taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

093/Grimes

093-901/Anderson-Shiro CISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 39,911,711 .8979 44,450,062 39,911,711
B. Multi-Family Residences 92,290 N/A 92,290 92,290
C1. Vacant Lots 4,260,954 N/A 4,260,954 4,260,954
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 10,192,800 .9674 10,536,307 10,192,800
D2. Real Prop Farm & Ranch 10,894,745 N/A 10,894,745 10,894,745
E. Real Prop NonQual Acres 116,831,925 .9724 120,148,010 116,831,925
F1. Commercial Real 6,853,536 N/A 6,853,536 6,853,536
F2. Industrial Real 155,907,143 N/A 155,907,143 155,907,143
G. Oil, Gas, Minerals 22,825,871 1.0225 22,323,590 22,825,871
J. Utilities 107,700,994 .9410 114,453,766 107,700,994
L1. Commercial Personal 3,886,072 N/A 3,886,072 3,886,072
L2. Industrial Personal 128,703,520 N/A 128,703,520 128,703,520
M. Other Personal 7,043,100 N/A 7,043,100 7,043,100
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 1,205,190 N/A 1,205,190 1,205,190
S. Special Inventory 76,620 N/A 76,620 76,620
Subtotal 616,386,471 630,834,905 616,386,471
Less Total Deductions 110,217,999   113,945,851 110,217,999
Total Taxable Value 506,168,472 516,889,054 506,168,472 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

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
514,788,502 506,168,472 514,788,502 506,168,472 507,301,261 507,301,261


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
8,620,030 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
514,788,502 506,168,472 514,788,502 506,168,472 507,301,261 507,301,261

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