taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

114/Howard

114-901/Big Spring ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 503,744,668 .9016 558,723,012 503,744,668
B. Multi-Family Residences 34,990,193 N/A 34,990,193 34,990,193
C1. Vacant Lots 10,399,680 N/A 10,399,680 10,399,680
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 17,770,183 .9325 19,056,507 17,770,183
D2. Real Prop Farm & Ranch 1,349,852 N/A 1,349,852 1,349,852
E. Real Prop NonQual Acres 16,111,678 N/A 16,111,678 16,111,678
F1. Commercial Real 191,550,424 .9087 210,796,109 191,550,424
F2. Industrial Real 287,087,038 N/A 287,087,038 287,087,038
G. Oil, Gas, Minerals 521,330,130 1.0277 507,278,515 521,330,130
J. Utilities 83,992,479 N/A 83,992,479 83,992,479
L1. Commercial Personal 83,436,434 .9641 86,543,340 83,436,434
L2. Industrial Personal 295,682,432 N/A 295,682,432 295,682,432
M. Other Personal 2,141,539 N/A 2,141,539 2,141,539
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 720,026 N/A 720,026 720,026
S. Special Inventory 4,848,517 N/A 4,848,517 4,848,517
Subtotal 2,055,155,273 2,119,720,917 2,055,155,273
Less Total Deductions 168,219,475   183,919,035 168,219,475
Total Taxable Value 1,886,935,798 1,935,801,882 1,886,935,798 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
1,932,045,471 1,886,935,798 1,898,671,464 1,853,561,791 1,890,085,228 1,856,711,221


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
45,109,673 33,374,007


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
1,932,045,471 1,886,935,798 1,898,671,464 1,853,561,791 1,890,085,228 1,856,711,221

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