taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

072/Erath

072-901/Three-Way ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 1,852,710 N/A 1,852,710 1,852,710
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 111,040 N/A 111,040 111,040
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,046,800 N/A 5,046,800 5,046,800
D2. Real Prop Farm & Ranch 674,710 N/A 674,710 674,710
E. Real Prop NonQual Acres 31,762,820 N/A 31,762,820 31,762,820
F1. Commercial Real 937,920 N/A 937,920 937,920
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 64,980 N/A 64,980 64,980
J. Utilities 5,104,670 N/A 5,104,670 5,104,670
L1. Commercial Personal 772,140 N/A 772,140 772,140
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 673,560 N/A 673,560 673,560
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 47,001,350 47,001,350 47,001,350
Less Total Deductions 4,044,363   4,044,363 4,044,363
Total Taxable Value 42,956,987 42,956,987 42,956,987 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
44,226,567 42,956,987 44,226,567 42,956,987 42,956,987 42,956,987


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,269,580 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
44,226,567 42,956,987 44,226,567 42,956,987 42,956,987 42,956,987

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

213/Somervell

072-901/Three-Way ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 1,339,940 N/A 1,339,940 1,339,940
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 323,970 N/A 323,970 323,970
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 91,010 N/A 91,010 91,010
D2. Real Prop Farm & Ranch 120,970 N/A 120,970 120,970
E. Real Prop NonQual Acres 1,900,240 N/A 1,900,240 1,900,240
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 53,270 N/A 53,270 53,270
L1. Commercial Personal 0 N/A 0 0
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 3,829,400 3,829,400 3,829,400
Less Total Deductions 623,395   623,395 623,395
Total Taxable Value 3,206,005 3,206,005 3,206,005 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
3,316,005 3,206,005 3,316,005 3,206,005 3,206,005 3,206,005


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
110,000 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
3,316,005 3,206,005 3,316,005 3,206,005 3,206,005 3,206,005

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

072-901/Three-Way ISD



Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 3,192,650 N/A 3,192,650 3,192,650
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 435,010 N/A 435,010 435,010
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,137,810 N/A 5,137,810 5,137,810
D2. Real Prop Farm & Ranch 795,680 N/A 795,680 795,680
E. Real Prop NonQual Acres 33,663,060 N/A 33,663,060 33,663,060
F1. Commercial Real 937,920 N/A 937,920 937,920
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 64,980 N/A 64,980 64,980
J. Utilities 5,157,940 N/A 5,157,940 5,157,940
L1. Commercial Personal 772,140 N/A 772,140 772,140
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 673,560 N/A 673,560 673,560
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 50,830,750 50,830,750 50,830,750
Less Total Deductions 4,667,758   4,667,758 4,667,758
Total Taxable Value 46,162,992 46,162,992 46,162,992 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