taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

107/Henderson

107-908/Murchison ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 18,804,150 .9509 19,775,108 18,804,150
B. Multi-Family Residences 638,860 N/A 638,860 638,860
C1. Vacant Lots 734,040 N/A 734,040 734,040
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 604,250 1.2390 487,699 604,250
D2. Real Prop Farm & Ranch 89,590 N/A 89,590 89,590
E. Real Prop NonQual Acres 8,323,930 .9672 8,606,214 8,323,930
F1. Commercial Real 2,464,430 .8633 2,854,662 2,464,430
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 6,629,203 1.0186 6,508,151 6,629,203
J. Utilities 5,104,858 .8573 5,954,576 5,104,858
L1. Commercial Personal 1,065,530 N/A 1,065,530 1,065,530
L2. Industrial Personal 1,228,541 N/A 1,228,541 1,228,541
M. Other Personal 417,010 N/A 417,010 417,010
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 181,300 N/A 181,300 181,300
Subtotal 46,285,692 48,541,281 46,285,692
Less Total Deductions 6,813,522   7,272,785 6,813,522
Total Taxable Value 39,472,170 41,268,496 39,472,170 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
41,599,410 39,472,170 41,599,410 39,472,170 39,857,651 39,857,651


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,127,240 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
41,599,410 39,472,170 41,599,410 39,472,170 39,857,651 39,857,651

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