taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

015/Bexar

015-912/Southwest 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 1,105,250,105 .9049 1,221,405,796 1,105,250,105
B. Multi-Family Residences 2,641,475 N/A 2,641,475 2,641,475
C1. Vacant Lots 48,874,837 N/A 48,874,837 48,874,837
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,307,113 .8183 5,263,369 4,307,113
D2. Real Prop Farm & Ranch 3,612,926 N/A 3,612,926 3,612,926
E. Real Prop NonQual Acres 107,627,052 .8610 125,002,383 107,627,052
F1. Commercial Real 219,012,874 1.0108 216,672,808 219,012,874
F2. Industrial Real 297,062,462 N/A 297,062,462 297,062,462
G. Oil, Gas, Minerals 3,681,720 N/A 3,681,720 3,681,720
J. Utilities 36,818,257 N/A 36,818,257 36,818,257
L1. Commercial Personal 412,342,844 .9676 426,150,107 412,342,844
L2. Industrial Personal 498,567,740 N/A 498,567,740 498,567,740
M. Other Personal 35,746,441 N/A 35,746,441 35,746,441
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 20,325,619 N/A 20,325,619 20,325,619
S. Special Inventory 13,642,270 N/A 13,642,270 13,642,270
Subtotal 2,809,513,735 2,955,468,210 2,809,513,735
Less Total Deductions 774,926,608   793,424,227 774,926,608
Total Taxable Value 2,034,587,127 2,162,043,983 2,034,587,127 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
2,118,138,624 2,034,587,127 2,118,138,624 2,034,587,127 2,042,903,137 2,042,903,137


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
83,551,497 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
2,629,506,614 2,545,955,117 2,629,506,614 2,545,955,117 2,554,271,127 2,554,271,127

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.