taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

153/Lynn

153-904/Tahoka ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 53,957,380 N/A 53,957,380 53,957,380
B. Multi-Family Residences 300,490 N/A 300,490 300,490
C1. Vacant Lots 523,850 N/A 523,850 523,850
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 31,424,540 N/A 31,424,540 31,424,540
D2. Real Prop Farm & Ranch 2,219,030 N/A 2,219,030 2,219,030
E. Real Prop NonQual Acres 8,869,210 N/A 8,869,210 8,869,210
F1. Commercial Real 5,294,850 N/A 5,294,850 5,294,850
F2. Industrial Real 1,956,470 N/A 1,956,470 1,956,470
G. Oil, Gas, Minerals 9,968,450 N/A 9,968,450 9,968,450
J. Utilities 13,226,070 N/A 13,226,070 13,226,070
L1. Commercial Personal 4,553,300 N/A 4,553,300 4,553,300
L2. Industrial Personal 2,636,720 N/A 2,636,720 2,636,720
M. Other Personal 943,200 N/A 943,200 943,200
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 1,037,070 N/A 1,037,070 1,037,070
Subtotal 136,910,630 136,910,630 136,910,630
Less Total Deductions 18,347,589   18,347,589 18,347,589
Total Taxable Value 118,563,041 118,563,041 118,563,041 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
125,223,651 118,563,041 125,223,651 118,563,041 119,297,742 119,297,742


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,660,610 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
125,223,651 118,563,041 125,223,651 118,563,041 119,297,742 119,297,742

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

223/Terry

153-904/Tahoka ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 0 N/A 0 0
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) 478,682 N/A 478,682 478,682
D2. Real Prop Farm & Ranch 378 N/A 378 378
E. Real Prop NonQual Acres 162,000 N/A 162,000 162,000
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 63,087 N/A 63,087 63,087
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 767 N/A 767 767
M. Other Personal 0 N/A 0 0
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 704,914 704,914 704,914
Less Total Deductions 0   0 0
Total Taxable Value 704,914 704,914 704,914 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
704,914 704,914 704,914 704,914 704,914 704,914


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
0 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
704,914 704,914 704,914 704,914 704,914 704,914

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

153-904/Tahoka ISD



Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 53,957,380 N/A 53,957,380 53,957,380
B. Multi-Family Residences 300,490 N/A 300,490 300,490
C1. Vacant Lots 523,850 N/A 523,850 523,850
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 31,903,222 N/A 31,903,222 31,903,222
D2. Real Prop Farm & Ranch 2,219,408 N/A 2,219,408 2,219,408
E. Real Prop NonQual Acres 9,031,210 N/A 9,031,210 9,031,210
F1. Commercial Real 5,294,850 N/A 5,294,850 5,294,850
F2. Industrial Real 1,956,470 N/A 1,956,470 1,956,470
G. Oil, Gas, Minerals 9,968,450 N/A 9,968,450 9,968,450
J. Utilities 13,289,157 N/A 13,289,157 13,289,157
L1. Commercial Personal 4,553,300 N/A 4,553,300 4,553,300
L2. Industrial Personal 2,637,487 N/A 2,637,487 2,637,487
M. Other Personal 943,200 N/A 943,200 943,200
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 1,037,070 N/A 1,037,070 1,037,070
Subtotal 137,615,544 137,615,544 137,615,544
Less Total Deductions 18,347,589   18,347,589 18,347,589
Total Taxable Value 119,267,955 119,267,955 119,267,955 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