taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

149/Live Oak

149-901/George West ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 176,169,911 .9802 179,728,536 176,169,911
B. Multi-Family Residences 1,811,544 N/A 1,811,544 1,811,544
C1. Vacant Lots 10,205,274 N/A 10,205,274 10,205,274
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 30,703,066 1.0450 29,379,677 30,703,066
D2. Real Prop Farm & Ranch 2,566,428 N/A 2,566,428 2,566,428
E. Real Prop NonQual Acres 89,926,212 .8632 104,177,725 89,926,212
F1. Commercial Real 37,167,944 .8150 45,604,839 37,167,944
F2. Industrial Real 652,801 N/A 652,801 652,801
G. Oil, Gas, Minerals 129,921,356 1.0209 127,261,589 129,921,356
J. Utilities 106,934,653 .9098 117,536,440 106,934,653
L1. Commercial Personal 36,124,617 1.0193 35,440,613 36,124,617
L2. Industrial Personal 172,096,167 N/A 172,096,167 172,096,167
M. Other Personal 5,116,297 N/A 5,116,297 5,116,297
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 806,562 N/A 806,562 806,562
S. Special Inventory 132,188 N/A 132,188 132,188
Subtotal 800,335,020 832,516,680 800,335,020
Less Total Deductions 84,966,834   86,535,667 84,966,834
Total Taxable Value 715,368,186 745,981,013 715,368,186 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
733,032,253 715,368,186 719,120,810 701,456,743 715,830,242 701,918,799


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
17,664,067 13,911,443


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
733,032,253 715,368,186 719,120,810 701,456,743 715,830,242 701,918,799

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