taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

013/Bee

013-903/Pettus ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 21,690,540 N/A 21,690,540 21,690,540
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 16,160 N/A 16,160 16,160
C2. Colonia Lots 1,382,180 N/A 1,382,180 1,382,180
D1. Rural Real(Taxable) 5,315,660 N/A 5,315,660 5,315,660
D2. Real Prop Farm & Ranch 2,506,220 N/A 2,506,220 2,506,220
E. Real Prop NonQual Acres 21,238,430 N/A 21,238,430 21,238,430
F1. Commercial Real 1,159,580 N/A 1,159,580 1,159,580
F2. Industrial Real 182,513,070 N/A 182,513,070 182,513,070
G. Oil, Gas, Minerals 35,206,210 N/A 35,206,210 35,206,210
J. Utilities 83,253,660 N/A 83,253,660 83,253,660
L1. Commercial Personal 3,153,100 N/A 3,153,100 3,153,100
L2. Industrial Personal 30,982,220 N/A 30,982,220 30,982,220
M. Other Personal 807,880 N/A 807,880 807,880
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 389,224,910 389,224,910 389,224,910
Less Total Deductions 13,424,315   13,424,315 13,424,315
Total Taxable Value 375,800,595 375,800,595 375,800,595 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
379,500,965 375,800,595 379,500,965 375,800,595 375,800,595 375,800,595


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,700,370 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
379,500,965 375,800,595 379,500,965 375,800,595 375,800,595 375,800,595

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

128/Karnes

013-903/Pettus ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 1,012,416 N/A 1,012,416 1,012,416
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 10,000 N/A 10,000 10,000
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,106,052 1.1401 1,847,327 2,106,052
D2. Real Prop Farm & Ranch 813,817 N/A 813,817 813,817
E. Real Prop NonQual Acres 9,071,163 .9927 9,137,869 9,071,163
F1. Commercial Real 562,274 N/A 562,274 562,274
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 6,616,519 1.0192 6,491,875 6,616,519
J. Utilities 8,264,790 N/A 8,264,790 8,264,790
L1. Commercial Personal 141,470 N/A 141,470 141,470
L2. Industrial Personal 88,586,240 N/A 88,586,240 88,586,240
M. Other Personal 690,344 N/A 690,344 690,344
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 117,875,085 117,558,422 117,875,085
Less Total Deductions 2,672,820   2,672,820 2,672,820
Total Taxable Value 115,202,265 114,885,602 115,202,265 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
115,761,123 115,202,265 115,761,123 115,202,265 115,293,707 115,293,707


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
558,858 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
115,761,123 115,202,265 115,761,123 115,202,265 115,293,707 115,293,707

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

013-903/Pettus ISD



Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 22,702,956 N/A 22,702,956 22,702,956
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 26,160 N/A 26,160 26,160
C2. Colonia Lots 1,382,180 N/A 1,382,180 1,382,180
D1. Rural Real(Taxable) 7,421,712 1.0361 7,162,987 7,421,712
D2. Real Prop Farm & Ranch 3,320,037 N/A 3,320,037 3,320,037
E. Real Prop NonQual Acres 30,309,593 .9978 30,376,299 30,309,593
F1. Commercial Real 1,721,854 N/A 1,721,854 1,721,854
F2. Industrial Real 182,513,070 N/A 182,513,070 182,513,070
G. Oil, Gas, Minerals 41,822,729 1.0030 41,698,085 41,822,729
J. Utilities 91,518,450 N/A 91,518,450 91,518,450
L1. Commercial Personal 3,294,570 N/A 3,294,570 3,294,570
L2. Industrial Personal 119,568,460 N/A 119,568,460 119,568,460
M. Other Personal 1,498,224 N/A 1,498,224 1,498,224
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 507,099,995 506,783,332 507,099,995
Less Total Deductions 16,097,135   16,097,135 16,097,135
Total Taxable Value 491,002,860 490,686,197 491,002,860 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