taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

035/Castro

140-907/Springlake-Earth ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 488,800 N/A 488,800 488,800
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 1,580 N/A 1,580 1,580
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 16,161,120 N/A 16,161,120 16,161,120
D2. Real Prop Farm & Ranch 2,439,110 N/A 2,439,110 2,439,110
E. Real Prop NonQual Acres 2,518,200 N/A 2,518,200 2,518,200
F1. Commercial Real 92,510 N/A 92,510 92,510
F2. Industrial Real 7,085,010 N/A 7,085,010 7,085,010
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 2,215,380 N/A 2,215,380 2,215,380
L1. Commercial Personal 70,200 N/A 70,200 70,200
L2. Industrial Personal 396,730 N/A 396,730 396,730
M. Other Personal 43,210 N/A 43,210 43,210
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 31,511,850 31,511,850 31,511,850
Less Total Deductions 557,046   557,046 557,046
Total Taxable Value 30,954,804 30,954,804 30,954,804 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
31,122,234 30,954,804 31,122,234 30,954,804 30,954,804 30,954,804


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
167,430 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
31,122,234 30,954,804 31,122,234 30,954,804 30,954,804 30,954,804

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

140/Lamb

140-907/Springlake-Earth 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 13,890,012 .8187 16,965,936 13,890,012
B. Multi-Family Residences 15,440 N/A 15,440 15,440
C1. Vacant Lots 215,740 N/A 215,740 215,740
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 19,798,643 .9770 20,265,451 19,798,643
D2. Real Prop Farm & Ranch 1,022,300 N/A 1,022,300 1,022,300
E. Real Prop NonQual Acres 6,714,221 .7266 9,240,601 6,714,221
F1. Commercial Real 1,937,760 N/A 1,937,760 1,937,760
F2. Industrial Real 1,814,860 N/A 1,814,860 1,814,860
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 6,172,340 N/A 6,172,340 6,172,340
L1. Commercial Personal 1,836,850 N/A 1,836,850 1,836,850
L2. Industrial Personal 1,559,240 N/A 1,559,240 1,559,240
M. Other Personal 74,770 N/A 74,770 74,770
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 55,052,176 61,121,288 55,052,176
Less Total Deductions 5,485,082   6,464,728 5,485,082
Total Taxable Value 49,567,094 54,656,560 49,567,094 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
52,370,635 49,567,094 52,370,635 49,567,094 49,881,709 49,881,709


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,803,541 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
52,370,635 49,567,094 52,370,635 49,567,094 49,881,709 49,881,709

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.

140-907/Springlake-Earth ISD



Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 14,378,812 .8238 17,454,736 14,378,812
B. Multi-Family Residences 15,440 N/A 15,440 15,440
C1. Vacant Lots 217,320 N/A 217,320 217,320
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 35,959,763 .9872 36,426,571 35,959,763
D2. Real Prop Farm & Ranch 3,461,410 N/A 3,461,410 3,461,410
E. Real Prop NonQual Acres 9,232,421 .7851 11,758,801 9,232,421
F1. Commercial Real 2,030,270 N/A 2,030,270 2,030,270
F2. Industrial Real 8,899,870 N/A 8,899,870 8,899,870
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 8,387,720 N/A 8,387,720 8,387,720
L1. Commercial Personal 1,907,050 N/A 1,907,050 1,907,050
L2. Industrial Personal 1,955,970 N/A 1,955,970 1,955,970
M. Other Personal 117,980 N/A 117,980 117,980
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 86,564,026 92,633,138 86,564,026
Less Total Deductions 6,042,128   7,021,774 6,042,128
Total Taxable Value 80,521,898 85,611,364 80,521,898 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