taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

168/Mitchell

208-903/Ira ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 55,810 N/A 55,810 55,810
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) 782,420 N/A 782,420 782,420
D2. Real Prop Farm & Ranch 49,500 N/A 49,500 49,500
E. Real Prop NonQual Acres 647,620 N/A 647,620 647,620
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 56,040 N/A 56,040 56,040
J. Utilities 424,010 N/A 424,010 424,010
L1. Commercial Personal 303,960 N/A 303,960 303,960
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 0 N/A 0 0
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 2,319,360 2,319,360 2,319,360
Less Total Deductions 189,776   189,776 189,776
Total Taxable Value 2,129,584 2,129,584 2,129,584 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
2,170,284 2,129,584 2,170,284 2,129,584 2,129,584 2,129,584


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
40,700 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
2,170,284 2,129,584 2,170,284 2,129,584 2,129,584 2,129,584

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

208/Scurry

208-903/Ira ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 11,851,831 N/A 11,851,831 11,851,831
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 100,755 N/A 100,755 100,755
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,099,768 1.0712 4,760,633 5,099,768
D2. Real Prop Farm & Ranch 1,026,240 N/A 1,026,240 1,026,240
E. Real Prop NonQual Acres 10,110,410 N/A 10,110,410 10,110,410
F1. Commercial Real 399,771 N/A 399,771 399,771
F2. Industrial Real 1,293,880 N/A 1,293,880 1,293,880
G. Oil, Gas, Minerals 174,443,632 1.0116 172,443,290 174,443,632
J. Utilities 47,935,706 .9775 49,039,085 47,935,706
L1. Commercial Personal 226,310 N/A 226,310 226,310
L2. Industrial Personal 8,114,470 N/A 8,114,470 8,114,470
M. Other Personal 732,924 N/A 732,924 732,924
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 261,335,697 260,099,599 261,335,697
Less Total Deductions 6,305,319   6,305,319 6,305,319
Total Taxable Value 255,030,378 253,794,280 255,030,378 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
256,711,553 255,030,378 256,711,553 255,030,378 255,244,937 255,244,937


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,681,175 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
256,711,553 255,030,378 256,711,553 255,030,378 255,244,937 255,244,937

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

208-903/Ira ISD



Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 11,907,641 N/A 11,907,641 11,907,641
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 100,755 N/A 100,755 100,755
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,882,188 1.0612 5,543,053 5,882,188
D2. Real Prop Farm & Ranch 1,075,740 N/A 1,075,740 1,075,740
E. Real Prop NonQual Acres 10,758,030 N/A 10,758,030 10,758,030
F1. Commercial Real 399,771 N/A 399,771 399,771
F2. Industrial Real 1,293,880 N/A 1,293,880 1,293,880
G. Oil, Gas, Minerals 174,499,672 1.0116 172,499,330 174,499,672
J. Utilities 48,359,716 .9777 49,463,095 48,359,716
L1. Commercial Personal 530,270 N/A 530,270 530,270
L2. Industrial Personal 8,114,470 N/A 8,114,470 8,114,470
M. Other Personal 732,924 N/A 732,924 732,924
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 263,655,057 262,418,959 263,655,057
Less Total Deductions 6,495,095   6,495,095 6,495,095
Total Taxable Value 257,159,962 255,923,864 257,159,962 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