taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

012/Baylor

012-901/Seymour 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 59,687,940 .8262 72,243,936 59,687,940
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 740,890 N/A 740,890 740,890
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 44,339,660 1.0929 40,572,422 44,339,660
D2. Real Prop Farm & Ranch 4,765,640 N/A 4,765,640 4,765,640
E. Real Prop NonQual Acres 18,819,570 .8732 21,552,416 18,819,570
F1. Commercial Real 10,340,310 .7210 14,341,623 10,340,310
F2. Industrial Real 230,690 N/A 230,690 230,690
G. Oil, Gas, Minerals 16,958,750 .9946 17,050,824 16,958,750
J. Utilities 36,481,730 .9881 36,921,091 36,481,730
L1. Commercial Personal 9,874,520 .9904 9,970,234 9,874,520
L2. Industrial Personal 1,007,870 N/A 1,007,870 1,007,870
M. Other Personal 507,820 N/A 507,820 507,820
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 555,160 N/A 555,160 555,160
Subtotal 204,310,550 220,460,616 204,310,550
Less Total Deductions 23,518,115   28,374,796 23,518,115
Total Taxable Value 180,792,435 192,085,820 180,792,435 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
190,371,745 180,792,435 190,371,745 180,792,435 180,792,435 180,792,435


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
9,579,310 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
190,371,745 180,792,435 190,371,745 180,792,435 180,792,435 180,792,435

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.

138/Knox

012-901/Seymour ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 284,150 N/A 284,150 284,150
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 2,950 N/A 2,950 2,950
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,891,440 N/A 2,891,440 2,891,440
D2. Real Prop Farm & Ranch 68,440 N/A 68,440 68,440
E. Real Prop NonQual Acres 1,934,800 N/A 1,934,800 1,934,800
F1. Commercial Real 5,640 N/A 5,640 5,640
F2. Industrial Real 143,800 N/A 143,800 143,800
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 488,920 N/A 488,920 488,920
L1. Commercial Personal 111,730 N/A 111,730 111,730
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 0 N/A 0 0
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 5,931,870 5,931,870 5,931,870
Less Total Deductions 420,772   420,772 420,772
Total Taxable Value 5,511,098 5,511,098 5,511,098 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
5,668,468 5,511,098 5,668,468 5,511,098 5,511,098 5,511,098


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
157,370 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
5,668,468 5,511,098 5,668,468 5,511,098 5,511,098 5,511,098

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

012-901/Seymour ISD



Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 59,972,090 .8269 72,528,086 59,972,090
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 743,840 N/A 743,840 743,840
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 47,231,100 1.0867 43,463,862 47,231,100
D2. Real Prop Farm & Ranch 4,834,080 N/A 4,834,080 4,834,080
E. Real Prop NonQual Acres 20,754,370 .8836 23,487,216 20,754,370
F1. Commercial Real 10,345,950 .7211 14,347,263 10,345,950
F2. Industrial Real 374,490 N/A 374,490 374,490
G. Oil, Gas, Minerals 16,958,750 .9946 17,050,824 16,958,750
J. Utilities 36,970,650 .9883 37,410,011 36,970,650
L1. Commercial Personal 9,986,250 .9905 10,081,964 9,986,250
L2. Industrial Personal 1,007,870 N/A 1,007,870 1,007,870
M. Other Personal 507,820 N/A 507,820 507,820
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 555,160 N/A 555,160 555,160
Subtotal 210,242,420 226,392,486 210,242,420
Less Total Deductions 23,938,887   28,795,568 23,938,887
Total Taxable Value 186,303,533 197,596,918 186,303,533 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