taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

205/San Patricio

205-907/Taft ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 96,034,592 N/A 96,034,592 96,034,592
B. Multi-Family Residences 2,424,855 N/A 2,424,855 2,424,855
C1. Vacant Lots 4,422,008 N/A 4,422,008 4,422,008
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 21,624,704 N/A 21,624,704 21,624,704
D2. Real Prop Farm & Ranch 2,099,236 N/A 2,099,236 2,099,236
E. Real Prop NonQual Acres 24,478,209 N/A 24,478,209 24,478,209
F1. Commercial Real 13,607,951 N/A 13,607,951 13,607,951
F2. Industrial Real 238,330,475 N/A 238,330,475 238,330,475
G. Oil, Gas, Minerals 43,320,320 N/A 43,320,320 43,320,320
J. Utilities 57,963,461 N/A 57,963,461 57,963,461
L1. Commercial Personal 17,551,704 N/A 17,551,704 17,551,704
L2. Industrial Personal 14,395,043 N/A 14,395,043 14,395,043
M. Other Personal 630,757 N/A 630,757 630,757
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 3,037,640 N/A 3,037,640 3,037,640
Subtotal 539,920,955 539,920,955 539,920,955
Less Total Deductions 243,816,963   243,816,963 243,816,963
Total Taxable Value 296,103,992 296,103,992 296,103,992 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
305,771,656 296,103,992 305,771,656 296,103,992 296,103,992 296,103,992


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
9,667,664 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
516,416,356 506,748,692 516,416,356 506,748,692 506,748,692 506,748,692

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