taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

035/Castro

059-901/Hereford ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 911,990 N/A 911,990 911,990
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 50,380 N/A 50,380 50,380
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 9,062,440 N/A 9,062,440 9,062,440
D2. Real Prop Farm & Ranch 4,620,420 N/A 4,620,420 4,620,420
E. Real Prop NonQual Acres 2,629,020 N/A 2,629,020 2,629,020
F1. Commercial Real 232,920 N/A 232,920 232,920
F2. Industrial Real 3,107,930 N/A 3,107,930 3,107,930
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 5,259,620 N/A 5,259,620 5,259,620
L1. Commercial Personal 35,670 N/A 35,670 35,670
L2. Industrial Personal 4,576,240 N/A 4,576,240 4,576,240
M. Other Personal 69,610 N/A 69,610 69,610
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 30,556,240 30,556,240 30,556,240
Less Total Deductions 660,297   660,297 660,297
Total Taxable Value 29,895,943 29,895,943 29,895,943 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
30,105,943 29,895,943 30,105,943 29,895,943 29,895,943 29,895,943


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
210,000 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
30,105,943 29,895,943 30,105,943 29,895,943 29,895,943 29,895,943

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

059/Deaf Smith

059-901/Hereford ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 317,121,599 N/A 317,121,599 317,121,599
B. Multi-Family Residences 16,580,492 N/A 16,580,492 16,580,492
C1. Vacant Lots 6,818,500 N/A 6,818,500 6,818,500
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 45,083,602 N/A 45,083,602 45,083,602
D2. Real Prop Farm & Ranch 9,896,200 N/A 9,896,200 9,896,200
E. Real Prop NonQual Acres 71,490,900 N/A 71,490,900 71,490,900
F1. Commercial Real 113,691,100 N/A 113,691,100 113,691,100
F2. Industrial Real 241,483,200 N/A 241,483,200 241,483,200
G. Oil, Gas, Minerals 500 N/A 500 500
J. Utilities 121,061,000 N/A 121,061,000 121,061,000
L1. Commercial Personal 141,846,400 N/A 141,846,400 141,846,400
L2. Industrial Personal 117,619,900 N/A 117,619,900 117,619,900
M. Other Personal 1,534,900 N/A 1,534,900 1,534,900
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 4,568,100 N/A 4,568,100 4,568,100
Subtotal 1,208,796,393 1,208,796,393 1,208,796,393
Less Total Deductions 96,417,379   96,417,379 96,417,379
Total Taxable Value 1,112,379,014 1,112,379,014 1,112,379,014 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
1,143,437,616 1,112,379,014 1,143,437,616 1,112,379,014 1,119,008,245 1,119,008,245


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
31,058,602 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
1,143,437,616 1,112,379,014 1,143,437,616 1,112,379,014 1,119,008,245 1,119,008,245

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

185/Parmer

059-901/Hereford ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 62,060 N/A 62,060 62,060
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 0 N/A 0 0
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 633,123 N/A 633,123 633,123
D2. Real Prop Farm & Ranch 48,216 N/A 48,216 48,216
E. Real Prop NonQual Acres 406,962 N/A 406,962 406,962
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 2,166,990 N/A 2,166,990 2,166,990
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 3,363,140 N/A 3,363,140 3,363,140
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 1,960,000 N/A 1,960,000 1,960,000
M. Other Personal 6,304 N/A 6,304 6,304
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 8,646,795 8,646,795 8,646,795
Less Total Deductions 71,784   71,784 71,784
Total Taxable Value 8,575,011 8,575,011 8,575,011 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
8,611,071 8,575,011 8,611,071 8,575,011 8,575,011 8,575,011


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
36,060 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
8,611,071 8,575,011 8,611,071 8,575,011 8,575,011 8,575,011

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

059-901/Hereford ISD



Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 318,095,649 N/A 318,095,649 318,095,649
B. Multi-Family Residences 16,580,492 N/A 16,580,492 16,580,492
C1. Vacant Lots 6,868,880 N/A 6,868,880 6,868,880
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 54,779,165 N/A 54,779,165 54,779,165
D2. Real Prop Farm & Ranch 14,564,836 N/A 14,564,836 14,564,836
E. Real Prop NonQual Acres 74,526,882 N/A 74,526,882 74,526,882
F1. Commercial Real 113,924,020 N/A 113,924,020 113,924,020
F2. Industrial Real 246,758,120 N/A 246,758,120 246,758,120
G. Oil, Gas, Minerals 500 N/A 500 500
J. Utilities 129,683,760 N/A 129,683,760 129,683,760
L1. Commercial Personal 141,882,070 N/A 141,882,070 141,882,070
L2. Industrial Personal 124,156,140 N/A 124,156,140 124,156,140
M. Other Personal 1,610,814 N/A 1,610,814 1,610,814
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 4,568,100 N/A 4,568,100 4,568,100
Subtotal 1,247,999,428 1,247,999,428 1,247,999,428
Less Total Deductions 97,149,460   97,149,460 97,149,460
Total Taxable Value 1,150,849,968 1,150,849,968 1,150,849,968 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