taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

103/Hartley

103-902/Hartley ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 9,536,280 N/A 9,536,280 9,536,280
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 514,810 N/A 514,810 514,810
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 54,457,260 N/A 54,457,260 54,457,260
D2. Real Prop Farm & Ranch 3,547,830 N/A 3,547,830 3,547,830
E. Real Prop NonQual Acres 11,330,190 N/A 11,330,190 11,330,190
F1. Commercial Real 941,150 N/A 941,150 941,150
F2. Industrial Real 26,158,890 N/A 26,158,890 26,158,890
G. Oil, Gas, Minerals 24,304,134 N/A 24,304,134 24,304,134
J. Utilities 17,347,730 N/A 17,347,730 17,347,730
L1. Commercial Personal 6,525,210 N/A 6,525,210 6,525,210
L2. Industrial Personal 11,014,960 N/A 11,014,960 11,014,960
M. Other Personal 322,630 N/A 322,630 322,630
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 81,470 N/A 81,470 81,470
S. Special Inventory 0 N/A 0 0
Subtotal 166,082,544 166,082,544 166,082,544
Less Total Deductions 3,254,362   3,254,362 3,254,362
Total Taxable Value 162,828,182 162,828,182 162,828,182 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
163,927,932 162,828,182 163,927,932 162,828,182 162,887,461 162,887,461


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,099,750 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
163,927,932 162,828,182 163,927,932 162,828,182 162,887,461 162,887,461

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