taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

187/Polk

187-907/Livingston ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 924,406,136 N/A 924,406,136 924,406,136
B. Multi-Family Residences 13,593,702 N/A 13,593,702 13,593,702
C1. Vacant Lots 76,457,514 N/A 76,457,514 76,457,514
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 26,688,713 N/A 26,688,713 26,688,713
D2. Real Prop Farm & Ranch 7,791,193 N/A 7,791,193 7,791,193
E. Real Prop NonQual Acres 122,696,287 N/A 122,696,287 122,696,287
F1. Commercial Real 225,992,912 N/A 225,992,912 225,992,912
F2. Industrial Real 704,344 N/A 704,344 704,344
G. Oil, Gas, Minerals 33,990,200 N/A 33,990,200 33,990,200
J. Utilities 81,941,517 N/A 81,941,517 81,941,517
L1. Commercial Personal 72,054,342 N/A 72,054,342 72,054,342
L2. Industrial Personal 42,764,619 N/A 42,764,619 42,764,619
M. Other Personal 30,529,435 N/A 30,529,435 30,529,435
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 647,710 N/A 647,710 647,710
S. Special Inventory 5,942,616 N/A 5,942,616 5,942,616
Subtotal 1,666,201,240 1,666,201,240 1,666,201,240
Less Total Deductions 274,859,921   274,859,921 274,859,921
Total Taxable Value 1,391,341,319 1,391,341,319 1,391,341,319 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
1,446,345,588 1,391,341,319 1,446,345,588 1,391,341,319 1,399,033,577 1,399,033,577


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
55,004,269 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
1,446,345,588 1,391,341,319 1,446,345,588 1,391,341,319 1,399,033,577 1,399,033,577

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