taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

111/Hood

213-901/Glen Rose ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 685,750 N/A 685,750 685,750
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 6,645,850 N/A 6,645,850 6,645,850
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 590,220 N/A 590,220 590,220
D2. Real Prop Farm & Ranch 10,300 N/A 10,300 10,300
E. Real Prop NonQual Acres 3,802,010 N/A 3,802,010 3,802,010
F1. Commercial Real 147,120 N/A 147,120 147,120
F2. Industrial Real 55,474,180 N/A 55,474,180 55,474,180
G. Oil, Gas, Minerals 30,079,580 N/A 30,079,580 30,079,580
J. Utilities 17,217,760 N/A 17,217,760 17,217,760
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 26,862,850 N/A 26,862,850 26,862,850
M. Other Personal 174,800 N/A 174,800 174,800
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 141,690,420 141,690,420 141,690,420
Less Total Deductions 607,665   607,665 607,665
Total Taxable Value 141,082,755 141,082,755 141,082,755 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
141,122,755 141,082,755 141,090,766 141,050,766 141,082,755 141,050,766


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
40,000 31,989


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
141,122,755 141,082,755 141,090,766 141,050,766 141,082,755 141,050,766

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

213/Somervell

213-901/Glen Rose ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 287,626,050 .9566 300,675,361 287,626,050
B. Multi-Family Residences 4,746,110 N/A 4,746,110 4,746,110
C1. Vacant Lots 12,072,560 N/A 12,072,560 12,072,560
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,837,230 .9647 6,050,735 5,837,230
D2. Real Prop Farm & Ranch 6,881,380 N/A 6,881,380 6,881,380
E. Real Prop NonQual Acres 197,732,990 .9670 204,480,858 197,732,990
F1. Commercial Real 61,609,350 .9323 66,083,181 61,609,350
F2. Industrial Real 1,782,862,423 N/A 1,782,862,423 1,782,862,423
G. Oil, Gas, Minerals 25,983,760 .9823 26,451,960 25,983,760
J. Utilities 62,978,490 .9871 63,801,530 62,978,490
L1. Commercial Personal 29,540,149 N/A 29,540,149 29,540,149
L2. Industrial Personal 194,285,580 N/A 194,285,580 194,285,580
M. Other Personal 4,133,930 N/A 4,133,930 4,133,930
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 3,582,410 N/A 3,582,410 3,582,410
S. Special Inventory 67,810 N/A 67,810 67,810
Subtotal 2,679,940,222 2,705,715,977 2,679,940,222
Less Total Deductions 100,380,394   105,603,013 100,380,394
Total Taxable Value 2,579,559,828 2,600,112,964 2,579,559,828 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
2,598,978,411 2,579,559,828 2,567,200,316 2,547,781,733 2,583,007,479 2,551,229,384


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
19,418,583 31,778,095


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
2,598,978,411 2,579,559,828 2,567,200,316 2,547,781,733 2,583,007,479 2,551,229,384

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

213-901/Glen Rose ISD



Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 288,311,800 .9567 301,361,111 288,311,800
B. Multi-Family Residences 4,746,110 N/A 4,746,110 4,746,110
C1. Vacant Lots 18,718,410 N/A 18,718,410 18,718,410
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,427,450 .9679 6,640,955 6,427,450
D2. Real Prop Farm & Ranch 6,891,680 N/A 6,891,680 6,891,680
E. Real Prop NonQual Acres 201,535,000 .9676 208,282,868 201,535,000
F1. Commercial Real 61,756,470 .9325 66,230,301 61,756,470
F2. Industrial Real 1,838,336,603 N/A 1,838,336,603 1,838,336,603
G. Oil, Gas, Minerals 56,063,340 .9917 56,531,540 56,063,340
J. Utilities 80,196,250 .9898 81,019,290 80,196,250
L1. Commercial Personal 29,540,149 N/A 29,540,149 29,540,149
L2. Industrial Personal 221,148,430 N/A 221,148,430 221,148,430
M. Other Personal 4,308,730 N/A 4,308,730 4,308,730
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 3,582,410 N/A 3,582,410 3,582,410
S. Special Inventory 67,810 N/A 67,810 67,810
Subtotal 2,821,630,642 2,847,406,397 2,821,630,642
Less Total Deductions 100,988,059   106,210,678 100,988,059
Total Taxable Value 2,720,642,583 2,741,195,719 2,720,642,583 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