taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

238/Ward

238-902/Monahans-Wickett-Pyote ISD

* This district is in year 1 of the grace period.


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 119,293,600 .4190 284,710,263 119,293,600
B. Multi-Family Residences 2,173,790 N/A 2,173,790 2,173,790
C1. Vacant Lots 6,357,550 N/A 6,357,550 6,357,550
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 687,330 .5250 1,309,091 687,330
D2. Real Prop Farm & Ranch 520,400 N/A 520,400 520,400
E. Real Prop NonQual Acres 5,941,770 N/A 5,941,770 5,941,770
F1. Commercial Real 39,298,310 N/A 39,298,310 39,298,310
F2. Industrial Real 66,853,380 N/A 66,853,380 66,853,380
G. Oil, Gas, Minerals 1,712,183,200 .9815 1,744,455,629 1,712,183,200
J. Utilities 189,436,160 .9456 200,334,349 189,436,160
L1. Commercial Personal 25,886,480 N/A 25,886,480 25,886,480
L2. Industrial Personal 255,780,840 N/A 255,780,840 255,780,840
M. Other Personal 7,366,490 N/A 7,366,490 7,366,490
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 2,431,779,300 2,640,988,342 2,431,779,300
Less Total Deductions 50,378,700   86,348,229 50,378,700
Total Taxable Value 2,381,400,600 2,554,640,113 2,381,400,600 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
2,401,491,990 2,381,400,600 2,393,815,900 2,373,724,510 2,381,400,600 2,373,724,510


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
20,091,390 7,676,090


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
2,401,491,990 2,381,400,600 2,393,815,900 2,373,724,510 2,381,400,600 2,373,724,510

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 invalid, but local value was certified because your school district is in year one of the grace period.