taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

118/Irion

118-902/Irion County ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 49,892,390 .8942 55,795,560 49,892,390
B. Multi-Family Residences 136,360 N/A 136,360 136,360
C1. Vacant Lots 3,853,760 N/A 3,853,760 3,853,760
C2. Colonia Lots 376,820 N/A 376,820 376,820
D1. Rural Real(Taxable) 16,138,240 .6127 26,337,909 16,138,240
D2. Real Prop Farm & Ranch 3,176,830 N/A 3,176,830 3,176,830
E. Real Prop NonQual Acres 17,122,540 N/A 17,122,540 17,122,540
F1. Commercial Real 4,454,890 N/A 4,454,890 4,454,890
F2. Industrial Real 53,249,210 N/A 53,249,210 53,249,210
G. Oil, Gas, Minerals 1,156,581,960 1.0061 1,149,569,586 1,156,581,960
J. Utilities 110,960,640 .7660 144,857,232 110,960,640
L1. Commercial Personal 8,378,080 N/A 8,378,080 8,378,080
L2. Industrial Personal 123,889,030 N/A 123,889,030 123,889,030
M. Other Personal 2,236,610 N/A 2,236,610 2,236,610
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 1,550,447,360 1,593,434,417 1,550,447,360
Less Total Deductions 15,908,300   17,797,039 15,908,300
Total Taxable Value 1,534,539,060 1,575,637,378 1,534,539,060 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
1,538,427,090 1,534,539,060 1,538,427,090 1,534,539,060 1,534,539,060 1,534,539,060


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,888,030 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
1,538,427,090 1,534,539,060 1,538,427,090 1,534,539,060 1,534,539,060 1,534,539,060

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