taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

081/Freestone

145-907/Oakwood ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 1,375,614 N/A 1,375,614 1,375,614
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 80,530 N/A 80,530 80,530
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,962,114 N/A 1,962,114 1,962,114
D2. Real Prop Farm & Ranch 617,461 N/A 617,461 617,461
E. Real Prop NonQual Acres 14,334,827 N/A 14,334,827 14,334,827
F1. Commercial Real 217,574 N/A 217,574 217,574
F2. Industrial Real 582,244 N/A 582,244 582,244
G. Oil, Gas, Minerals 6,208,180 N/A 6,208,180 6,208,180
J. Utilities 4,998,600 N/A 4,998,600 4,998,600
L1. Commercial Personal 163,144 N/A 163,144 163,144
L2. Industrial Personal 2,501,480 N/A 2,501,480 2,501,480
M. Other Personal 816,956 N/A 816,956 816,956
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 33,858,724 33,858,724 33,858,724
Less Total Deductions 2,340,323   2,340,323 2,340,323
Total Taxable Value 31,518,401 31,518,401 31,518,401 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
32,212,764 31,518,401 32,212,764 31,518,401 31,545,000 31,545,000


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
694,363 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
32,212,764 31,518,401 32,212,764 31,518,401 31,545,000 31,545,000

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

145/Leon

145-907/Oakwood ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 9,680,260 .7090 13,653,399 13,653,399
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 741,440 N/A 741,440 741,440
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,086,800 1.3384 3,053,546 3,053,546
D2. Real Prop Farm & Ranch 402,050 N/A 402,050 402,050
E. Real Prop NonQual Acres 18,940,480 .7335 25,822,059 25,822,059
F1. Commercial Real 1,013,370 N/A 1,013,370 1,013,370
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 2,777,680 .9895 2,807,155 2,807,155
J. Utilities 7,227,470 .9777 7,392,319 7,392,319
L1. Commercial Personal 585,960 N/A 585,960 585,960
L2. Industrial Personal 3,313,250 N/A 3,313,250 3,313,250
M. Other Personal 1,252,380 N/A 1,252,380 1,252,380
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 50,021,140 60,036,928 60,036,928
Less Total Deductions 7,739,820   10,164,627 10,164,627
Total Taxable Value 42,281,320 49,872,301 49,872,301 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
51,995,621 49,872,301 51,995,621 49,872,301 49,872,301 49,872,301


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,123,320 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
51,995,621 49,872,301 51,995,621 49,872,301 49,872,301 49,872,301

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 taxable value to be invalid, and state value was certified because your local value:

1) was invalid in one or more of the previous two years or

2) is less than 90% of the lower end of the margin of error range or

3) The appraisal district that appraises property for the school district was not in compliance with the scoring requirement of the Comptroller's most recent review of the appraisal district conducted under section 5.102, Tax Code (MAP Review)

145-907/Oakwood ISD



Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 11,055,874 .7356 15,029,013 15,029,013
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 821,970 N/A 821,970 821,970
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,048,914 1.2060 5,015,660 5,015,660
D2. Real Prop Farm & Ranch 1,019,511 N/A 1,019,511 1,019,511
E. Real Prop NonQual Acres 33,275,307 .8286 40,156,886 40,156,886
F1. Commercial Real 1,230,944 N/A 1,230,944 1,230,944
F2. Industrial Real 582,244 N/A 582,244 582,244
G. Oil, Gas, Minerals 8,985,860 .9967 9,015,335 9,015,335
J. Utilities 12,226,070 .9867 12,390,919 12,390,919
L1. Commercial Personal 749,104 N/A 749,104 749,104
L2. Industrial Personal 5,814,730 N/A 5,814,730 5,814,730
M. Other Personal 2,069,336 N/A 2,069,336 2,069,336
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 83,879,864 93,895,652 93,895,652
Less Total Deductions 10,080,143   12,504,950 12,504,950
Total Taxable Value 73,799,721 81,390,702 81,390,702 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