taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

146/Liberty

146-907/Tarkington ISD

* This district is in year 1 of the grace period.


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 228,612,281 .8720 262,170,047 228,612,281
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 31,398,842 N/A 31,398,842 31,398,842
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 13,360,309 1.1588 11,529,362 13,360,309
D2. Real Prop Farm & Ranch 2,326,279 N/A 2,326,279 2,326,279
E. Real Prop NonQual Acres 113,443,394 .9772 116,090,252 113,443,394
F1. Commercial Real 13,044,120 N/A 13,044,120 13,044,120
F2. Industrial Real 13,549,360 N/A 13,549,360 13,549,360
G. Oil, Gas, Minerals 2,040,415 N/A 2,040,415 2,040,415
J. Utilities 41,529,440 1.0030 41,405,224 41,529,440
L1. Commercial Personal 11,490,530 N/A 11,490,530 11,490,530
L2. Industrial Personal 24,924,680 N/A 24,924,680 24,924,680
M. Other Personal 17,192,190 N/A 17,192,190 17,192,190
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 28,820 N/A 28,820 28,820
Subtotal 512,940,660 547,190,121 512,940,660
Less Total Deductions 66,381,254   77,622,911 66,381,254
Total Taxable Value 446,559,406 469,567,210 446,559,406 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
467,540,675 446,559,406 467,540,675 446,559,406 450,034,644 450,034,644


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
20,981,269 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
467,540,675 446,559,406 467,540,675 446,559,406 450,034,644 450,034,644

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 invalid, but local value was certified because your school district is in year one of the grace period.