taxes Property Tax

School and Appraisal Districts Property Value Study 2013 Report

2013 ISD Summary Worksheet

127/Jones

221-904/Merkel ISD


Category Local Tax Roll Value 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 227,920 N/A 227,920 227,920
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 61,350 N/A 61,350 61,350
C2. Colonia Lots 28,850 N/A 28,850 28,850
D1. Rural Real(Taxable) 5,178,410 N/A 5,178,410 5,178,410
D2. Real Prop Farm & Ranch 561,000 N/A 561,000 561,000
E. Real Prop NonQual Acres 24,528,480 N/A 24,528,480 24,528,480
F1. Commercial Real 168,860 N/A 168,860 168,860
F2. Industrial Real 111,880 N/A 111,880 111,880
G. Oil, Gas, Minerals 15,145,320 N/A 15,145,320 15,145,320
J. Utilities 3,956,300 N/A 3,956,300 3,956,300
L1. Commercial Personal 488,560 N/A 488,560 488,560
L2. Industrial Personal 2,657,610 N/A 2,657,610 2,657,610
M. Other Personal 618,860 N/A 618,860 618,860
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 53,733,400 53,733,400 53,733,400
Less Total Deductions 7,349,762   7,349,762 7,349,762
Total Taxable Value 46,383,638 46,383,638 46,383,638 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
48,336,868 46,383,638 48,336,868 46,383,638 46,673,211 46,673,211


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,953,230 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
48,336,868 46,383,638 48,336,868 46,383,638 46,673,211 46,673,211

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

221/Taylor

221-904/Merkel ISD


Category Local Tax Roll Value 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 77,472,003 .9456 81,928,937 77,472,003
B. Multi-Family Residences 845,612 N/A 845,612 845,612
C1. Vacant Lots 5,162,096 N/A 5,162,096 5,162,096
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 10,019,506 .9913 10,107,089 10,019,506
D2. Real Prop Farm & Ranch 1,018,644 N/A 1,018,644 1,018,644
E. Real Prop NonQual Acres 32,862,497 .9175 35,817,435 32,862,497
F1. Commercial Real 34,101,424 .9768 34,911,368 34,101,424
F2. Industrial Real 84,166,926 N/A 84,166,926 84,166,926
G. Oil, Gas, Minerals 8,386,435 N/A 8,386,435 8,386,435
J. Utilities 35,731,863 .9634 37,089,333 35,731,863
L1. Commercial Personal 46,065,293 .9886 46,596,493 46,065,293
L2. Industrial Personal 15,399,857 N/A 15,399,857 15,399,857
M. Other Personal 7,114,445 N/A 7,114,445 7,114,445
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 32,725 N/A 32,725 32,725
S. Special Inventory 685,410 N/A 685,410 685,410
Subtotal 359,064,736 369,262,805 359,064,736
Less Total Deductions 29,304,511   30,838,452 29,304,511
Total Taxable Value 329,760,225 338,424,353 329,760,225 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
342,395,124 329,760,225 342,395,124 329,760,225 329,760,225 329,760,225


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
12,634,899 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
342,395,124 329,760,225 342,395,124 329,760,225 329,760,225 329,760,225

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

221-904/Merkel ISD



Category Local Tax Roll Value 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 77,699,923 .9458 82,156,857 77,699,923
B. Multi-Family Residences 845,612 N/A 845,612 845,612
C1. Vacant Lots 5,223,446 N/A 5,223,446 5,223,446
C2. Colonia Lots 28,850 N/A 28,850 28,850
D1. Rural Real(Taxable) 15,197,916 .9943 15,285,499 15,197,916
D2. Real Prop Farm & Ranch 1,579,644 N/A 1,579,644 1,579,644
E. Real Prop NonQual Acres 57,390,977 .9510 60,345,915 57,390,977
F1. Commercial Real 34,270,284 .9769 35,080,228 34,270,284
F2. Industrial Real 84,278,806 N/A 84,278,806 84,278,806
G. Oil, Gas, Minerals 23,531,755 N/A 23,531,755 23,531,755
J. Utilities 39,688,163 .9669 41,045,633 39,688,163
L1. Commercial Personal 46,553,853 .9887 47,085,053 46,553,853
L2. Industrial Personal 18,057,467 N/A 18,057,467 18,057,467
M. Other Personal 7,733,305 N/A 7,733,305 7,733,305
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 32,725 N/A 32,725 32,725
S. Special Inventory 685,410 N/A 685,410 685,410
Subtotal 412,798,136 422,996,205 412,798,136
Less Total Deductions 36,654,273   38,188,214 36,654,273
Total Taxable Value 376,143,863 384,807,991 376,143,863 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