taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

067/Eastland

067-903/Eastland ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 145,460,370 .9636 150,955,137 145,460,370
B. Multi-Family Residences 4,751,250 N/A 4,751,250 4,751,250
C1. Vacant Lots 3,923,930 N/A 3,923,930 3,923,930
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 10,377,880 .9118 11,381,409 10,377,880
D2. Real Prop Farm & Ranch 14,522,960 N/A 14,522,960 14,522,960
E. Real Prop NonQual Acres 91,777,750 .6644 138,136,288 91,777,750
F1. Commercial Real 69,385,640 1.0047 69,061,053 69,385,640
F2. Industrial Real 16,311,850 N/A 16,311,850 16,311,850
G. Oil, Gas, Minerals 17,323,040 1.0260 16,884,055 17,323,040
J. Utilities 51,266,350 .9911 51,726,718 51,266,350
L1. Commercial Personal 24,557,170 1.0370 23,680,974 24,557,170
L2. Industrial Personal 73,041,080 N/A 73,041,080 73,041,080
M. Other Personal 2,193,350 N/A 2,193,350 2,193,350
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 5,790,860 N/A 5,790,860 5,790,860
Subtotal 530,683,480 582,360,914 530,683,480
Less Total Deductions 81,749,624   84,784,572 81,749,624
Total Taxable Value 448,933,856 497,576,342 448,933,856 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
465,023,236 448,933,856 465,023,236 448,933,856 451,092,029 451,092,029


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
16,089,380 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
465,023,236 448,933,856 465,023,236 448,933,856 451,092,029 451,092,029

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