taxes Property Tax

School and Appraisal Districts Property Value Study 2013 Report

2013 ISD Summary Worksheet

070/Ellis

070-911/Red Oak ISD


Category Local Tax Roll Value 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 1,050,449,384 N/A 1,050,449,384 1,050,449,384
B. Multi-Family Residences 43,763,150 N/A 43,763,150 43,763,150
C1. Vacant Lots 28,302,280 N/A 28,302,280 28,302,280
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,025,382 N/A 2,025,382 2,025,382
D2. Real Prop Farm & Ranch 330,610 N/A 330,610 330,610
E. Real Prop NonQual Acres 32,245,154 N/A 32,245,154 32,245,154
F1. Commercial Real 101,004,803 N/A 101,004,803 101,004,803
F2. Industrial Real 22,160,640 N/A 22,160,640 22,160,640
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 19,804,220 N/A 19,804,220 19,804,220
L1. Commercial Personal 35,629,233 N/A 35,629,233 35,629,233
L2. Industrial Personal 3,332,250 N/A 3,332,250 3,332,250
M. Other Personal 6,468,450 N/A 6,468,450 6,468,450
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 11,483,894 N/A 11,483,894 11,483,894
S. Special Inventory 186,960 N/A 186,960 186,960
Subtotal 1,357,186,410 1,357,186,410 1,357,186,410
Less Total Deductions 150,840,845   150,840,845 150,840,845
Total Taxable Value 1,206,345,565 1,206,345,565 1,206,345,565 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
1,266,960,641 1,206,345,565 1,266,960,641 1,206,345,565 1,206,345,565 1,206,345,565


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
60,615,076 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
1,266,960,641 1,206,345,565 1,266,960,641 1,206,345,565 1,206,345,565 1,206,345,565

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