taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

099/Hardeman

099-902/Chillicothe ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 7,759,790 N/A 7,759,790 7,759,790
B. Multi-Family Residences 9,280 N/A 9,280 9,280
C1. Vacant Lots 234,090 N/A 234,090 234,090
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 9,137,150 N/A 9,137,150 9,137,150
D2. Real Prop Farm & Ranch 1,425,240 N/A 1,425,240 1,425,240
E. Real Prop NonQual Acres 3,554,950 N/A 3,554,950 3,554,950
F1. Commercial Real 659,670 N/A 659,670 659,670
F2. Industrial Real 1,723,460 N/A 1,723,460 1,723,460
G. Oil, Gas, Minerals 39,700,640 N/A 39,700,640 39,700,640
J. Utilities 26,592,710 N/A 26,592,710 26,592,710
L1. Commercial Personal 961,490 N/A 961,490 961,490
L2. Industrial Personal 3,608,480 N/A 3,608,480 3,608,480
M. Other Personal 367,780 N/A 367,780 367,780
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 95,734,730 95,734,730 95,734,730
Less Total Deductions 4,433,924   4,433,924 4,433,924
Total Taxable Value 91,300,806 91,300,806 91,300,806 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
93,253,966 91,300,806 93,253,966 91,300,806 91,493,979 91,493,979


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,953,160 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
93,253,966 91,300,806 93,253,966 91,300,806 91,493,979 91,493,979

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

244/Wilbarger

099-902/Chillicothe 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 20,090 N/A 20,090 20,090
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 90,340 N/A 90,340 90,340
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,071,450 .7960 7,627,652 6,071,450
D2. Real Prop Farm & Ranch 763,990 N/A 763,990 763,990
E. Real Prop NonQual Acres 5,859,130 .9028 6,489,953 5,859,130
F1. Commercial Real 15,800 N/A 15,800 15,800
F2. Industrial Real 120,682,540 N/A 120,682,540 120,682,540
G. Oil, Gas, Minerals 1,281,850 1.0214 1,254,993 1,281,850
J. Utilities 6,974,880 1.0091 6,911,981 6,974,880
L1. Commercial Personal 287,560 N/A 287,560 287,560
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 365,520 N/A 365,520 365,520
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 142,413,150 144,510,419 142,413,150
Less Total Deductions 1,728,445   1,728,445 1,728,445
Total Taxable Value 140,684,705 142,781,974 140,684,705 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
141,204,205 140,684,705 141,204,205 140,684,705 140,729,609 140,729,609


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
519,500 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
141,204,205 140,684,705 141,204,205 140,684,705 140,729,609 140,729,609

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.

099-902/Chillicothe ISD



Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 7,779,880 N/A 7,779,880 7,779,880
B. Multi-Family Residences 9,280 N/A 9,280 9,280
C1. Vacant Lots 324,430 N/A 324,430 324,430
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 15,208,600 .9072 16,764,802 15,208,600
D2. Real Prop Farm & Ranch 2,189,230 N/A 2,189,230 2,189,230
E. Real Prop NonQual Acres 9,414,080 .9372 10,044,903 9,414,080
F1. Commercial Real 675,470 N/A 675,470 675,470
F2. Industrial Real 122,406,000 N/A 122,406,000 122,406,000
G. Oil, Gas, Minerals 40,982,490 1.0007 40,955,633 40,982,490
J. Utilities 33,567,590 1.0019 33,504,691 33,567,590
L1. Commercial Personal 1,249,050 N/A 1,249,050 1,249,050
L2. Industrial Personal 3,608,480 N/A 3,608,480 3,608,480
M. Other Personal 733,300 N/A 733,300 733,300
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 238,147,880 240,245,149 238,147,880
Less Total Deductions 6,162,369   6,162,369 6,162,369
Total Taxable Value 231,985,511 234,082,780 231,985,511 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