taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

146/Liberty

146-903/Devers ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 17,074,759 .9397 18,170,436 17,074,759
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 727,639 N/A 727,639 727,639
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 12,905,717 1.1444 11,277,584 12,905,717
D2. Real Prop Farm & Ranch 1,613,779 N/A 1,613,779 1,613,779
E. Real Prop NonQual Acres 16,720,956 .9858 16,961,814 16,720,956
F1. Commercial Real 1,526,442 N/A 1,526,442 1,526,442
F2. Industrial Real 47,680 N/A 47,680 47,680
G. Oil, Gas, Minerals 180,290,668 1.0130 177,976,967 180,290,668
J. Utilities 39,470,500 .9703 40,678,656 39,470,500
L1. Commercial Personal 2,457,290 N/A 2,457,290 2,457,290
L2. Industrial Personal 25,241,890 N/A 25,241,890 25,241,890
M. Other Personal 2,142,230 N/A 2,142,230 2,142,230
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 116,680 N/A 116,680 116,680
Subtotal 300,336,230 298,939,087 300,336,230
Less Total Deductions 8,282,284   8,837,917 8,282,284
Total Taxable Value 292,053,946 290,101,170 292,053,946 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
294,304,606 292,053,946 294,304,606 292,053,946 292,342,561 292,342,561


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,250,660 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
294,304,606 292,053,946 294,304,606 292,053,946 292,342,561 292,342,561

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