taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

043/Collin

074-909/Leonard ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 817,386 N/A 817,386 817,386
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 89,634 N/A 89,634 89,634
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 415,589 N/A 415,589 415,589
D2. Real Prop Farm & Ranch 137,767 N/A 137,767 137,767
E. Real Prop NonQual Acres 6,837,464 N/A 6,837,464 6,837,464
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 444,465 N/A 444,465 444,465
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 660 N/A 660 660
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 8,742,965 8,742,965 8,742,965
Less Total Deductions 852,873   852,873 852,873
Total Taxable Value 7,890,092 7,890,092 7,890,092 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
8,324,338 7,890,092 8,324,338 7,890,092 7,890,092 7,890,092


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
434,246 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
8,324,338 7,890,092 8,324,338 7,890,092 7,890,092 7,890,092

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

074/Fannin

074-909/Leonard ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 69,176,231 N/A 69,176,231 69,176,231
B. Multi-Family Residences 1,377,960 N/A 1,377,960 1,377,960
C1. Vacant Lots 843,610 N/A 843,610 843,610
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,317,410 N/A 3,317,410 3,317,410
D2. Real Prop Farm & Ranch 3,387,400 N/A 3,387,400 3,387,400
E. Real Prop NonQual Acres 44,651,387 N/A 44,651,387 44,651,387
F1. Commercial Real 11,219,770 N/A 11,219,770 11,219,770
F2. Industrial Real 58,860 N/A 58,860 58,860
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 10,869,450 N/A 10,869,450 10,869,450
L1. Commercial Personal 4,247,740 N/A 4,247,740 4,247,740
L2. Industrial Personal 989,780 N/A 989,780 989,780
M. Other Personal 212,010 N/A 212,010 212,010
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 21,530 N/A 21,530 21,530
S. Special Inventory 18,740 N/A 18,740 18,740
Subtotal 150,391,878 150,391,878 150,391,878
Less Total Deductions 23,295,923   23,295,923 23,295,923
Total Taxable Value 127,095,955 127,095,955 127,095,955 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
135,021,543 127,095,955 135,021,543 127,095,955 127,873,163 127,873,163


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
7,925,588 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
135,021,543 127,095,955 135,021,543 127,095,955 127,873,163 127,873,163

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

116/Hunt

074-909/Leonard 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 20 N/A 20 20
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 552,210 N/A 552,210 552,210
D2. Real Prop Farm & Ranch 419,920 N/A 419,920 419,920
E. Real Prop NonQual Acres 7,615,900 N/A 7,615,900 7,615,900
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 704,750 N/A 704,750 704,750
L1. Commercial Personal 17,790 N/A 17,790 17,790
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 42,750 N/A 42,750 42,750
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 9,353,340 9,353,340 9,353,340
Less Total Deductions 1,313,146   1,313,146 1,313,146
Total Taxable Value 8,040,194 8,040,194 8,040,194 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
8,578,134 8,040,194 8,578,134 8,040,194 8,040,194 8,040,194


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
537,940 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
8,578,134 8,040,194 8,578,134 8,040,194 8,040,194 8,040,194

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

074-909/Leonard ISD



Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 69,993,617 N/A 69,993,617 69,993,617
B. Multi-Family Residences 1,377,960 N/A 1,377,960 1,377,960
C1. Vacant Lots 933,264 N/A 933,264 933,264
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,285,209 N/A 4,285,209 4,285,209
D2. Real Prop Farm & Ranch 3,945,087 N/A 3,945,087 3,945,087
E. Real Prop NonQual Acres 59,104,751 N/A 59,104,751 59,104,751
F1. Commercial Real 11,219,770 N/A 11,219,770 11,219,770
F2. Industrial Real 58,860 N/A 58,860 58,860
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 12,018,665 N/A 12,018,665 12,018,665
L1. Commercial Personal 4,265,530 N/A 4,265,530 4,265,530
L2. Industrial Personal 989,780 N/A 989,780 989,780
M. Other Personal 255,420 N/A 255,420 255,420
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 21,530 N/A 21,530 21,530
S. Special Inventory 18,740 N/A 18,740 18,740
Subtotal 168,488,183 168,488,183 168,488,183
Less Total Deductions 25,461,942   25,461,942 25,461,942
Total Taxable Value 143,026,241 143,026,241 143,026,241 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