taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

028/Caldwell

028-902/Lockhart ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 429,576,725 .9736 441,225,067 429,576,725
B. Multi-Family Residences 31,037,252 N/A 31,037,252 31,037,252
C1. Vacant Lots 17,514,771 N/A 17,514,771 17,514,771
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 14,815,047 .9750 15,195,092 14,815,047
D2. Real Prop Farm & Ranch 13,823,961 N/A 13,823,961 13,823,961
E. Real Prop NonQual Acres 342,858,917 1.0018 342,242,880 342,858,917
F1. Commercial Real 104,190,178 .9594 108,599,310 104,190,178
F2. Industrial Real 12,698,520 N/A 12,698,520 12,698,520
G. Oil, Gas, Minerals 47,137,210 N/A 47,137,210 47,137,210
J. Utilities 66,788,680 .7028 95,032,271 66,788,680
L1. Commercial Personal 42,613,000 N/A 42,613,000 42,613,000
L2. Industrial Personal 45,967,080 N/A 45,967,080 45,967,080
M. Other Personal 21,681,146 N/A 21,681,146 21,681,146
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 2,359,010 N/A 2,359,010 2,359,010
S. Special Inventory 2,136,140 N/A 2,136,140 2,136,140
Subtotal 1,195,197,637 1,239,262,710 1,195,197,637
Less Total Deductions 138,349,613   142,734,912 138,349,613
Total Taxable Value 1,056,848,024 1,096,527,798 1,056,848,024 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
1,098,777,846 1,056,848,024 1,098,777,846 1,056,848,024 1,065,303,276 1,065,303,276


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
41,929,822 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
1,098,777,846 1,056,848,024 1,098,777,846 1,056,848,024 1,065,303,276 1,065,303,276

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