taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

114/Howard

114-904/Forsan ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 60,037,779 N/A 60,037,779 60,037,779
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 1,918,211 N/A 1,918,211 1,918,211
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,915,248 N/A 5,915,248 5,915,248
D2. Real Prop Farm & Ranch 333,992 N/A 333,992 333,992
E. Real Prop NonQual Acres 20,604,686 N/A 20,604,686 20,604,686
F1. Commercial Real 4,302,116 N/A 4,302,116 4,302,116
F2. Industrial Real 185,607,078 N/A 185,607,078 185,607,078
G. Oil, Gas, Minerals 621,423,760 N/A 621,423,760 621,423,760
J. Utilities 47,582,733 N/A 47,582,733 47,582,733
L1. Commercial Personal 4,011,979 N/A 4,011,979 4,011,979
L2. Industrial Personal 13,453,300 N/A 13,453,300 13,453,300
M. Other Personal 2,132,177 N/A 2,132,177 2,132,177
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 270,713 N/A 270,713 270,713
S. Special Inventory 0 N/A 0 0
Subtotal 967,593,772 967,593,772 967,593,772
Less Total Deductions 172,964,451   172,964,451 172,964,451
Total Taxable Value 794,629,321 794,629,321 794,629,321 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
800,765,774 794,629,321 795,298,506 789,162,053 794,805,096 789,337,828


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,136,453 5,467,268


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
950,211,794 944,075,341 944,744,526 938,608,073 944,251,116 938,783,848

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

168/Mitchell

114-904/Forsan ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 0 N/A 0 0
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 0 N/A 0 0
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 836,100 N/A 836,100 836,100
D2. Real Prop Farm & Ranch 39,460 N/A 39,460 39,460
E. Real Prop NonQual Acres 82,100 N/A 82,100 82,100
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 81,100 N/A 81,100 81,100
J. Utilities 236,110 N/A 236,110 236,110
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 19,630 N/A 19,630 19,630
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 1,294,500 1,294,500 1,294,500
Less Total Deductions 0   0 0
Total Taxable Value 1,294,500 1,294,500 1,294,500 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
1,294,500 1,294,500 1,294,500 1,294,500 1,294,500 1,294,500


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
0 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
1,294,500 1,294,500 1,294,500 1,294,500 1,294,500 1,294,500

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

114-904/Forsan ISD



Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 60,037,779 N/A 60,037,779 60,037,779
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 1,918,211 N/A 1,918,211 1,918,211
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,751,348 N/A 6,751,348 6,751,348
D2. Real Prop Farm & Ranch 373,452 N/A 373,452 373,452
E. Real Prop NonQual Acres 20,686,786 N/A 20,686,786 20,686,786
F1. Commercial Real 4,302,116 N/A 4,302,116 4,302,116
F2. Industrial Real 185,607,078 N/A 185,607,078 185,607,078
G. Oil, Gas, Minerals 621,504,860 N/A 621,504,860 621,504,860
J. Utilities 47,818,843 N/A 47,818,843 47,818,843
L1. Commercial Personal 4,011,979 N/A 4,011,979 4,011,979
L2. Industrial Personal 13,453,300 N/A 13,453,300 13,453,300
M. Other Personal 2,151,807 N/A 2,151,807 2,151,807
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 270,713 N/A 270,713 270,713
S. Special Inventory 0 N/A 0 0
Subtotal 968,888,272 968,888,272 968,888,272
Less Total Deductions 172,964,451   172,964,451 172,964,451
Total Taxable Value 795,923,821 795,923,821 795,923,821 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