taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

048/Concho

048-903/Paint Rock ISD

* This district is in year 1 of the grace period.


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 22,360,920 .9466 23,622,354 22,360,920
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 228,330 N/A 228,330 228,330
C2. Colonia Lots 5,005,240 N/A 5,005,240 5,005,240
D1. Rural Real(Taxable) 14,742,940 .8570 17,202,329 14,742,940
D2. Real Prop Farm & Ranch 1,297,270 N/A 1,297,270 1,297,270
E. Real Prop NonQual Acres 11,575,790 .9558 12,111,101 11,575,790
F1. Commercial Real 1,641,750 N/A 1,641,750 1,641,750
F2. Industrial Real 154,310 N/A 154,310 154,310
G. Oil, Gas, Minerals 2,380,966 N/A 2,380,966 2,380,966
J. Utilities 12,224,576 .8076 15,136,919 12,224,576
L1. Commercial Personal 404,520 N/A 404,520 404,520
L2. Industrial Personal 1,788,546 N/A 1,788,546 1,788,546
M. Other Personal 1,186,420 N/A 1,186,420 1,186,420
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 137,060 N/A 137,060 137,060
S. Special Inventory 0 N/A 0 0
Subtotal 75,128,638 82,297,115 75,128,638
Less Total Deductions 5,112,582   5,370,184 5,112,582
Total Taxable Value 70,016,056 76,926,931 70,016,056 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
71,885,166 70,016,056 71,885,166 70,016,056 70,016,056 70,016,056


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,869,110 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
71,885,166 70,016,056 71,885,166 70,016,056 70,016,056 70,016,056

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 invalid, but local value was certified because your school district is in year one of the grace period.