taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

095/Hale

140-905/Olton ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 931,398 N/A 931,398 931,398
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) 17,642,785 1.2542 14,066,593 17,642,785
D2. Real Prop Farm & Ranch 1,814 N/A 1,814 1,814
E. Real Prop NonQual Acres 4,609,774 .9856 4,677,125 4,609,774
F1. Commercial Real 63,203 N/A 63,203 63,203
F2. Industrial Real 190,408 N/A 190,408 190,408
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 2,060,950 N/A 2,060,950 2,060,950
L1. Commercial Personal 763,319 N/A 763,319 763,319
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 0 N/A 0 0
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 26,263,651 22,754,810 26,263,651
Less Total Deductions 1,124,884   1,124,884 1,124,884
Total Taxable Value 25,138,767 21,629,926 25,138,767 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
25,400,993 25,138,767 25,400,993 25,138,767 25,138,767 25,138,767


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
262,226 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
25,400,993 25,138,767 25,400,993 25,138,767 25,138,767 25,138,767

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 invalid, but local value was certified because local value is greater than PTAD value.

140/Lamb

140-905/Olton ISD

* This district is in year 1 of the grace period.


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 27,874,400 .8436 33,042,200 27,874,400
B. Multi-Family Residences 83,440 N/A 83,440 83,440
C1. Vacant Lots 354,640 N/A 354,640 354,640
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 36,365,352 .9757 37,270,122 36,365,352
D2. Real Prop Farm & Ranch 1,896,900 N/A 1,896,900 1,896,900
E. Real Prop NonQual Acres 15,757,480 .6629 23,770,523 15,757,480
F1. Commercial Real 4,997,970 N/A 4,997,970 4,997,970
F2. Industrial Real 10,069,370 N/A 10,069,370 10,069,370
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 10,829,000 N/A 10,829,000 10,829,000
L1. Commercial Personal 6,581,130 .9914 6,638,219 6,581,130
L2. Industrial Personal 3,153,990 N/A 3,153,990 3,153,990
M. Other Personal 701,130 N/A 701,130 701,130
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 994,200 N/A 994,200 994,200
Subtotal 119,659,002 133,801,704 119,659,002
Less Total Deductions 10,405,397   11,922,859 10,405,397
Total Taxable Value 109,253,605 121,878,845 109,253,605 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
113,993,535 109,253,605 113,993,535 109,253,605 109,898,962 109,898,962


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,739,930 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
113,993,535 109,253,605 113,993,535 109,253,605 109,898,962 109,898,962

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 invalid, but local value was certified because your school district is in year one of the grace period.

140-905/Olton ISD



Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 28,805,798 .8479 33,973,598 28,805,798
B. Multi-Family Residences 83,440 N/A 83,440 83,440
C1. Vacant Lots 354,640 N/A 354,640 354,640
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 54,008,137 1.0520 51,336,715 54,008,137
D2. Real Prop Farm & Ranch 1,898,714 N/A 1,898,714 1,898,714
E. Real Prop NonQual Acres 20,367,254 .7160 28,447,648 20,367,254
F1. Commercial Real 5,061,173 N/A 5,061,173 5,061,173
F2. Industrial Real 10,259,778 N/A 10,259,778 10,259,778
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 12,889,950 N/A 12,889,950 12,889,950
L1. Commercial Personal 7,344,449 .9923 7,401,538 7,344,449
L2. Industrial Personal 3,153,990 N/A 3,153,990 3,153,990
M. Other Personal 701,130 N/A 701,130 701,130
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 994,200 N/A 994,200 994,200
Subtotal 145,922,653 156,556,514 145,922,653
Less Total Deductions 11,530,281   13,047,743 11,530,281
Total Taxable Value 134,392,372 143,508,771 134,392,372 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