taxes Property Tax

School and Appraisal Districts Property Value Study 2013 Report

2013 ISD Summary Worksheet

251/Yoakum

251-902/Plains ISD


Category Local Tax Roll Value 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 29,737,025 .9064 32,807,839 29,737,025
B. Multi-Family Residences 124,632 N/A 124,632 124,632
C1. Vacant Lots 643,343 N/A 643,343 643,343
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 55,501,628 .7624 72,802,803 55,501,628
D2. Real Prop Farm & Ranch 1,655,044 N/A 1,655,044 1,655,044
E. Real Prop NonQual Acres 22,408,179 N/A 22,408,179 22,408,179
F1. Commercial Real 6,375,737 N/A 6,375,737 6,375,737
F2. Industrial Real 894,833 N/A 894,833 894,833
G. Oil, Gas, Minerals 941,567,728 1.0011 940,533,142 941,567,728
J. Utilities 56,129,189 N/A 56,129,189 56,129,189
L1. Commercial Personal 4,905,281 N/A 4,905,281 4,905,281
L2. Industrial Personal 22,307,393 N/A 22,307,393 22,307,393
M. Other Personal 253,941 N/A 253,941 253,941
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 1,142,503,953 1,161,841,356 1,142,503,953
Less Total Deductions 15,936,897   17,224,969 15,936,897
Total Taxable Value 1,126,567,056 1,144,616,387 1,126,567,056 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
1,130,860,460 1,126,567,056 1,127,776,582 1,123,483,178 1,126,716,524 1,123,632,646


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,293,404 3,083,878


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
1,130,860,460 1,126,567,056 1,127,776,582 1,123,483,178 1,126,716,524 1,123,632,646

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