taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

001/Anderson

001-903/Elkhart ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 86,475,216 N/A 86,475,216 86,475,216
B. Multi-Family Residences 593,305 N/A 593,305 593,305
C1. Vacant Lots 165,559 N/A 165,559 165,559
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 7,651,079 N/A 7,651,079 7,651,079
D2. Real Prop Farm & Ranch 664,216 N/A 664,216 664,216
E. Real Prop NonQual Acres 135,277,844 N/A 135,277,844 135,277,844
F1. Commercial Real 11,754,208 N/A 11,754,208 11,754,208
F2. Industrial Real 1,415,095 N/A 1,415,095 1,415,095
G. Oil, Gas, Minerals 52,883,804 N/A 52,883,804 52,883,804
J. Utilities 27,305,576 N/A 27,305,576 27,305,576
L1. Commercial Personal 6,711,972 N/A 6,711,972 6,711,972
L2. Industrial Personal 9,783,249 N/A 9,783,249 9,783,249
M. Other Personal 9,389,478 N/A 9,389,478 9,389,478
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 22,304 N/A 22,304 22,304
S. Special Inventory 161,855 N/A 161,855 161,855
Subtotal 350,254,760 350,254,760 350,254,760
Less Total Deductions 47,522,772   47,522,772 47,522,772
Total Taxable Value 302,731,988 302,731,988 302,731,988 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
316,925,710 302,731,988 316,925,710 302,731,988 302,731,988 302,731,988


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
14,193,722 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
316,925,710 302,731,988 316,925,710 302,731,988 302,731,988 302,731,988

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

113/Houston

001-903/Elkhart ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 198,710 N/A 198,710 198,710
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 8,100 N/A 8,100 8,100
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 726,750 N/A 726,750 726,750
D2. Real Prop Farm & Ranch 596,110 N/A 596,110 596,110
E. Real Prop NonQual Acres 1,693,810 N/A 1,693,810 1,693,810
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 170,320 N/A 170,320 170,320
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 64,720 N/A 64,720 64,720
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 3,458,520 3,458,520 3,458,520
Less Total Deductions 494,986   494,986 494,986
Total Taxable Value 2,963,534 2,963,534 2,963,534 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
3,110,644 2,963,534 3,110,644 2,963,534 2,963,534 2,963,534


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
147,110 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
3,110,644 2,963,534 3,110,644 2,963,534 2,963,534 2,963,534

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

001-903/Elkhart ISD



Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 86,673,926 N/A 86,673,926 86,673,926
B. Multi-Family Residences 593,305 N/A 593,305 593,305
C1. Vacant Lots 173,659 N/A 173,659 173,659
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 8,377,829 N/A 8,377,829 8,377,829
D2. Real Prop Farm & Ranch 1,260,326 N/A 1,260,326 1,260,326
E. Real Prop NonQual Acres 136,971,654 N/A 136,971,654 136,971,654
F1. Commercial Real 11,754,208 N/A 11,754,208 11,754,208
F2. Industrial Real 1,415,095 N/A 1,415,095 1,415,095
G. Oil, Gas, Minerals 52,883,804 N/A 52,883,804 52,883,804
J. Utilities 27,475,896 N/A 27,475,896 27,475,896
L1. Commercial Personal 6,711,972 N/A 6,711,972 6,711,972
L2. Industrial Personal 9,783,249 N/A 9,783,249 9,783,249
M. Other Personal 9,454,198 N/A 9,454,198 9,454,198
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 22,304 N/A 22,304 22,304
S. Special Inventory 161,855 N/A 161,855 161,855
Subtotal 353,713,280 353,713,280 353,713,280
Less Total Deductions 48,017,758   48,017,758 48,017,758
Total Taxable Value 305,695,522 305,695,522 305,695,522 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