taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

212/Smith

212-909/Chapel Hill ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 648,803,719 N/A 648,803,719 648,803,719
B. Multi-Family Residences 70,909,754 N/A 70,909,754 70,909,754
C1. Vacant Lots 21,924,054 N/A 21,924,054 21,924,054
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 10,783,933 N/A 10,783,933 10,783,933
D2. Real Prop Farm & Ranch 1,300,041 N/A 1,300,041 1,300,041
E. Real Prop NonQual Acres 146,739,997 N/A 146,739,997 146,739,997
F1. Commercial Real 84,842,725 N/A 84,842,725 84,842,725
F2. Industrial Real 5,273,196 N/A 5,273,196 5,273,196
G. Oil, Gas, Minerals 52,457,825 N/A 52,457,825 52,457,825
J. Utilities 40,845,008 N/A 40,845,008 40,845,008
L1. Commercial Personal 85,640,261 N/A 85,640,261 85,640,261
L2. Industrial Personal 125,943,123 N/A 125,943,123 125,943,123
M. Other Personal 12,060,305 N/A 12,060,305 12,060,305
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 3,069,670 N/A 3,069,670 3,069,670
S. Special Inventory 1,925,423 N/A 1,925,423 1,925,423
Subtotal 1,312,519,034 1,312,519,034 1,312,519,034
Less Total Deductions 170,811,840   170,811,840 170,811,840
Total Taxable Value 1,141,707,194 1,141,707,194 1,141,707,194 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
1,185,280,307 1,141,707,194 1,185,280,307 1,141,707,194 1,157,104,222 1,157,104,222


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
43,573,113 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
1,185,280,307 1,141,707,194 1,185,280,307 1,141,707,194 1,157,104,222 1,157,104,222

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