taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

150/Llano

150-901/Llano ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 2,701,232,790 .9514 2,839,218,825 2,701,232,790
B. Multi-Family Residences 64,922,440 N/A 64,922,440 64,922,440
C1. Vacant Lots 198,575,806 .9985 198,874,117 198,575,806
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 38,730,174 1.0049 38,541,883 38,730,174
D2. Real Prop Farm & Ranch 14,215,276 N/A 14,215,276 14,215,276
E. Real Prop NonQual Acres 171,946,820 N/A 171,946,820 171,946,820
F1. Commercial Real 169,520,788 N/A 169,520,788 169,520,788
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 232,498 N/A 232,498 232,498
J. Utilities 34,918,470 N/A 34,918,470 34,918,470
L1. Commercial Personal 36,057,400 N/A 36,057,400 36,057,400
L2. Industrial Personal 4,693,690 N/A 4,693,690 4,693,690
M. Other Personal 5,748,470 N/A 5,748,470 5,748,470
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 59,466,038 N/A 59,466,038 59,466,038
S. Special Inventory 426,480 N/A 426,480 426,480
Subtotal 3,500,687,140 3,638,783,195 3,500,687,140
Less Total Deductions 370,455,572   408,605,761 370,455,572
Total Taxable Value 3,130,231,568 3,230,177,434 3,130,231,568 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
3,178,185,636 3,130,231,568 3,121,446,283 3,073,492,215 3,167,298,006 3,110,558,653


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
47,954,068 56,739,353


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
3,178,185,636 3,130,231,568 3,121,446,283 3,073,492,215 3,167,298,006 3,110,558,653

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