taxes Property Tax

School and Appraisal Districts Property Value Study 2013 Report

2013 ISD Summary Worksheet

168/Mitchell

168-903/Westbrook ISD


Category Local Tax Roll Value 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 33,124,990 .9081 36,477,249 33,124,990
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 970,010 N/A 970,010 970,010
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 10,784,530 .9921 10,870,473 10,784,530
D2. Real Prop Farm & Ranch 920,460 N/A 920,460 920,460
E. Real Prop NonQual Acres 14,679,770 N/A 14,679,770 14,679,770
F1. Commercial Real 2,318,240 N/A 2,318,240 2,318,240
F2. Industrial Real 49,890 N/A 49,890 49,890
G. Oil, Gas, Minerals 667,453,500 1.0117 659,734,605 667,453,500
J. Utilities 27,038,790 N/A 27,038,790 27,038,790
L1. Commercial Personal 1,636,390 N/A 1,636,390 1,636,390
L2. Industrial Personal 3,481,830 N/A 3,481,830 3,481,830
M. Other Personal 1,335,870 N/A 1,335,870 1,335,870
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 763,794,270 759,513,577 763,794,270
Less Total Deductions 8,435,450   9,300,304 8,435,450
Total Taxable Value 755,358,820 750,213,273 755,358,820 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
757,479,270 755,358,820 757,479,270 755,358,820 755,683,220 755,683,220


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,120,450 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
757,479,270 755,358,820 757,479,270 755,358,820 755,683,220 755,683,220

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