taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

081/Freestone

145-901/Buffalo ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 2,488,367 N/A 2,488,367 2,488,367
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) 2,530,246 N/A 2,530,246 2,530,246
D2. Real Prop Farm & Ranch 996,782 N/A 996,782 996,782
E. Real Prop NonQual Acres 22,263,788 N/A 22,263,788 22,263,788
F1. Commercial Real 633,751 N/A 633,751 633,751
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 20,524,640 N/A 20,524,640 20,524,640
J. Utilities 17,229,840 N/A 17,229,840 17,229,840
L1. Commercial Personal 298,132 N/A 298,132 298,132
L2. Industrial Personal 11,238,450 N/A 11,238,450 11,238,450
M. Other Personal 1,350,747 N/A 1,350,747 1,350,747
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 79,554,743 79,554,743 79,554,743
Less Total Deductions 3,905,645   3,905,645 3,905,645
Total Taxable Value 75,649,098 75,649,098 75,649,098 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
76,696,745 75,649,098 76,453,933 75,406,286 75,775,586 75,532,774


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,047,647 242,812


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
76,696,745 75,649,098 76,453,933 75,406,286 75,775,586 75,532,774

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

145/Leon

145-901/Buffalo ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 37,792,340 .8200 46,088,220 46,088,220
B. Multi-Family Residences 908,030 N/A 908,030 908,030
C1. Vacant Lots 1,915,460 N/A 1,915,460 1,915,460
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 7,050,120 1.3138 5,366,126 5,366,126
D2. Real Prop Farm & Ranch 3,928,190 N/A 3,928,190 3,928,190
E. Real Prop NonQual Acres 97,921,750 .8030 121,944,894 121,944,894
F1. Commercial Real 29,946,220 .9823 30,485,819 30,485,819
F2. Industrial Real 2,060,670 N/A 2,060,670 2,060,670
G. Oil, Gas, Minerals 78,113,150 1.0417 74,986,224 74,986,224
J. Utilities 55,226,280 1.1511 47,976,961 47,976,961
L1. Commercial Personal 14,273,280 N/A 14,273,280 14,273,280
L2. Industrial Personal 54,676,470 N/A 54,676,470 54,676,470
M. Other Personal 4,947,510 N/A 4,947,510 4,947,510
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 440,800 N/A 440,800 440,800
Subtotal 389,200,270 409,998,654 409,998,654
Less Total Deductions 29,648,161   33,622,998 33,622,998
Total Taxable Value 359,552,109 376,375,656 376,375,656 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
387,054,276 376,375,656 384,690,156 374,011,536 376,375,656 374,011,536


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
10,678,620 2,364,120


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
387,054,276 376,375,656 384,690,156 374,011,536 376,375,656 374,011,536

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 taxable value to be invalid, and state value was certified because your local value:

1) was invalid in one or more of the previous two years or

2) is less than 90% of the lower end of the margin of error range or

3) The appraisal district that appraises property for the school district was not in compliance with the scoring requirement of the Comptroller's most recent review of the appraisal district conducted under section 5.102, Tax Code (MAP Review)

145-901/Buffalo ISD



Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 40,280,707 .8292 48,576,587 48,576,587
B. Multi-Family Residences 908,030 N/A 908,030 908,030
C1. Vacant Lots 1,915,460 N/A 1,915,460 1,915,460
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 9,580,366 1.2133 7,896,372 7,896,372
D2. Real Prop Farm & Ranch 4,924,972 N/A 4,924,972 4,924,972
E. Real Prop NonQual Acres 120,185,538 .8334 144,208,682 144,208,682
F1. Commercial Real 30,579,971 .9827 31,119,570 31,119,570
F2. Industrial Real 2,060,670 N/A 2,060,670 2,060,670
G. Oil, Gas, Minerals 98,637,790 1.0327 95,510,864 95,510,864
J. Utilities 72,456,120 1.1112 65,206,801 65,206,801
L1. Commercial Personal 14,571,412 N/A 14,571,412 14,571,412
L2. Industrial Personal 65,914,920 N/A 65,914,920 65,914,920
M. Other Personal 6,298,257 N/A 6,298,257 6,298,257
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 440,800 N/A 440,800 440,800
Subtotal 468,755,013 489,553,397 489,553,397
Less Total Deductions 33,553,806   37,528,643 37,528,643
Total Taxable Value 435,201,207 452,024,754 452,024,754 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