taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

210/Shelby

210-901/Center ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 151,334,823 N/A 151,334,823 151,334,823
B. Multi-Family Residences 1,822,220 N/A 1,822,220 1,822,220
C1. Vacant Lots 4,695,291 N/A 4,695,291 4,695,291
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 18,365,325 N/A 18,365,325 18,365,325
D2. Real Prop Farm & Ranch 12,123,629 N/A 12,123,629 12,123,629
E. Real Prop NonQual Acres 86,831,696 N/A 86,831,696 86,831,696
F1. Commercial Real 108,729,361 N/A 108,729,361 108,729,361
F2. Industrial Real 17,759,330 N/A 17,759,330 17,759,330
G. Oil, Gas, Minerals 99,468,760 N/A 99,468,760 99,468,760
J. Utilities 69,643,130 N/A 69,643,130 69,643,130
L1. Commercial Personal 42,668,374 N/A 42,668,374 42,668,374
L2. Industrial Personal 73,206,750 N/A 73,206,750 73,206,750
M. Other Personal 8,021,970 N/A 8,021,970 8,021,970
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 35,460 N/A 35,460 35,460
S. Special Inventory 3,467,460 N/A 3,467,460 3,467,460
Subtotal 698,173,579 698,173,579 698,173,579
Less Total Deductions 75,876,134   75,876,134 75,876,134
Total Taxable Value 622,297,445 622,297,445 622,297,445 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
645,424,541 622,297,445 628,207,573 605,080,477 624,107,611 606,890,643


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
23,127,096 17,216,968


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
645,424,541 622,297,445 628,207,573 605,080,477 624,107,611 606,890,643

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