taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

144/Lee

144-903/Dime Box ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 9,941,461 .8776 11,328,009 9,941,461
B. Multi-Family Residences 79,440 N/A 79,440 79,440
C1. Vacant Lots 123,650 N/A 123,650 123,650
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,551,514 1.1163 3,181,638 3,551,514
D2. Real Prop Farm & Ranch 2,725,847 N/A 2,725,847 2,725,847
E. Real Prop NonQual Acres 46,226,338 .8797 52,547,844 46,226,338
F1. Commercial Real 2,207,270 N/A 2,207,270 2,207,270
F2. Industrial Real 521,480 N/A 521,480 521,480
G. Oil, Gas, Minerals 106,776,780 .9931 107,518,659 106,776,780
J. Utilities 11,363,220 .7660 14,834,491 11,363,220
L1. Commercial Personal 2,062,820 N/A 2,062,820 2,062,820
L2. Industrial Personal 5,706,110 N/A 5,706,110 5,706,110
M. Other Personal 2,622,150 N/A 2,622,150 2,622,150
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 161,510 N/A 161,510 161,510
Subtotal 194,069,590 205,620,918 194,069,590
Less Total Deductions 11,460,990   13,544,913 11,460,990
Total Taxable Value 182,608,600 192,076,005 182,608,600 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
185,822,435 182,608,600 185,079,816 181,865,981 183,228,087 182,485,468


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,213,835 742,619


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
185,822,435 182,608,600 185,079,816 181,865,981 183,228,087 182,485,468

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