taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

049/Cooke

049-907/Lindsay ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 88,935,620 .9712 91,572,920 88,935,620
B. Multi-Family Residences 366,567 N/A 366,567 366,567
C1. Vacant Lots 2,425,135 N/A 2,425,135 2,425,135
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,624,582 1.1788 2,226,578 2,624,582
D2. Real Prop Farm & Ranch 2,416,370 N/A 2,416,370 2,416,370
E. Real Prop NonQual Acres 27,278,434 1.0036 27,180,584 27,278,434
F1. Commercial Real 14,866,048 1.0119 14,691,222 14,866,048
F2. Industrial Real 25,365,071 N/A 25,365,071 25,365,071
G. Oil, Gas, Minerals 673,330 N/A 673,330 673,330
J. Utilities 5,021,770 .9815 5,116,424 5,021,770
L1. Commercial Personal 68,121,297 1.0412 65,425,756 68,121,297
L2. Industrial Personal 206,646,589 N/A 206,646,589 206,646,589
M. Other Personal 256,499 N/A 256,499 256,499
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 156,005 N/A 156,005 156,005
S. Special Inventory 2,961,638 N/A 2,961,638 2,961,638
Subtotal 448,114,955 447,480,688 448,114,955
Less Total Deductions 18,804,207   19,526,893 18,804,207
Total Taxable Value 429,310,748 427,953,795 429,310,748 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
434,482,427 429,310,748 434,482,427 429,310,748 430,798,054 430,798,054


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,171,679 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
434,482,427 429,310,748 434,482,427 429,310,748 430,798,054 430,798,054

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