taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

192/Reagan

192-901/Reagan County ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 57,130,323 N/A 57,130,323 57,130,323
B. Multi-Family Residences 432,145 N/A 432,145 432,145
C1. Vacant Lots 2,764,085 N/A 2,764,085 2,764,085
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 14,621,802 .6325 23,118,982 14,621,802
D2. Real Prop Farm & Ranch 1,406,406 N/A 1,406,406 1,406,406
E. Real Prop NonQual Acres 4,753,645 N/A 4,753,645 4,753,645
F1. Commercial Real 14,471,473 N/A 14,471,473 14,471,473
F2. Industrial Real 71,231,310 N/A 71,231,310 71,231,310
G. Oil, Gas, Minerals 2,354,705,650 1.0109 2,329,316,104 2,354,705,650
J. Utilities 255,730,520 .9129 280,129,828 255,730,520
L1. Commercial Personal 21,606,229 N/A 21,606,229 21,606,229
L2. Industrial Personal 226,396,890 N/A 226,396,890 226,396,890
M. Other Personal 3,804,153 N/A 3,804,153 3,804,153
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 58,080 N/A 58,080 58,080
S. Special Inventory 0 N/A 0 0
Subtotal 3,029,112,711 3,036,619,653 3,029,112,711
Less Total Deductions 30,017,956   30,017,956 30,017,956
Total Taxable Value 2,999,094,755 3,006,601,697 2,999,094,755 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
3,006,109,729 2,999,094,755 3,001,992,033 2,994,977,059 2,999,094,755 2,994,977,059


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
7,014,974 4,117,696


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
3,006,109,729 2,999,094,755 3,001,992,033 2,994,977,059 2,999,094,755 2,994,977,059

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