taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

138/Knox

138-904/Benjamin ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 3,152,980 .8427 3,741,521 3,152,980
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 194,610 N/A 194,610 194,610
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 15,915,060 1.1815 13,470,402 15,915,060
D2. Real Prop Farm & Ranch 505,970 N/A 505,970 505,970
E. Real Prop NonQual Acres 3,063,130 .7683 3,986,893 3,063,130
F1. Commercial Real 297,740 N/A 297,740 297,740
F2. Industrial Real 133,810 N/A 133,810 133,810
G. Oil, Gas, Minerals 6,198,850 1.0204 6,074,922 6,198,850
J. Utilities 23,439,730 .9426 24,867,102 23,439,730
L1. Commercial Personal 417,130 N/A 417,130 417,130
L2. Industrial Personal 1,520,550 N/A 1,520,550 1,520,550
M. Other Personal 2,970 N/A 2,970 2,970
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 54,842,530 55,213,620 54,842,530
Less Total Deductions 1,851,650   2,121,985 1,851,650
Total Taxable Value 52,990,880 53,091,635 52,990,880 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
53,693,680 52,990,880 53,693,680 52,990,880 52,990,880 52,990,880


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
702,800 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
53,693,680 52,990,880 53,693,680 52,990,880 52,990,880 52,990,880

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