taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

003/Angelina

003-906/Zavalla 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 78,352,740 .9002 87,039,258 78,352,740
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 7,000,640 .9506 7,364,444 7,000,640
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 8,297,848 1.0562 7,856,271 8,297,848
D2. Real Prop Farm & Ranch 183,260 N/A 183,260 183,260
E. Real Prop NonQual Acres 21,861,980 .8742 25,007,984 21,861,980
F1. Commercial Real 2,846,480 N/A 2,846,480 2,846,480
F2. Industrial Real 503,590 N/A 503,590 503,590
G. Oil, Gas, Minerals 1,370 N/A 1,370 1,370
J. Utilities 5,562,420 N/A 5,562,420 5,562,420
L1. Commercial Personal 1,346,710 N/A 1,346,710 1,346,710
L2. Industrial Personal 3,716,170 N/A 3,716,170 3,716,170
M. Other Personal 2,526,970 N/A 2,526,970 2,526,970
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 4,440 N/A 4,440 4,440
S. Special Inventory 0 N/A 0 0
Subtotal 132,204,618 143,959,367 132,204,618
Less Total Deductions 31,243,422   34,712,645 31,243,422
Total Taxable Value 100,961,196 109,246,722 100,961,196 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
108,326,361 100,961,196 103,197,393 95,832,228 101,606,440 96,477,472


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
7,365,165 5,128,968


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
108,326,361 100,961,196 103,197,393 95,832,228 101,606,440 96,477,472

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.