taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

181/Orange

181-908/Little Cypress-Mauriceville CISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 651,606,149 .9836 662,470,668 651,606,149
B. Multi-Family Residences 12,914,608 N/A 12,914,608 12,914,608
C1. Vacant Lots 16,692,070 N/A 16,692,070 16,692,070
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,386,156 .7939 3,005,712 2,386,156
D2. Real Prop Farm & Ranch 416,553 N/A 416,553 416,553
E. Real Prop NonQual Acres 56,730,158 .9729 58,310,369 56,730,158
F1. Commercial Real 51,349,497 .8978 57,194,806 51,349,497
F2. Industrial Real 168,607,068 N/A 168,607,068 168,607,068
G. Oil, Gas, Minerals 53,097,610 1.0284 51,631,282 53,097,610
J. Utilities 58,528,916 .9947 58,840,772 58,528,916
L1. Commercial Personal 18,151,891 N/A 18,151,891 18,151,891
L2. Industrial Personal 46,942,260 N/A 46,942,260 46,942,260
M. Other Personal 18,440,518 N/A 18,440,518 18,440,518
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 1,026,383 N/A 1,026,383 1,026,383
S. Special Inventory 842,237 N/A 842,237 842,237
Subtotal 1,157,732,074 1,175,487,197 1,157,732,074
Less Total Deductions 190,262,860   193,261,132 190,262,860
Total Taxable Value 967,469,214 982,226,065 967,469,214 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
1,017,710,074 967,469,214 974,356,301 924,115,441 974,927,015 931,573,242


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
50,240,860 43,353,773


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
1,017,710,074 967,469,214 974,356,301 924,115,441 974,927,015 931,573,242

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