taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

066/Duval

066-903/Freer ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 46,504,000 N/A 46,504,000 46,504,000
B. Multi-Family Residences 875,970 N/A 875,970 875,970
C1. Vacant Lots 1,681,680 N/A 1,681,680 1,681,680
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 16,178,443 N/A 16,178,413 16,178,443
D2. Real Prop Farm & Ranch 3,000 N/A 3,000 3,000
E. Real Prop NonQual Acres 18,563,424 N/A 18,563,424 18,563,424
F1. Commercial Real 12,706,095 N/A 12,706,095 12,706,095
F2. Industrial Real 5,867,840 N/A 5,867,840 5,867,840
G. Oil, Gas, Minerals 141,853,230 N/A 141,853,230 141,853,230
J. Utilities 75,379,080 N/A 75,379,080 75,379,080
L1. Commercial Personal 9,466,190 N/A 9,466,190 9,466,190
L2. Industrial Personal 47,672,170 N/A 47,672,170 47,672,170
M. Other Personal 1,488,700 N/A 1,488,700 1,488,700
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 378,239,822 378,239,792 378,239,822
Less Total Deductions 25,150,433   25,150,433 25,150,433
Total Taxable Value 353,089,389 353,089,359 353,089,389 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
361,260,103 353,089,389 357,934,549 349,763,835 353,089,389 349,763,835


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
8,170,714 3,325,554


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
361,260,103 353,089,389 357,934,549 349,763,835 353,089,389 349,763,835

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