taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

077/Floyd

173-901/Motley County ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 0 N/A 0 0
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 0 N/A 0 0
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,272,040 N/A 1,272,040 1,272,040
D2. Real Prop Farm & Ranch 52,960 N/A 52,960 52,960
E. Real Prop NonQual Acres 356,650 N/A 356,650 356,650
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 10,060 N/A 10,060 10,060
J. Utilities 37,030 N/A 37,030 37,030
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 51,790 N/A 51,790 51,790
M. Other Personal 0 N/A 0 0
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 1,780,530 1,780,530 1,780,530
Less Total Deductions 116,224   116,224 116,224
Total Taxable Value 1,664,306 1,664,306 1,664,306 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
1,704,306 1,664,306 1,704,306 1,664,306 1,664,306 1,664,306


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
40,000 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
1,704,306 1,664,306 1,704,306 1,664,306 1,664,306 1,664,306

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

173/Motley

173-901/Motley County 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 16,155,400 .8737 18,490,786 16,155,400
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 288,990 N/A 288,990 288,990
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 44,821,230 .9658 46,408,049 44,821,230
D2. Real Prop Farm & Ranch 496,270 N/A 496,270 496,270
E. Real Prop NonQual Acres 7,653,250 .9018 8,486,638 7,653,250
F1. Commercial Real 2,400,210 N/A 2,400,210 2,400,210
F2. Industrial Real 162,780 N/A 162,780 162,780
G. Oil, Gas, Minerals 2,507,500 N/A 2,507,500 2,507,500
J. Utilities 30,364,820 N/A 30,364,820 30,364,820
L1. Commercial Personal 3,002,330 N/A 3,002,330 3,002,330
L2. Industrial Personal 3,621,250 N/A 3,621,250 3,621,250
M. Other Personal 399,380 N/A 399,380 399,380
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 111,873,410 116,629,003 111,873,410
Less Total Deductions 9,013,018   10,043,442 9,013,018
Total Taxable Value 102,860,392 106,585,561 102,860,392 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
106,593,832 102,860,392 106,593,832 102,860,392 102,860,392 102,860,392


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,733,440 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
106,593,832 102,860,392 106,593,832 102,860,392 102,860,392 102,860,392

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.

173-901/Motley County ISD



Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 16,155,400 .8737 18,490,786 16,155,400
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 288,990 N/A 288,990 288,990
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 46,093,270 .9667 47,680,089 46,093,270
D2. Real Prop Farm & Ranch 549,230 N/A 549,230 549,230
E. Real Prop NonQual Acres 8,009,900 .9058 8,843,288 8,009,900
F1. Commercial Real 2,400,210 N/A 2,400,210 2,400,210
F2. Industrial Real 162,780 N/A 162,780 162,780
G. Oil, Gas, Minerals 2,517,560 N/A 2,517,560 2,517,560
J. Utilities 30,401,850 N/A 30,401,850 30,401,850
L1. Commercial Personal 3,002,330 N/A 3,002,330 3,002,330
L2. Industrial Personal 3,673,040 N/A 3,673,040 3,673,040
M. Other Personal 399,380 N/A 399,380 399,380
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 113,653,940 118,409,533 113,653,940
Less Total Deductions 9,129,242   10,159,666 9,129,242
Total Taxable Value 104,524,698 108,249,867 104,524,698 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