taxes Property Tax

School and Appraisal Districts Property Value Study 2013 Report

2013 ISD Summary Worksheet

135/King

135-001/Guthrie ISD


Category Local Tax Roll Value 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 1,462,610 N/A 1,462,610 1,462,610
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 181,700 N/A 181,700 181,700
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 17,872,140 1.3429 13,308,225 17,872,140
D2. Real Prop Farm & Ranch 194,100 N/A 194,100 194,100
E. Real Prop NonQual Acres 8,168,470 .9951 8,208,693 8,168,470
F1. Commercial Real 129,690 N/A 129,690 129,690
F2. Industrial Real 18,220 N/A 18,220 18,220
G. Oil, Gas, Minerals 250,327,870 1.0290 243,272,954 250,327,870
J. Utilities 6,260,470 N/A 6,260,470 6,260,470
L1. Commercial Personal 1,861,330 N/A 1,861,330 1,861,330
L2. Industrial Personal 445,630 N/A 445,630 445,630
M. Other Personal 143,320 N/A 143,320 143,320
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 287,065,550 275,486,942 287,065,550
Less Total Deductions 883,536   883,536 883,536
Total Taxable Value 286,182,014 274,603,406 286,182,014 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
286,469,224 286,182,014 286,337,304 286,050,094 286,182,244 286,050,324


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
287,210 131,920


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
286,469,224 286,182,014 286,337,304 286,050,094 286,182,244 286,050,324

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