taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

111/Hood

111-903/Tolar ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 43,552,450 .9891 44,032,403 43,552,450
B. Multi-Family Residences 1,001,790 N/A 1,001,790 1,001,790
C1. Vacant Lots 3,073,830 N/A 3,073,830 3,073,830
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,315,090 1.7311 3,648,125 6,315,090
D2. Real Prop Farm & Ranch 4,003,030 N/A 4,003,030 4,003,030
E. Real Prop NonQual Acres 77,013,560 1.0197 75,525,704 77,013,560
F1. Commercial Real 7,175,530 N/A 7,175,530 7,175,530
F2. Industrial Real 17,150,320 N/A 17,150,320 17,150,320
G. Oil, Gas, Minerals 1,837,920 N/A 1,837,920 1,837,920
J. Utilities 43,930,580 .9869 44,513,710 43,930,580
L1. Commercial Personal 7,588,060 N/A 7,588,060 7,588,060
L2. Industrial Personal 5,405,330 N/A 5,405,330 5,405,330
M. Other Personal 1,977,290 N/A 1,977,290 1,977,290
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 635,690 N/A 635,690 635,690
S. Special Inventory 0 N/A 0 0
Subtotal 220,660,470 217,568,732 220,660,470
Less Total Deductions 19,746,863   20,036,525 19,746,863
Total Taxable Value 200,913,607 197,532,207 200,913,607 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
206,578,517 200,913,607 206,578,517 200,913,607 202,373,474 202,373,474


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,664,910 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
206,578,517 200,913,607 206,578,517 200,913,607 202,373,474 202,373,474

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