,018


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,273,070 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
212,080,701 206,807,631 212,080,701 206,807,631 208,313,018 208,313,018

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