taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

095/Hale

095-903/Hale Center ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 34,103,624 .9539 35,751,781 34,103,624
B. Multi-Family Residences 388,825 N/A 388,825 388,825
C1. Vacant Lots 477,072 N/A 477,072 477,072
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 37,270,365 1.3290 28,043,099 37,270,365
D2. Real Prop Farm & Ranch 90,876 N/A 90,876 90,876
E. Real Prop NonQual Acres 15,382,788 .9490 16,209,471 15,382,788
F1. Commercial Real 3,710,158 N/A 3,710,158 3,710,158
F2. Industrial Real 2,115,615 N/A 2,115,615 2,115,615
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 15,527,717 1.0242 15,160,825 15,527,717
L1. Commercial Personal 3,090,486 N/A 3,090,486 3,090,486
L2. Industrial Personal 3,384,630 N/A 3,384,630 3,384,630
M. Other Personal 459,004 N/A 459,004 459,004
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 19,812 N/A 19,812 19,812
Subtotal 116,020,972 108,901,654 116,020,972
Less Total Deductions 14,816,030   15,515,188 14,816,030
Total Taxable Value 101,204,942 93,386,466 101,204,942 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
106,525,540 101,204,942 106,525,540 101,204,942 101,418,993 101,418,993


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,320,598 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
106,525,540 101,204,942 106,525,540 101,204,942 101,418,993 101,418,993

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.