taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

006/Armstrong

006-902/Claude ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 42,127,700 N/A 42,127,700 42,127,700
B. Multi-Family Residences 48,550 N/A 48,550 48,550
C1. Vacant Lots 1,234,390 N/A 1,234,390 1,234,390
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 35,433,150 N/A 35,433,150 35,433,150
D2. Real Prop Farm & Ranch 3,411,020 N/A 3,411,020 3,411,020
E. Real Prop NonQual Acres 21,130,560 N/A 21,130,560 21,130,560
F1. Commercial Real 5,195,030 N/A 5,195,030 5,195,030
F2. Industrial Real 1,600,280 N/A 1,600,280 1,600,280
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 68,613,630 N/A 68,613,630 68,613,630
L1. Commercial Personal 9,046,890 N/A 9,046,890 9,046,890
L2. Industrial Personal 429,490 N/A 429,490 429,490
M. Other Personal 855,180 N/A 855,180 855,180
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 189,125,870 189,125,870 189,125,870
Less Total Deductions 20,885,106   20,885,106 20,885,106
Total Taxable Value 168,240,764 168,240,764 168,240,764 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
173,511,384 168,240,764 173,511,384 168,240,764 168,240,764 168,240,764


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,270,620 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
173,511,384 168,240,764 173,511,384 168,240,764 168,240,764 168,240,764

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