taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

081/Freestone

175-903/Corsicana ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 198,159 N/A 198,159 198,159
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) 174,621 N/A 174,621 174,621
D2. Real Prop Farm & Ranch 5,435 N/A 5,435 5,435
E. Real Prop NonQual Acres 696,823 N/A 696,823 696,823
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 4,130 N/A 4,130 4,130
J. Utilities 645,120 N/A 645,120 645,120
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 73,304 N/A 73,304 73,304
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 1,797,592 1,797,592 1,797,592
Less Total Deductions 237,722   237,722 237,722
Total Taxable Value 1,559,870 1,559,870 1,559,870 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
1,599,870 1,559,870 1,599,870 1,559,870 1,559,870 1,559,870


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
1,599,870 1,559,870 1,599,870 1,559,870 1,559,870 1,559,870

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

175/Navarro

175-903/Corsicana ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 578,508,231 N/A 578,508,231 578,508,231
B. Multi-Family Residences 29,538,660 N/A 29,538,660 29,538,660
C1. Vacant Lots 24,785,507 N/A 24,785,507 24,785,507
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 8,974,286 N/A 8,974,286 8,974,286
D2. Real Prop Farm & Ranch 1,189,672 N/A 1,189,672 1,189,672
E. Real Prop NonQual Acres 128,233,082 N/A 128,233,082 128,233,082
F1. Commercial Real 213,416,417 N/A 213,416,417 213,416,417
F2. Industrial Real 135,843,830 N/A 135,843,830 135,843,830
G. Oil, Gas, Minerals 2,759,856 N/A 2,759,856 2,759,856
J. Utilities 90,146,890 N/A 90,146,890 90,146,890
L1. Commercial Personal 84,619,560 N/A 84,619,560 84,619,560
L2. Industrial Personal 280,632,710 N/A 280,632,710 280,632,710
M. Other Personal 9,100,840 N/A 9,100,840 9,100,840
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 1,111,320 N/A 1,111,320 1,111,320
S. Special Inventory 7,851,330 N/A 7,851,330 7,851,330
Subtotal 1,596,712,191 1,596,712,191 1,596,712,191
Less Total Deductions 171,552,952   171,552,952 171,552,952
Total Taxable Value 1,425,159,239 1,425,159,239 1,425,159,239 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
1,479,756,355 1,425,159,239 1,479,756,355 1,425,159,239 1,433,271,478 1,433,271,478


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
54,597,116 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
1,479,756,355 1,425,159,239 1,479,756,355 1,425,159,239 1,433,271,478 1,433,271,478

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

175-903/Corsicana ISD



Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 578,706,390 N/A 578,706,390 578,706,390
B. Multi-Family Residences 29,538,660 N/A 29,538,660 29,538,660
C1. Vacant Lots 24,785,507 N/A 24,785,507 24,785,507
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 9,148,907 N/A 9,148,907 9,148,907
D2. Real Prop Farm & Ranch 1,195,107 N/A 1,195,107 1,195,107
E. Real Prop NonQual Acres 128,929,905 N/A 128,929,905 128,929,905
F1. Commercial Real 213,416,417 N/A 213,416,417 213,416,417
F2. Industrial Real 135,843,830 N/A 135,843,830 135,843,830
G. Oil, Gas, Minerals 2,763,986 N/A 2,763,986 2,763,986
J. Utilities 90,792,010 N/A 90,792,010 90,792,010
L1. Commercial Personal 84,619,560 N/A 84,619,560 84,619,560
L2. Industrial Personal 280,632,710 N/A 280,632,710 280,632,710
M. Other Personal 9,174,144 N/A 9,174,144 9,174,144
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 1,111,320 N/A 1,111,320 1,111,320
S. Special Inventory 7,851,330 N/A 7,851,330 7,851,330
Subtotal 1,598,509,783 1,598,509,783 1,598,509,783
Less Total Deductions 171,790,674   171,790,674 171,790,674
Total Taxable Value 1,426,719,109 1,426,719,109 1,426,719,109 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