taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

164/Menard

164-901/Menard ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 30,667,070 .8773 34,956,195 30,667,070
B. Multi-Family Residences 494,690 N/A 494,690 494,690
C1. Vacant Lots 2,597,070 N/A 2,597,070 2,597,070
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 28,205,720 .8423 33,486,503 28,205,720
D2. Real Prop Farm & Ranch 21,450,830 N/A 21,450,830 21,450,830
E. Real Prop NonQual Acres 33,870,540 1.0147 33,379,856 33,870,540
F1. Commercial Real 6,406,900 N/A 6,406,900 6,406,900
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 37,851,020 1.0855 34,869,664 37,851,020
J. Utilities 31,948,880 .8024 39,816,650 31,948,880
L1. Commercial Personal 3,709,930 N/A 3,709,930 3,709,930
L2. Industrial Personal 2,188,530 N/A 2,188,530 2,188,530
M. Other Personal 1,050,440 N/A 1,050,440 1,050,440
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 200,441,620 214,407,258 200,441,620
Less Total Deductions 21,683,356   23,666,851 21,683,356
Total Taxable Value 178,758,264 190,740,407 178,758,264 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
184,576,204 178,758,264 184,576,204 178,758,264 179,568,168 179,568,168


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,817,940 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
184,576,204 178,758,264 184,576,204 178,758,264 179,568,168 179,568,168

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