taxes Property Tax

School and Appraisal Districts Property Value Study 2013 Report

2013 ISD Summary Worksheet

095/Hale

095-902/Cotton Center ISD


Category Local Tax Roll Value 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 2,667,132 N/A 2,667,132 2,667,132
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 31,405 N/A 31,405 31,405
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 33,957,275 N/A 33,957,275 33,957,275
D2. Real Prop Farm & Ranch 0 N/A 0 0
E. Real Prop NonQual Acres 8,408,597 N/A 8,408,597 8,408,597
F1. Commercial Real 331,782 N/A 331,782 331,782
F2. Industrial Real 701,036 N/A 701,036 701,036
G. Oil, Gas, Minerals 14,160 N/A 14,160 14,160
J. Utilities 2,611,338 N/A 2,611,338 2,611,338
L1. Commercial Personal 1,731,198 N/A 1,731,198 1,731,198
L2. Industrial Personal 518,071 N/A 518,071 518,071
M. Other Personal 69,624 N/A 69,624 69,624
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 51,041,618 51,041,618 51,041,618
Less Total Deductions 2,148,325   2,148,325 2,148,325
Total Taxable Value 48,893,293 48,893,293 48,893,293 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
49,469,319 48,893,293 49,469,319 48,893,293 49,011,327 49,011,327


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
576,026 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
49,469,319 48,893,293 49,469,319 48,893,293 49,011,327 49,011,327

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