taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

059/Deaf Smith

180-902/Vega 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) 5,790,500 .9788 5,915,972 5,790,500
D2. Real Prop Farm & Ranch 910,950 N/A 910,950 910,950
E. Real Prop NonQual Acres 5,491,550 .9406 5,838,348 5,491,550
F1. Commercial Real 348,000 N/A 348,000 348,000
F2. Industrial Real 3,220,200 N/A 3,220,200 3,220,200
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 3,214,500 N/A 3,214,500 3,214,500
L1. Commercial Personal 57,900 N/A 57,900 57,900
L2. Industrial Personal 3,720,800 N/A 3,720,800 3,720,800
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 22,754,400 23,226,670 22,754,400
Less Total Deductions 1,346,922   1,346,922 1,346,922
Total Taxable Value 21,407,478 21,879,748 21,407,478 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
21,717,478 21,407,478 21,717,478 21,407,478 21,487,887 21,487,887


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
310,000 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
21,717,478 21,407,478 21,717,478 21,407,478 21,487,887 21,487,887

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

180/Oldham

180-902/Vega ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 27,099,180 1.0492 25,828,422 27,099,180
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 734,140 N/A 734,140 734,140
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 16,245,360 1.0423 15,586,168 16,245,360
D2. Real Prop Farm & Ranch 1,764,150 N/A 1,764,150 1,764,150
E. Real Prop NonQual Acres 11,244,120 1.2504 8,992,418 11,244,120
F1. Commercial Real 5,078,960 .9560 5,312,720 5,078,960
F2. Industrial Real 340,633,610 N/A 340,633,610 340,633,610
G. Oil, Gas, Minerals 19,313,550 .9809 19,689,622 19,313,550
J. Utilities 4,332,610 N/A 4,332,610 4,332,610
L1. Commercial Personal 2,489,702 N/A 2,489,702 2,489,702
L2. Industrial Personal 12,221,292 N/A 12,221,292 12,221,292
M. Other Personal 535,900 N/A 535,900 535,900
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 441,692,574 438,120,754 441,692,574
Less Total Deductions 239,647,602   239,143,454 239,647,602
Total Taxable Value 202,044,972 198,977,300 202,044,972 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
205,065,910 202,044,972 205,065,910 202,044,972 202,423,822 202,423,822


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,020,938 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
435,251,220 432,230,282 435,251,220 432,230,282 432,609,132 432,609,132

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

180-902/Vega ISD



Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 27,099,180 1.0492 25,828,422 27,099,180
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 734,140 N/A 734,140 734,140
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 22,035,860 1.0248 21,502,140 22,035,860
D2. Real Prop Farm & Ranch 2,675,100 N/A 2,675,100 2,675,100
E. Real Prop NonQual Acres 16,735,670 1.1284 14,830,766 16,735,670
F1. Commercial Real 5,426,960 .9587 5,660,720 5,426,960
F2. Industrial Real 343,853,810 N/A 343,853,810 343,853,810
G. Oil, Gas, Minerals 19,313,550 .9809 19,689,622 19,313,550
J. Utilities 7,547,110 N/A 7,547,110 7,547,110
L1. Commercial Personal 2,547,602 N/A 2,547,602 2,547,602
L2. Industrial Personal 15,942,092 N/A 15,942,092 15,942,092
M. Other Personal 535,900 N/A 535,900 535,900
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 464,446,974 461,347,424 464,446,974
Less Total Deductions 240,994,524   240,490,376 240,994,524
Total Taxable Value 223,452,450 220,857,048 223,452,450 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