taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

181/Orange

181-905/Orangefield ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 296,561,284 .9649 307,349,242 296,561,284
B. Multi-Family Residences 331,939 N/A 331,939 331,939
C1. Vacant Lots 11,619,718 N/A 11,619,718 11,619,718
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,575,433 1.3054 1,206,849 1,575,433
D2. Real Prop Farm & Ranch 132,118 N/A 132,118 132,118
E. Real Prop NonQual Acres 27,454,608 1.0065 27,277,306 27,454,608
F1. Commercial Real 39,984,820 .9786 40,859,207 39,984,820
F2. Industrial Real 21,551,046 N/A 21,551,046 21,551,046
G. Oil, Gas, Minerals 19,657,180 .9673 20,321,700 19,657,180
J. Utilities 67,096,464 1.0298 65,154,849 67,096,464
L1. Commercial Personal 16,748,933 N/A 16,748,933 16,748,933
L2. Industrial Personal 34,498,740 N/A 34,498,740 34,498,740
M. Other Personal 8,923,109 N/A 8,923,109 8,923,109
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 339,537 N/A 339,537 339,537
S. Special Inventory 0 N/A 0 0
Subtotal 546,474,929 556,314,293 546,474,929
Less Total Deductions 74,120,734   76,821,248 74,120,734
Total Taxable Value 472,354,195 479,493,045 472,354,195 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
493,970,844 472,354,195 467,987,636 446,370,987 476,134,451 450,151,243


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
21,616,649 25,983,208


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
493,970,844 472,354,195 467,987,636 446,370,987 476,134,451 450,151,243

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