taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

066/Duval

125-905/Premont ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 302,920 N/A 302,920 302,920
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 0 N/A 0 0
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,351,630 N/A 2,351,630 2,351,630
D2. Real Prop Farm & Ranch 0 N/A 0 0
E. Real Prop NonQual Acres 3,629,250 N/A 3,629,250 3,629,250
F1. Commercial Real 18,400 N/A 18,400 18,400
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 1,524,480 N/A 1,524,480 1,524,480
J. Utilities 5,186,410 N/A 5,186,410 5,186,410
L1. Commercial Personal 9,180 N/A 9,180 9,180
L2. Industrial Personal 155,050 N/A 155,050 155,050
M. Other Personal 177,400 N/A 177,400 177,400
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 13,354,720 13,354,720 13,354,720
Less Total Deductions 1,788,526   1,788,526 1,788,526
Total Taxable Value 11,566,194 11,566,194 11,566,194 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
12,186,406 11,566,194 12,186,406 11,566,194 11,566,194 11,566,194


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
620,212 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
12,186,406 11,566,194 12,186,406 11,566,194 11,566,194 11,566,194

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

125/Jim Wells

125-905/Premont 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 38,898,393 .8219 47,327,404 38,898,393
B. Multi-Family Residences 530,020 N/A 530,020 530,020
C1. Vacant Lots 917,706 N/A 917,706 917,706
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 8,723,175 .9624 9,064,029 8,723,175
D2. Real Prop Farm & Ranch 987,078 N/A 987,078 987,078
E. Real Prop NonQual Acres 20,340,103 .8334 24,406,171 20,340,103
F1. Commercial Real 5,459,827 N/A 5,459,827 5,459,827
F2. Industrial Real 1,382,985 N/A 1,382,985 1,382,985
G. Oil, Gas, Minerals 18,633,620 .9793 19,027,489 18,633,620
J. Utilities 27,888,058 .9269 30,087,451 27,888,058
L1. Commercial Personal 7,009,450 1.0379 6,753,493 7,009,450
L2. Industrial Personal 9,393,220 N/A 9,393,220 9,393,220
M. Other Personal 1,214,346 N/A 1,214,346 1,214,346
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 4,417 N/A 4,417 4,417
Subtotal 141,382,398 156,555,636 141,382,398
Less Total Deductions 18,840,328   22,466,912 18,840,328
Total Taxable Value 122,542,070 134,088,724 122,542,070 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
128,502,798 122,542,070 128,502,798 122,542,070 122,857,136 122,857,136


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,960,728 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
128,502,798 122,542,070 128,502,798 122,542,070 122,857,136 122,857,136

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.

125-905/Premont ISD



Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 39,201,313 .8230 47,630,324 39,201,313
B. Multi-Family Residences 530,020 N/A 530,020 530,020
C1. Vacant Lots 917,706 N/A 917,706 917,706
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 11,074,805 .9701 11,415,659 11,074,805
D2. Real Prop Farm & Ranch 987,078 N/A 987,078 987,078
E. Real Prop NonQual Acres 23,969,353 .8550 28,035,421 23,969,353
F1. Commercial Real 5,478,227 N/A 5,478,227 5,478,227
F2. Industrial Real 1,382,985 N/A 1,382,985 1,382,985
G. Oil, Gas, Minerals 20,158,100 .9808 20,551,969 20,158,100
J. Utilities 33,074,468 .9376 35,273,861 33,074,468
L1. Commercial Personal 7,018,630 1.0378 6,762,673 7,018,630
L2. Industrial Personal 9,548,270 N/A 9,548,270 9,548,270
M. Other Personal 1,391,746 N/A 1,391,746 1,391,746
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 4,417 N/A 4,417 4,417
Subtotal 154,737,118 169,910,356 154,737,118
Less Total Deductions 20,628,854   24,255,438 20,628,854
Total Taxable Value 134,108,264 145,654,918 134,108,264 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