taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

072/Erath

111-902/Lipan ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 1,108,590 N/A 1,108,590 1,108,590
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 20,640 N/A 20,640 20,640
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,765,130 N/A 1,765,130 1,765,130
D2. Real Prop Farm & Ranch 234,500 N/A 234,500 234,500
E. Real Prop NonQual Acres 9,179,950 N/A 9,179,950 9,179,950
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 4,249,490 N/A 4,249,490 4,249,490
J. Utilities 9,126,860 N/A 9,126,860 9,126,860
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 185,280 N/A 185,280 185,280
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 25,870,440 25,870,440 25,870,440
Less Total Deductions 1,472,873   1,472,873 1,472,873
Total Taxable Value 24,397,567 24,397,567 24,397,567 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
24,796,347 24,397,567 24,796,347 24,397,567 24,397,567 24,397,567


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
398,780 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
24,796,347 24,397,567 24,796,347 24,397,567 24,397,567 24,397,567

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

111/Hood

111-902/Lipan ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 22,125,300 1.0079 21,951,880 22,125,300
B. Multi-Family Residences 126,680 N/A 126,680 126,680
C1. Vacant Lots 852,090 N/A 852,090 852,090
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,582,470 1.7845 2,007,594 3,582,470
D2. Real Prop Farm & Ranch 573,720 N/A 573,720 573,720
E. Real Prop NonQual Acres 35,778,840 .9542 37,496,164 35,778,840
F1. Commercial Real 1,941,220 N/A 1,941,220 1,941,220
F2. Industrial Real 34,170,440 N/A 34,170,440 34,170,440
G. Oil, Gas, Minerals 944,140 N/A 944,140 944,140
J. Utilities 29,911,690 1.0106 29,597,952 29,911,690
L1. Commercial Personal 430,430 N/A 430,430 430,430
L2. Industrial Personal 267,310 N/A 267,310 267,310
M. Other Personal 1,325,520 N/A 1,325,520 1,325,520
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 132,029,850 131,685,140 132,029,850
Less Total Deductions 9,665,313   9,571,100 9,665,313
Total Taxable Value 122,364,537 122,114,040 122,364,537 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
125,437,494 122,364,537 125,437,494 122,364,537 123,247,960 123,247,960


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,072,957 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
125,437,494 122,364,537 125,437,494 122,364,537 123,247,960 123,247,960

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

182/Palo Pinto

111-902/Lipan ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 4,672,210 .9651 4,841,167 4,672,210
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 118,950 N/A 118,950 118,950
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 748,430 .9351 800,355 748,430
D2. Real Prop Farm & Ranch 581,200 N/A 581,200 581,200
E. Real Prop NonQual Acres 12,477,980 .9390 13,288,584 12,477,980
F1. Commercial Real 334,600 N/A 334,600 334,600
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 10,400 N/A 10,400 10,400
J. Utilities 765,600 N/A 765,600 765,600
L1. Commercial Personal 388,166 N/A 388,166 388,166
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 577,480 N/A 577,480 577,480
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 20,675,016 21,706,502 20,675,016
Less Total Deductions 3,207,639   3,389,215 3,207,639
Total Taxable Value 17,467,377 18,317,287 17,467,377 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
18,359,537 17,467,377 18,359,537 17,467,377 17,649,762 17,649,762


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
892,160 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
18,359,537 17,467,377 18,359,537 17,467,377 17,649,762 17,649,762

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

184/Parker

111-902/Lipan ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 320,710 N/A 320,710 320,710
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) 515,320 N/A 515,320 515,320
D2. Real Prop Farm & Ranch 12,910 N/A 12,910 12,910
E. Real Prop NonQual Acres 1,288,310 N/A 1,288,310 1,288,310
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 494,930 N/A 494,930 494,930
J. Utilities 6,773,330 N/A 6,773,330 6,773,330
L1. Commercial Personal 2,090 N/A 2,090 2,090
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 16,850 N/A 16,850 16,850
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 9,424,450 9,424,450 9,424,450
Less Total Deductions 105,253   105,253 105,253
Total Taxable Value 9,319,197 9,319,197 9,319,197 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
9,369,197 9,319,197 9,369,197 9,319,197 9,322,133 9,322,133


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
50,000 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
9,369,197 9,319,197 9,369,197 9,319,197 9,322,133 9,322,133

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

111-902/Lipan ISD



Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 28,226,810 1.0002 28,222,347 28,226,810
B. Multi-Family Residences 126,680 N/A 126,680 126,680
C1. Vacant Lots 991,680 N/A 991,680 991,680
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,611,350 1.2993 5,088,399 6,611,350
D2. Real Prop Farm & Ranch 1,402,330 N/A 1,402,330 1,402,330
E. Real Prop NonQual Acres 58,725,080 .9587 61,253,008 58,725,080
F1. Commercial Real 2,275,820 N/A 2,275,820 2,275,820
F2. Industrial Real 34,170,440 N/A 34,170,440 34,170,440
G. Oil, Gas, Minerals 5,698,960 N/A 5,698,960 5,698,960
J. Utilities 46,577,480 1.0068 46,263,742 46,577,480
L1. Commercial Personal 820,686 N/A 820,686 820,686
L2. Industrial Personal 267,310 N/A 267,310 267,310
M. Other Personal 2,105,130 N/A 2,105,130 2,105,130
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 187,999,756 188,686,532 187,999,756
Less Total Deductions 14,451,078   14,538,441 14,451,078
Total Taxable Value 173,548,678 174,148,091 173,548,678 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