taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

009/Bailey

140-908/Sudan ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 928,761 N/A 928,761 928,761
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 46,717 N/A 46,717 46,717
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 29,876,779 1.1649 25,647,219 29,876,779
D2. Real Prop Farm & Ranch 681,388 N/A 681,388 681,388
E. Real Prop NonQual Acres 6,565,547 .9778 6,714,611 6,565,547
F1. Commercial Real 371,960 N/A 371,960 371,960
F2. Industrial Real 1,655,728 N/A 1,655,728 1,655,728
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 7,462,940 .9344 7,986,879 7,462,940
L1. Commercial Personal 348,459 N/A 348,459 348,459
L2. Industrial Personal 28,850 N/A 28,850 28,850
M. Other Personal 87,210 N/A 87,210 87,210
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 48,054,339 44,497,782 48,054,339
Less Total Deductions 1,957,839   1,957,839 1,957,839
Total Taxable Value 46,096,500 42,539,943 46,096,500 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
46,711,222 46,096,500 46,711,222 46,096,500 46,096,500 46,096,500


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
614,722 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
46,711,222 46,096,500 46,711,222 46,096,500 46,096,500 46,096,500

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 local value is greater than PTAD value.

040/Cochran

140-908/Sudan ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 0 N/A 0 0
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) 1,483,094 N/A 1,483,094 1,483,094
D2. Real Prop Farm & Ranch 0 N/A 0 0
E. Real Prop NonQual Acres 155,082 N/A 155,082 155,082
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 116,273 N/A 116,273 116,273
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 0 N/A 0 0
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 1,754,449 1,754,449 1,754,449
Less Total Deductions 50,000   50,000 50,000
Total Taxable Value 1,704,449 1,704,449 1,704,449 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
1,724,449 1,704,449 1,724,449 1,704,449 1,704,449 1,704,449


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
20,000 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
1,724,449 1,704,449 1,724,449 1,704,449 1,704,449 1,704,449

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

140/Lamb

140-908/Sudan 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 13,298,740 .7963 16,700,666 13,298,740
B. Multi-Family Residences 6,440 N/A 6,440 6,440
C1. Vacant Lots 187,430 N/A 187,430 187,430
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 14,743,309 .9601 15,355,876 14,743,309
D2. Real Prop Farm & Ranch 391,890 N/A 391,890 391,890
E. Real Prop NonQual Acres 4,904,574 N/A 4,904,574 4,904,574
F1. Commercial Real 1,318,910 N/A 1,318,910 1,318,910
F2. Industrial Real 1,602,560 N/A 1,602,560 1,602,560
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 328,820,050 1.0261 320,456,145 328,820,050
L1. Commercial Personal 677,560 N/A 677,560 677,560
L2. Industrial Personal 2,022,880 N/A 2,022,880 2,022,880
M. Other Personal 413,790 N/A 413,790 413,790
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 368,388,133 364,038,721 368,388,133
Less Total Deductions 12,107,033   13,019,484 12,107,033
Total Taxable Value 356,281,100 351,019,237 356,281,100 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
358,938,171 356,281,100 358,938,171 356,281,100 356,459,559 356,459,559


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,657,071 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
358,938,171 356,281,100 358,938,171 356,281,100 356,459,559 356,459,559

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.

140-908/Sudan ISD



Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 14,227,501 .8070 17,629,427 14,227,501
B. Multi-Family Residences 6,440 N/A 6,440 6,440
C1. Vacant Lots 234,147 N/A 234,147 234,147
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 46,103,182 1.0851 42,486,189 46,103,182
D2. Real Prop Farm & Ranch 1,073,278 N/A 1,073,278 1,073,278
E. Real Prop NonQual Acres 11,625,203 .9873 11,774,267 11,625,203
F1. Commercial Real 1,690,870 N/A 1,690,870 1,690,870
F2. Industrial Real 3,258,288 N/A 3,258,288 3,258,288
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 336,399,263 1.0239 328,559,297 336,399,263
L1. Commercial Personal 1,026,019 N/A 1,026,019 1,026,019
L2. Industrial Personal 2,051,730 N/A 2,051,730 2,051,730
M. Other Personal 501,000 N/A 501,000 501,000
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 418,196,921 410,290,952 418,196,921
Less Total Deductions 14,114,872   15,027,323 14,114,872
Total Taxable Value 404,082,049 395,263,629 404,082,049 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