taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

214/Starr

214-903/Roma ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 201,549,230 .5189 388,416,323 388,416,323
B. Multi-Family Residences 9,485,370 N/A 9,485,370 9,485,370
C1. Vacant Lots 29,072,300 .6380 45,567,868 45,567,868
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 20,742,670 .8947 23,183,765 23,183,765
D2. Real Prop Farm & Ranch 0 N/A 0 0
E. Real Prop NonQual Acres 14,484,220 N/A 14,484,220 14,484,220
F1. Commercial Real 43,066,550 .9688 44,453,499 44,453,499
F2. Industrial Real 4,221,460 N/A 4,221,460 4,221,460
G. Oil, Gas, Minerals 52,650,310 .9634 54,650,519 54,650,519
J. Utilities 34,873,680 .9727 35,852,452 35,852,452
L1. Commercial Personal 21,040,360 N/A 21,040,360 21,040,360
L2. Industrial Personal 4,877,880 N/A 4,877,880 4,877,880
M. Other Personal 1,047,680 N/A 1,047,680 1,047,680
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 352,210 N/A 352,210 352,210
Subtotal 437,463,920 647,633,606 647,633,606
Less Total Deductions 80,794,765   98,903,655 98,903,655
Total Taxable Value 356,669,155 548,729,951 548,729,951 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
591,532,081 548,729,951 591,532,081 548,729,951 549,248,836 549,248,836


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
42,802,130 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
591,532,081 548,729,951 591,532,081 548,729,951 549,248,836 549,248,836

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)