taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

116/Hunt

116-901/Caddo Mills ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 138,034,136 N/A 138,034,136 138,034,136
B. Multi-Family Residences 1,141,040 N/A 1,141,040 1,141,040
C1. Vacant Lots 4,219,340 N/A 4,219,340 4,219,340
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,362,823 N/A 3,356,947 3,362,823
D2. Real Prop Farm & Ranch 2,554,770 N/A 2,554,770 2,554,770
E. Real Prop NonQual Acres 133,461,268 N/A 133,461,268 133,461,268
F1. Commercial Real 28,150,705 N/A 28,150,705 28,150,705
F2. Industrial Real 2,774,100 N/A 2,774,100 2,774,100
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 18,730,710 N/A 18,730,710 18,730,710
L1. Commercial Personal 18,644,132 N/A 18,644,132 18,644,132
L2. Industrial Personal 59,041,190 N/A 59,041,190 59,041,190
M. Other Personal 1,945,950 N/A 1,945,950 1,945,950
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 687,260 N/A 687,260 687,260
S. Special Inventory 989,600 N/A 989,600 989,600
Subtotal 413,737,024 413,731,148 413,737,024
Less Total Deductions 46,708,857   46,708,857 46,708,857
Total Taxable Value 367,028,167 367,022,291 367,028,167 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
383,786,969 367,028,167 383,786,969 367,028,167 367,832,564 367,832,564


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
16,758,802 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
383,786,969 367,028,167 383,786,969 367,028,167 367,832,564 367,832,564

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