taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

007/Atascosa

015-909/Somerset ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 83,415,179 N/A 83,415,179 83,415,179
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 4,548,995 N/A 4,548,995 4,548,995
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,021,136 N/A 1,021,136 1,021,136
D2. Real Prop Farm & Ranch 175,530 N/A 175,530 175,530
E. Real Prop NonQual Acres 33,297,546 N/A 33,297,546 33,297,546
F1. Commercial Real 2,921,500 N/A 2,921,500 2,921,500
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 2,733,495 N/A 2,733,495 2,733,495
J. Utilities 1,453,330 N/A 1,453,330 1,453,330
L1. Commercial Personal 1,549,300 N/A 1,549,300 1,549,300
L2. Industrial Personal 1,105,120 N/A 1,105,120 1,105,120
M. Other Personal 4,455,670 N/A 4,455,670 4,455,670
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 136,676,801 136,676,801 136,676,801
Less Total Deductions 26,534,613   26,534,613 26,534,613
Total Taxable Value 110,142,188 110,142,188 110,142,188 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
119,105,772 110,142,188 119,105,772 110,142,188 110,142,188 110,142,188


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
8,963,584 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
119,105,772 110,142,188 119,105,772 110,142,188 110,142,188 110,142,188

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

015/Bexar

015-909/Somerset ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 159,633,195 .8963 178,102,415 159,633,195
B. Multi-Family Residences 2,550,320 N/A 2,550,320 2,550,320
C1. Vacant Lots 15,408,417 1.1378 13,542,290 15,408,417
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,839,883 .8916 2,063,633 1,839,883
D2. Real Prop Farm & Ranch 1,326,909 N/A 1,326,909 1,326,909
E. Real Prop NonQual Acres 55,227,201 1.1267 49,016,776 55,227,201
F1. Commercial Real 22,902,121 .9890 23,156,846 22,902,121
F2. Industrial Real 1,604,386 N/A 1,604,386 1,604,386
G. Oil, Gas, Minerals 8,402,119 N/A 8,402,119 8,402,119
J. Utilities 2,528,294 N/A 2,528,294 2,528,294
L1. Commercial Personal 14,979,127 N/A 14,979,127 14,979,127
L2. Industrial Personal 29,426,231 N/A 29,426,231 29,426,231
M. Other Personal 15,449,499 N/A 15,449,499 15,449,499
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 137,200 N/A 137,200 137,200
S. Special Inventory 27,150 N/A 27,150 27,150
Subtotal 331,442,052 342,313,195 331,442,052
Less Total Deductions 46,609,555   52,278,270 46,609,555
Total Taxable Value 284,832,497 290,034,925 284,832,497 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
300,061,727 284,832,497 300,061,727 284,832,497 288,565,517 288,565,517


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
15,229,230 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
300,061,727 284,832,497 300,061,727 284,832,497 288,565,517 288,565,517

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

015-909/Somerset ISD



Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 243,048,374 .9294 261,517,594 243,048,374
B. Multi-Family Residences 2,550,320 N/A 2,550,320 2,550,320
C1. Vacant Lots 19,957,412 1.1032 18,091,285 19,957,412
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,861,019 .9275 3,084,769 2,861,019
D2. Real Prop Farm & Ranch 1,502,439 N/A 1,502,439 1,502,439
E. Real Prop NonQual Acres 88,524,747 1.0754 82,314,322 88,524,747
F1. Commercial Real 25,823,621 .9902 26,078,346 25,823,621
F2. Industrial Real 1,604,386 N/A 1,604,386 1,604,386
G. Oil, Gas, Minerals 11,135,614 N/A 11,135,614 11,135,614
J. Utilities 3,981,624 N/A 3,981,624 3,981,624
L1. Commercial Personal 16,528,427 N/A 16,528,427 16,528,427
L2. Industrial Personal 30,531,351 N/A 30,531,351 30,531,351
M. Other Personal 19,905,169 N/A 19,905,169 19,905,169
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 137,200 N/A 137,200 137,200
S. Special Inventory 27,150 N/A 27,150 27,150
Subtotal 468,118,853 478,989,996 468,118,853
Less Total Deductions 73,144,168   78,812,883 73,144,168
Total Taxable Value 394,974,685 400,177,113 394,974,685 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