taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

212/Smith

212-905/Tyler ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 4,179,875,197 N/A 4,179,875,197 4,179,875,197
B. Multi-Family Residences 458,662,669 N/A 458,662,669 458,662,669
C1. Vacant Lots 191,014,550 N/A 191,014,550 191,014,550
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 9,653,115 N/A 9,653,115 9,653,115
D2. Real Prop Farm & Ranch 3,938,870 N/A 3,938,870 3,938,870
E. Real Prop NonQual Acres 293,306,610 N/A 293,306,610 293,306,610
F1. Commercial Real 1,936,215,886 N/A 1,936,215,886 1,936,215,886
F2. Industrial Real 245,094,244 N/A 245,094,244 245,094,244
G. Oil, Gas, Minerals 71,045,717 N/A 71,045,717 71,045,717
J. Utilities 185,116,220 N/A 185,116,220 185,116,220
L1. Commercial Personal 802,268,296 N/A 802,268,296 802,268,296
L2. Industrial Personal 275,492,302 N/A 275,492,302 275,492,302
M. Other Personal 21,155,801 N/A 21,155,801 21,155,801
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 27,235,511 N/A 27,235,511 27,235,511
S. Special Inventory 61,762,884 N/A 61,762,884 61,762,884
Subtotal 8,761,837,872 8,761,837,872 8,761,837,872
Less Total Deductions 1,008,751,508   1,008,751,508 1,008,751,508
Total Taxable Value 7,753,086,364 7,753,086,364 7,753,086,364 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
7,988,044,980 7,753,086,364 7,988,044,980 7,753,086,364 7,827,966,728 7,827,966,728


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
234,958,616 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
7,988,044,980 7,753,086,364 7,988,044,980 7,753,086,364 7,827,966,728 7,827,966,728

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