taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

123/Jefferson

123-914/Hamshire-Fannett ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 396,885,589 .9731 407,856,941 396,885,589
B. Multi-Family Residences 649,820 N/A 649,820 649,820
C1. Vacant Lots 17,922,503 N/A 17,922,503 17,922,503
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 12,474,587 1.2652 9,859,812 12,474,587
D2. Real Prop Farm & Ranch 2,564,693 N/A 2,564,693 2,564,693
E. Real Prop NonQual Acres 70,041,558 .9924 70,577,950 70,041,558
F1. Commercial Real 22,121,160 N/A 22,121,160 22,121,160
F2. Industrial Real 55,326,120 N/A 55,326,120 55,326,120
G. Oil, Gas, Minerals 65,101,276 .9986 65,192,546 65,101,276
J. Utilities 79,977,520 .9519 84,018,826 79,977,520
L1. Commercial Personal 17,218,830 N/A 17,218,830 17,218,830
L2. Industrial Personal 43,932,670 N/A 43,932,670 43,932,670
M. Other Personal 6,090,450 N/A 6,090,450 6,090,450
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 1,437,540 N/A 1,437,540 1,437,540
S. Special Inventory 0 N/A 0 0
Subtotal 791,744,316 804,769,861 791,744,316
Less Total Deductions 96,151,316   99,051,282 96,151,316
Total Taxable Value 695,593,000 705,718,579 695,593,000 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
720,501,405 695,593,000 720,501,405 695,593,000 697,720,360 697,720,360


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
24,908,405 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
720,501,405 695,593,000 720,501,405 695,593,000 697,720,360 697,720,360

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