taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

054/Crosby

054-903/Ralls ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 35,087,392 .9880 35,513,555 35,087,392
B. Multi-Family Residences 87,561 N/A 87,561 87,561
C1. Vacant Lots 718,191 N/A 718,191 718,191
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 33,883,359 1.1258 30,096,908 33,883,359
D2. Real Prop Farm & Ranch 2,105,939 N/A 2,105,939 2,105,939
E. Real Prop NonQual Acres 6,549,054 N/A 6,549,054 6,549,054
F1. Commercial Real 5,262,169 N/A 5,262,169 5,262,169
F2. Industrial Real 1,922,134 N/A 1,922,134 1,922,134
G. Oil, Gas, Minerals 55,666,421 1.0446 53,289,700 55,666,421
J. Utilities 6,158,525 N/A 6,158,525 6,158,525
L1. Commercial Personal 2,125,869 N/A 2,125,869 2,125,869
L2. Industrial Personal 20,345,657 N/A 20,345,657 20,345,657
M. Other Personal 879 N/A 879 879
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 169,913,150 164,176,141 169,913,150
Less Total Deductions 11,491,936   11,636,453 11,491,936
Total Taxable Value 158,421,214 152,539,688 158,421,214 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
162,686,930 158,421,214 162,686,930 158,421,214 158,880,058 158,880,058


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,265,716 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
162,686,930 158,421,214 162,686,930 158,421,214 158,880,058 158,880,058

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