taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

095/Hale

095-902/Cotton Center ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 2,721,393 .9806 2,775,233 2,721,393
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 31,405 N/A 31,405 31,405
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 33,957,273 1.2506 27,152,305 33,957,273
D2. Real Prop Farm & Ranch 139,213 N/A 139,213 139,213
E. Real Prop NonQual Acres 8,340,256 .9674 8,621,311 8,340,256
F1. Commercial Real 362,860 N/A 362,860 362,860
F2. Industrial Real 750,586 N/A 750,586 750,586
G. Oil, Gas, Minerals 14,160 N/A 14,160 14,160
J. Utilities 2,740,918 1.0108 2,711,632 2,740,918
L1. Commercial Personal 2,312,033 N/A 2,312,033 2,312,033
L2. Industrial Personal 518,071 N/A 518,071 518,071
M. Other Personal 69,255 N/A 69,255 69,255
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 51,957,423 45,458,064 51,957,423
Less Total Deductions 2,233,106   2,281,030 2,233,106
Total Taxable Value 49,724,317 43,177,034 49,724,317 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
50,331,857 49,724,317 50,331,857 49,724,317 49,944,659 49,944,659


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
607,540 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
50,331,857 49,724,317 50,331,857 49,724,317 49,944,659 49,944,659

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.