taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

076/Fisher

208-901/Hermleigh ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 0 N/A 0 0
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 14,720 N/A 14,720 14,720
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,323,150 N/A 1,323,150 1,323,150
D2. Real Prop Farm & Ranch 53,650 N/A 53,650 53,650
E. Real Prop NonQual Acres 574,660 N/A 574,660 574,660
F1. Commercial Real 10,690 N/A 10,690 10,690
F2. Industrial Real 76,111,070 N/A 76,111,070 76,111,070
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 5,287,420 N/A 5,287,420 5,287,420
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 36,660 N/A 36,660 36,660
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 83,412,020 83,412,020 83,412,020
Less Total Deductions 58,176,130   58,176,130 58,176,130
Total Taxable Value 25,235,890 25,235,890 25,235,890 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
25,300,750 25,235,890 25,300,750 25,235,890 25,235,890 25,235,890


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
64,860 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
83,282,220 83,217,360 83,282,220 83,217,360 83,217,360 83,217,360

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

208/Scurry

208-901/Hermleigh ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 10,151,998 .9665 10,503,878 10,151,998
B. Multi-Family Residences 112,379 N/A 112,379 112,379
C1. Vacant Lots 91,913 N/A 91,913 91,913
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 8,752,009 1.1387 7,685,860 8,752,009
D2. Real Prop Farm & Ranch 2,310,578 N/A 2,310,578 2,310,578
E. Real Prop NonQual Acres 16,752,323 .9380 17,859,619 16,752,323
F1. Commercial Real 1,251,526 N/A 1,251,526 1,251,526
F2. Industrial Real 227,617,188 N/A 227,617,188 227,617,188
G. Oil, Gas, Minerals 16,249,226 1.0181 15,960,344 16,249,226
J. Utilities 40,545,528 .9938 40,798,479 40,545,528
L1. Commercial Personal 1,219,054 N/A 1,219,054 1,219,054
L2. Industrial Personal 3,864,420 N/A 3,864,420 3,864,420
M. Other Personal 525,890 N/A 525,890 525,890
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 329,444,032 329,801,128 329,444,032
Less Total Deductions 214,392,450   214,641,803 214,392,450
Total Taxable Value 115,051,582 115,159,325 115,051,582 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
116,997,245 115,051,582 116,997,245 115,051,582 115,309,024 115,309,024


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,945,663 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
324,600,585 322,654,922 324,600,585 322,654,922 322,912,364 322,912,364

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

208-901/Hermleigh ISD



Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 10,151,998 .9665 10,503,878 10,151,998
B. Multi-Family Residences 112,379 N/A 112,379 112,379
C1. Vacant Lots 106,633 N/A 106,633 106,633
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 10,075,159 1.1183 9,009,010 10,075,159
D2. Real Prop Farm & Ranch 2,364,228 N/A 2,364,228 2,364,228
E. Real Prop NonQual Acres 17,326,983 .9399 18,434,279 17,326,983
F1. Commercial Real 1,262,216 N/A 1,262,216 1,262,216
F2. Industrial Real 303,728,258 N/A 303,728,258 303,728,258
G. Oil, Gas, Minerals 16,249,226 1.0181 15,960,344 16,249,226
J. Utilities 45,832,948 .9945 46,085,899 45,832,948
L1. Commercial Personal 1,219,054 N/A 1,219,054 1,219,054
L2. Industrial Personal 3,864,420 N/A 3,864,420 3,864,420
M. Other Personal 562,550 N/A 562,550 562,550
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 412,856,052 413,213,148 412,856,052
Less Total Deductions 272,568,580   272,817,933 272,568,580
Total Taxable Value 140,287,472 140,395,215 140,287,472 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