taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

049/Cooke

049-902/Muenster ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 90,873,745 .9660 94,072,200 90,873,745
B. Multi-Family Residences 565,353 N/A 565,353 565,353
C1. Vacant Lots 1,517,930 N/A 1,517,930 1,517,930
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 9,973,335 1.2614 7,906,387 9,973,335
D2. Real Prop Farm & Ranch 4,026,730 N/A 4,026,730 4,026,730
E. Real Prop NonQual Acres 53,759,869 .9549 56,298,952 53,759,869
F1. Commercial Real 21,790,737 .9588 22,727,093 21,790,737
F2. Industrial Real 84,086,340 N/A 84,086,340 84,086,340
G. Oil, Gas, Minerals 83,059,480 1.0034 82,778,035 83,059,480
J. Utilities 15,614,952 N/A 15,614,952 15,614,952
L1. Commercial Personal 14,566,107 .9742 14,951,865 14,566,107
L2. Industrial Personal 56,042,054 N/A 56,042,054 56,042,054
M. Other Personal 494,696 N/A 494,696 494,696
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 210,365 N/A 210,365 210,365
S. Special Inventory 615,395 N/A 615,395 615,395
Subtotal 437,197,088 441,908,347 437,197,088
Less Total Deductions 94,243,981   95,557,272 94,243,981
Total Taxable Value 342,953,107 346,351,075 342,953,107 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
350,743,388 342,953,107 350,743,388 342,953,107 344,708,331 344,708,331


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
7,790,281 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
418,839,943 411,049,662 418,839,943 411,049,662 412,804,886 412,804,886

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