taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

015/Bexar

015-917/Southside 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 384,724,213 .8743 440,036,844 384,724,213
B. Multi-Family Residences 24,324,300 N/A 24,324,300 24,324,300
C1. Vacant Lots 67,555,556 .8976 75,262,429 67,555,556
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,608,797 .8784 2,969,906 2,608,797
D2. Real Prop Farm & Ranch 2,300,140 N/A 2,300,140 2,300,140
E. Real Prop NonQual Acres 65,111,204 .9254 70,360,065 65,111,204
F1. Commercial Real 77,073,576 .9837 78,350,692 77,073,576
F2. Industrial Real 58,541,696 N/A 58,541,696 58,541,696
G. Oil, Gas, Minerals 1,519,733 N/A 1,519,733 1,519,733
J. Utilities 18,888,330 N/A 18,888,330 18,888,330
L1. Commercial Personal 397,219,860 .9997 397,339,062 397,219,860
L2. Industrial Personal 170,134,134 N/A 170,134,134 170,134,134
M. Other Personal 47,038,390 N/A 47,038,390 47,038,390
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 6,637,814 N/A 6,637,814 6,637,814
S. Special Inventory 437,842 N/A 437,842 437,842
Subtotal 1,324,115,585 1,394,141,377 1,324,115,585
Less Total Deductions 188,509,280   202,122,216 188,509,280
Total Taxable Value 1,135,606,305 1,192,019,161 1,135,606,305 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
1,172,191,506 1,135,606,305 1,172,191,506 1,135,606,305 1,139,803,544 1,139,803,544


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
36,585,201 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
1,172,191,506 1,135,606,305 1,172,191,506 1,135,606,305 1,139,803,544 1,139,803,544

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.