taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

127/Jones

221-904/Merkel ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 230,300 N/A 230,300 230,300
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 90,200 N/A 90,200 90,200
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,388,280 .9500 2,514,049 2,388,280
D2. Real Prop Farm & Ranch 394,090 N/A 394,090 394,090
E. Real Prop NonQual Acres 25,390,510 .9298 27,307,496 25,390,510
F1. Commercial Real 242,020 N/A 242,020 242,020
F2. Industrial Real 108,260 N/A 108,260 108,260
G. Oil, Gas, Minerals 14,520,700 .9967 14,568,777 14,520,700
J. Utilities 5,957,190 .9665 6,163,673 5,957,190
L1. Commercial Personal 484,800 N/A 484,800 484,800
L2. Industrial Personal 3,146,870 N/A 3,146,870 3,146,870
M. Other Personal 580,890 N/A 580,890 580,890
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 53,534,110 55,831,425 53,534,110
Less Total Deductions 7,467,381   7,467,381 7,467,381
Total Taxable Value 46,066,729 48,364,044 46,066,729 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
47,943,449 46,066,729 47,943,449 46,066,729 46,066,729 46,066,729


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,876,720 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
47,943,449 46,066,729 47,943,449 46,066,729 46,066,729 46,066,729

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

221/Taylor

221-904/Merkel ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 79,109,923 N/A 79,109,923 79,109,923
B. Multi-Family Residences 963,635 N/A 963,635 963,635
C1. Vacant Lots 5,207,414 N/A 5,207,414 5,207,414
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 10,102,477 N/A 10,102,477 10,102,477
D2. Real Prop Farm & Ranch 1,044,772 N/A 1,044,772 1,044,772
E. Real Prop NonQual Acres 35,219,540 N/A 35,219,540 35,219,540
F1. Commercial Real 36,473,572 N/A 36,473,572 36,473,572
F2. Industrial Real 77,194,995 N/A 77,194,995 77,194,995
G. Oil, Gas, Minerals 8,020,031 N/A 8,020,031 8,020,031
J. Utilities 38,695,835 N/A 38,695,835 38,695,835
L1. Commercial Personal 64,822,847 N/A 64,822,847 64,822,847
L2. Industrial Personal 19,187,168 N/A 19,187,168 19,187,168
M. Other Personal 7,155,842 N/A 7,155,842 7,155,842
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 1,051,147 N/A 1,051,147 1,051,147
Subtotal 384,249,198 384,249,198 384,249,198
Less Total Deductions 31,459,364   31,459,364 31,459,364
Total Taxable Value 352,789,834 352,789,834 352,789,834 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
365,337,639 352,789,834 365,337,639 352,789,834 352,789,834 352,789,834


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
12,547,805 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
365,337,639 352,789,834 365,337,639 352,789,834 352,789,834 352,789,834

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

221-904/Merkel ISD



Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 79,340,223 N/A 79,340,223 79,340,223
B. Multi-Family Residences 963,635 N/A 963,635 963,635
C1. Vacant Lots 5,297,614 N/A 5,297,614 5,297,614
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 12,490,757 .9900 12,616,526 12,490,757
D2. Real Prop Farm & Ranch 1,438,862 N/A 1,438,862 1,438,862
E. Real Prop NonQual Acres 60,610,050 .9693 62,527,036 60,610,050
F1. Commercial Real 36,715,592 N/A 36,715,592 36,715,592
F2. Industrial Real 77,303,255 N/A 77,303,255 77,303,255
G. Oil, Gas, Minerals 22,540,731 .9979 22,588,808 22,540,731
J. Utilities 44,653,025 .9954 44,859,508 44,653,025
L1. Commercial Personal 65,307,647 N/A 65,307,647 65,307,647
L2. Industrial Personal 22,334,038 N/A 22,334,038 22,334,038
M. Other Personal 7,736,732 N/A 7,736,732 7,736,732
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 1,051,147 N/A 1,051,147 1,051,147
Subtotal 437,783,308 440,080,623 437,783,308
Less Total Deductions 38,926,745   38,926,745 38,926,745
Total Taxable Value 398,856,563 401,153,878 398,856,563 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