taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

104/Haskell

138-902/Knox City-O'Brien CISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 1,486,060 .7679 1,935,226 1,486,060
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 83,660 N/A 83,660 83,660
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 7,336,920 1.5015 4,886,451 7,336,920
D2. Real Prop Farm & Ranch 244,460 N/A 244,460 244,460
E. Real Prop NonQual Acres 681,370 N/A 681,370 681,370
F1. Commercial Real 51,840 N/A 51,840 51,840
F2. Industrial Real 163,520 N/A 163,520 163,520
G. Oil, Gas, Minerals 18,436,332 1.0404 17,720,427 18,436,332
J. Utilities 2,881,970 1.0159 2,836,864 2,881,970
L1. Commercial Personal 511,140 N/A 511,140 511,140
L2. Industrial Personal 1,130,370 N/A 1,130,370 1,130,370
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 33,007,642 30,245,328 33,007,642
Less Total Deductions 756,525   872,750 756,525
Total Taxable Value 32,251,117 29,372,578 32,251,117 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
32,551,327 32,251,117 32,551,327 32,251,117 32,251,117 32,251,117


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
300,210 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
32,551,327 32,251,117 32,551,327 32,251,117 32,251,117 32,251,117

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.

138/Knox

138-902/Knox City-O'Brien CISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 15,865,070 N/A 15,865,070 15,865,070
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 276,410 N/A 276,410 276,410
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,909,400 N/A 6,909,400 6,909,400
D2. Real Prop Farm & Ranch 328,720 N/A 328,720 328,720
E. Real Prop NonQual Acres 5,808,050 N/A 5,808,050 5,808,050
F1. Commercial Real 2,237,010 N/A 2,237,010 2,237,010
F2. Industrial Real 1,985,390 N/A 1,985,390 1,985,390
G. Oil, Gas, Minerals 33,350,180 N/A 33,350,180 33,350,180
J. Utilities 4,634,160 N/A 4,634,160 4,634,160
L1. Commercial Personal 4,302,990 N/A 4,302,990 4,302,990
L2. Industrial Personal 13,086,980 N/A 13,086,980 13,086,980
M. Other Personal 5,960 N/A 5,960 5,960
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 88,790,320 88,790,320 88,790,320
Less Total Deductions 8,755,957   8,755,957 8,755,957
Total Taxable Value 80,034,363 80,034,363 80,034,363 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
83,288,153 80,034,363 83,288,153 80,034,363 80,034,363 80,034,363


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,253,790 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
83,288,153 80,034,363 83,288,153 80,034,363 80,034,363 80,034,363

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

138-902/Knox City-O'Brien CISD



Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 17,351,130 .9748 17,800,296 17,351,130
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 360,070 N/A 360,070 360,070
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 14,246,320 1.2077 11,795,851 14,246,320
D2. Real Prop Farm & Ranch 573,180 N/A 573,180 573,180
E. Real Prop NonQual Acres 6,489,420 N/A 6,489,420 6,489,420
F1. Commercial Real 2,288,850 N/A 2,288,850 2,288,850
F2. Industrial Real 2,148,910 N/A 2,148,910 2,148,910
G. Oil, Gas, Minerals 51,786,512 1.0140 51,070,607 51,786,512
J. Utilities 7,516,130 1.0060 7,471,024 7,516,130
L1. Commercial Personal 4,814,130 N/A 4,814,130 4,814,130
L2. Industrial Personal 14,217,350 N/A 14,217,350 14,217,350
M. Other Personal 5,960 N/A 5,960 5,960
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 121,797,962 119,035,648 121,797,962
Less Total Deductions 9,512,482   9,628,707 9,512,482
Total Taxable Value 112,285,480 109,406,941 112,285,480 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