taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

049/Cooke

049-905/Callisburg ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 421,108,495 .9795 429,921,894 421,108,495
B. Multi-Family Residences 1,019,746 N/A 1,019,746 1,019,746
C1. Vacant Lots 4,851,209 N/A 4,851,209 4,851,209
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,983,053 1.3466 4,443,067 5,983,053
D2. Real Prop Farm & Ranch 15,617,342 N/A 15,617,342 15,617,342
E. Real Prop NonQual Acres 146,695,439 .9768 150,179,606 146,695,439
F1. Commercial Real 8,780,975 N/A 8,780,975 8,780,975
F2. Industrial Real 316,184 N/A 316,184 316,184
G. Oil, Gas, Minerals 59,483,540 .9820 60,573,870 59,483,540
J. Utilities 10,549,567 N/A 10,549,567 10,549,567
L1. Commercial Personal 5,604,406 N/A 5,604,406 5,604,406
L2. Industrial Personal 3,198,889 N/A 3,198,889 3,198,889
M. Other Personal 4,836,000 N/A 4,836,000 4,836,000
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 381,272 N/A 381,272 381,272
S. Special Inventory 43,484 N/A 43,484 43,484
Subtotal 688,469,601 700,317,511 688,469,601
Less Total Deductions 83,742,221   87,592,596 83,742,221
Total Taxable Value 604,727,380 612,724,915 604,727,380 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
625,308,885 604,727,380 625,308,885 604,727,380 613,849,887 613,849,887


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
20,581,505 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
625,308,885 604,727,380 625,308,885 604,727,380 613,849,887 613,849,887

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