taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

070/Ellis

070-915/Maypearl ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 133,050,188 .9589 138,752,934 133,050,188
B. Multi-Family Residences 345,880 N/A 345,880 345,880
C1. Vacant Lots 2,292,071 N/A 2,292,071 2,292,071
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,568,954 2.0520 2,713,886 5,568,954
D2. Real Prop Farm & Ranch 3,948,513 N/A 3,948,513 3,948,513
E. Real Prop NonQual Acres 77,250,017 .9738 79,328,422 77,250,017
F1. Commercial Real 6,691,670 N/A 6,691,670 6,691,670
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 458,485 N/A 458,485 458,485
J. Utilities 38,226,700 .9154 41,759,559 38,226,700
L1. Commercial Personal 2,611,004 N/A 2,611,004 2,611,004
L2. Industrial Personal 19,278,440 N/A 19,278,440 19,278,440
M. Other Personal 3,978,870 N/A 3,978,870 3,978,870
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 2,511,180 N/A 2,511,180 2,511,180
S. Special Inventory 0 N/A 0 0
Subtotal 296,211,972 304,670,914 296,211,972
Less Total Deductions 27,625,451   29,353,663 27,625,451
Total Taxable Value 268,586,521 275,317,251 268,586,521 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
279,446,934 268,586,521 279,446,934 268,586,521 270,015,867 270,015,867


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
10,860,413 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
279,446,934 268,586,521 279,446,934 268,586,521 270,015,867 270,015,867

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