taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

143/Lavaca

143-905/Sweet Home ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 5,890,676 .9986 5,898,935 5,890,676
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 261,353 N/A 261,353 261,353
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,149,355 1.0399 3,028,536 3,149,355
D2. Real Prop Farm & Ranch 2,366,463 N/A 2,366,463 2,366,463
E. Real Prop NonQual Acres 36,548,869 .9379 38,968,834 36,548,869
F1. Commercial Real 1,062,134 N/A 1,062,134 1,062,134
F2. Industrial Real 122,000 N/A 122,000 122,000
G. Oil, Gas, Minerals 6,539,770 1.0186 6,420,351 6,539,770
J. Utilities 16,343,140 N/A 16,343,140 16,343,140
L1. Commercial Personal 754,592 N/A 754,592 754,592
L2. Industrial Personal 671,745 N/A 671,745 671,745
M. Other Personal 574,784 N/A 574,784 574,784
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 74,284,881 76,472,867 74,284,881
Less Total Deductions 8,691,399   8,707,169 8,691,399
Total Taxable Value 65,593,482 67,765,698 65,593,482 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
68,347,876 65,593,482 68,347,876 65,593,482 65,950,117 65,950,117


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,754,394 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
68,347,876 65,593,482 68,347,876 65,593,482 65,950,117 65,950,117

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 to be valid, and local value was certified