taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

060/Delta

116-903/Commerce ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 1,245,210 N/A 1,245,210 1,245,210
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 6,790 N/A 6,790 6,790
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 106,310 N/A 106,310 106,310
D2. Real Prop Farm & Ranch 34,150 N/A 34,150 34,150
E. Real Prop NonQual Acres 1,087,130 N/A 1,087,130 1,087,130
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 12,360 N/A 12,360 12,360
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 0 N/A 0 0
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 2,491,950 2,491,950 2,491,950
Less Total Deductions 538,745   538,745 538,745
Total Taxable Value 1,953,205 1,953,205 1,953,205 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
2,148,325 1,953,205 2,148,325 1,953,205 1,953,205 1,953,205


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
195,120 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
2,148,325 1,953,205 2,148,325 1,953,205 1,953,205 1,953,205

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

116-903/Commerce ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 107,832,476 N/A 107,832,476 107,832,476
B. Multi-Family Residences 35,830,642 N/A 35,830,642 35,830,642
C1. Vacant Lots 5,774,565 N/A 5,774,565 5,774,565
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,266,780 N/A 5,266,780 5,266,780
D2. Real Prop Farm & Ranch 3,239,030 N/A 3,239,030 3,239,030
E. Real Prop NonQual Acres 107,487,154 N/A 107,487,154 107,487,154
F1. Commercial Real 49,141,638 N/A 49,141,638 49,141,638
F2. Industrial Real 24,642,070 N/A 24,642,070 24,642,070
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 29,336,240 N/A 29,336,240 29,336,240
L1. Commercial Personal 31,015,542 N/A 31,015,542 31,015,542
L2. Industrial Personal 60,244,595 N/A 60,244,595 60,244,595
M. Other Personal 1,332,760 N/A 1,332,760 1,332,760
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 254,550 N/A 254,550 254,550
S. Special Inventory 1,634,080 N/A 1,634,080 1,634,080
Subtotal 463,032,122 463,032,122 463,032,122
Less Total Deductions 63,444,730   63,444,730 63,444,730
Total Taxable Value 399,587,392 399,587,392 399,587,392 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
415,380,180 399,587,392 415,380,180 399,587,392 401,128,657 401,128,657


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
15,792,788 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
415,380,180 399,587,392 415,380,180 399,587,392 401,128,657 401,128,657

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

116-903/Commerce ISD



Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 109,077,686 N/A 109,077,686 109,077,686
B. Multi-Family Residences 35,830,642 N/A 35,830,642 35,830,642
C1. Vacant Lots 5,781,355 N/A 5,781,355 5,781,355
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,373,090 N/A 5,373,090 5,373,090
D2. Real Prop Farm & Ranch 3,273,180 N/A 3,273,180 3,273,180
E. Real Prop NonQual Acres 108,574,284 N/A 108,574,284 108,574,284
F1. Commercial Real 49,141,638 N/A 49,141,638 49,141,638
F2. Industrial Real 24,642,070 N/A 24,642,070 24,642,070
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 29,348,600 N/A 29,348,600 29,348,600
L1. Commercial Personal 31,015,542 N/A 31,015,542 31,015,542
L2. Industrial Personal 60,244,595 N/A 60,244,595 60,244,595
M. Other Personal 1,332,760 N/A 1,332,760 1,332,760
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 254,550 N/A 254,550 254,550
S. Special Inventory 1,634,080 N/A 1,634,080 1,634,080
Subtotal 465,524,072 465,524,072 465,524,072
Less Total Deductions 63,983,475   63,983,475 63,983,475
Total Taxable Value 401,540,597 401,540,597 401,540,597 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