taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

128/Karnes

128-904/Falls City ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 21,911,213 N/A 21,911,213 21,911,213
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 505,298 N/A 505,298 505,298
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,580,490 1.1347 4,918,104 5,580,490
D2. Real Prop Farm & Ranch 1,830,650 N/A 1,830,650 1,830,650
E. Real Prop NonQual Acres 51,145,718 .9447 54,139,640 51,145,718
F1. Commercial Real 3,261,388 N/A 3,261,388 3,261,388
F2. Industrial Real 234,680 N/A 234,680 234,680
G. Oil, Gas, Minerals 857,419,285 1.0117 847,503,494 857,419,285
J. Utilities 36,329,370 N/A 36,329,370 36,329,370
L1. Commercial Personal 2,730,680 N/A 2,730,680 2,730,680
L2. Industrial Personal 51,452,420 N/A 51,452,420 51,452,420
M. Other Personal 1,056,108 N/A 1,056,108 1,056,108
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 1,033,457,300 1,025,873,045 1,033,457,300
Less Total Deductions 23,297,083   23,297,083 23,297,083
Total Taxable Value 1,010,160,217 1,002,575,962 1,010,160,217 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
1,014,549,641 1,010,160,217 1,014,549,641 1,010,160,217 1,010,511,429 1,010,511,429


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,389,424 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
1,014,549,641 1,010,160,217 1,014,549,641 1,010,160,217 1,010,511,429 1,010,511,429

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

247/Wilson

128-904/Falls City ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 2,927,690 N/A 2,927,690 2,927,690
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 0 N/A 0 0
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 992,820 N/A 992,820 992,820
D2. Real Prop Farm & Ranch 710,250 N/A 710,250 710,250
E. Real Prop NonQual Acres 7,269,780 N/A 7,269,780 7,269,780
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 19,961,278 N/A 19,961,278 19,961,278
J. Utilities 789,660 N/A 789,660 789,660
L1. Commercial Personal 17,480 N/A 17,480 17,480
L2. Industrial Personal 384,130 N/A 384,130 384,130
M. Other Personal 237,370 N/A 237,370 237,370
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 33,290,458 33,290,458 33,290,458
Less Total Deductions 1,451,786   1,451,786 1,451,786
Total Taxable Value 31,838,672 31,838,672 31,838,672 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
32,386,032 31,838,672 32,386,032 31,838,672 31,838,672 31,838,672


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
547,360 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
32,386,032 31,838,672 32,386,032 31,838,672 31,838,672 31,838,672

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

128-904/Falls City ISD



Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 24,838,903 N/A 24,838,903 24,838,903
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 505,298 N/A 505,298 505,298
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,573,310 1.1121 5,910,924 6,573,310
D2. Real Prop Farm & Ranch 2,540,900 N/A 2,540,900 2,540,900
E. Real Prop NonQual Acres 58,415,498 .9512 61,409,420 58,415,498
F1. Commercial Real 3,261,388 N/A 3,261,388 3,261,388
F2. Industrial Real 234,680 N/A 234,680 234,680
G. Oil, Gas, Minerals 877,380,563 1.0114 867,464,772 877,380,563
J. Utilities 37,119,030 N/A 37,119,030 37,119,030
L1. Commercial Personal 2,748,160 N/A 2,748,160 2,748,160
L2. Industrial Personal 51,836,550 N/A 51,836,550 51,836,550
M. Other Personal 1,293,478 N/A 1,293,478 1,293,478
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 1,066,747,758 1,059,163,503 1,066,747,758
Less Total Deductions 24,748,869   24,748,869 24,748,869
Total Taxable Value 1,041,998,889 1,034,414,634 1,041,998,889 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