taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

206/San Saba

206-903/Cherokee ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 3,274,400 .7554 4,334,657 4,334,657
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 980,310 N/A 980,310 980,310
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 11,568,210 .9264 12,486,728 12,486,728
D2. Real Prop Farm & Ranch 887,510 N/A 887,510 887,510
E. Real Prop NonQual Acres 28,269,940 .8023 35,236,121 35,236,121
F1. Commercial Real 409,250 N/A 409,250 409,250
F2. Industrial Real 72,200 N/A 72,200 72,200
G. Oil, Gas, Minerals 59,100 N/A 59,100 59,100
J. Utilities 3,619,330 N/A 3,619,330 3,619,330
L1. Commercial Personal 668,360 N/A 668,360 668,360
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 503,030 N/A 503,030 503,030
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 50,311,640 59,256,596 59,256,596
Less Total Deductions 4,938,550   6,463,519 6,463,519
Total Taxable Value 45,373,090 52,793,077 52,793,077 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
54,312,397 52,793,077 54,312,397 52,793,077 53,147,949 53,147,949


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,519,320 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
54,312,397 52,793,077 54,312,397 52,793,077 53,147,949 53,147,949

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 taxable value to be invalid, and state value was certified because your local value:

1) was invalid in one or more of the previous two years or

2) is less than 90% of the lower end of the margin of error range or

3) The appraisal district that appraises property for the school district was not in compliance with the scoring requirement of the Comptroller's most recent review of the appraisal district conducted under section 5.102, Tax Code (MAP Review)