taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

218/Sutton

218-901/Sonora ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 100,069,943 .9757 102,562,205 100,069,943
B. Multi-Family Residences 3,525,471 N/A 3,525,471 3,525,471
C1. Vacant Lots 1,736,320 N/A 1,736,320 1,736,320
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 39,067,990 1.1265 34,681,371 39,067,990
D2. Real Prop Farm & Ranch 0 N/A 0 0
E. Real Prop NonQual Acres 68,849,165 1.0028 68,656,926 68,849,165
F1. Commercial Real 38,359,323 .9029 42,484,575 38,359,323
F2. Industrial Real 11,707,490 N/A 11,707,490 11,707,490
G. Oil, Gas, Minerals 168,531,987 1.0508 160,384,457 168,531,987
J. Utilities 111,083,990 .5774 192,386,543 111,083,990
L1. Commercial Personal 6,800,460 N/A 6,800,460 6,800,460
L2. Industrial Personal 112,463,760 N/A 112,463,760 112,463,760
M. Other Personal 4,972,270 N/A 4,972,270 4,972,270
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 667,168,169 742,361,848 667,168,169
Less Total Deductions 44,109,883   45,100,731 44,109,883
Total Taxable Value 623,058,286 697,261,117 623,058,286 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
631,813,674 623,058,286 622,508,218 613,752,830 624,316,084 615,010,628


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
8,755,388 9,305,456


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
631,813,674 623,058,286 622,508,218 613,752,830 624,316,084 615,010,628

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