taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

116/Hunt

116-902/Celeste ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 18,784,760 N/A 18,784,760 18,784,760
B. Multi-Family Residences 102,000 N/A 102,000 102,000
C1. Vacant Lots 843,750 N/A 843,750 843,750
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,171,780 N/A 3,171,780 3,171,780
D2. Real Prop Farm & Ranch 2,633,261 N/A 2,633,261 2,633,261
E. Real Prop NonQual Acres 64,256,328 N/A 64,256,328 64,256,328
F1. Commercial Real 1,926,950 N/A 1,926,950 1,926,950
F2. Industrial Real 723,950 N/A 723,950 723,950
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 7,468,780 N/A 7,468,780 7,468,780
L1. Commercial Personal 1,042,495 N/A 1,042,495 1,042,495
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 688,140 N/A 688,140 688,140
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 2,330 N/A 2,330 2,330
Subtotal 101,644,524 101,644,524 101,644,524
Less Total Deductions 16,684,008   16,684,008 16,684,008
Total Taxable Value 84,960,516 84,960,516 84,960,516 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
90,919,676 84,960,516 90,919,676 84,960,516 85,098,894 85,098,894


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,959,160 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
90,919,676 84,960,516 90,919,676 84,960,516 85,098,894 85,098,894

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