taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

226/Tom Green

226-903/San Angelo ISD

** This district is in year 2 of the grace period.


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 3,337,492,723 .9321 3,580,616,589 3,337,492,723
B. Multi-Family Residences 178,112,070 N/A 178,112,070 178,112,070
C1. Vacant Lots 69,499,540 N/A 69,499,540 69,499,540
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 7,688,320 1.0490 7,329,324 7,688,320
D2. Real Prop Farm & Ranch 1,850,080 N/A 1,850,080 1,850,080
E. Real Prop NonQual Acres 32,404,990 N/A 32,404,990 32,404,990
F1. Commercial Real 726,879,700 .9221 788,287,279 726,879,700
F2. Industrial Real 27,967,360 N/A 27,967,360 27,967,360
G. Oil, Gas, Minerals 828,400 N/A 828,400 828,400
J. Utilities 125,831,430 N/A 125,831,430 125,831,430
L1. Commercial Personal 432,637,180 .9948 434,898,653 432,637,180
L2. Industrial Personal 258,403,640 N/A 258,403,640 258,403,640
M. Other Personal 7,066,000 N/A 7,066,000 7,066,000
N. Intangible Personal Prop 29,650 N/A 29,650 29,650
O. Residential Inventory 11,849,050 N/A 11,849,050 11,849,050
S. Special Inventory 39,096,740 N/A 39,096,740 39,096,740
Subtotal 5,257,636,873 5,564,070,795 5,257,636,873
Less Total Deductions 956,835,814   1,030,477,613 956,835,814
Total Taxable Value 4,300,801,059 4,533,593,182 4,300,801,059 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
4,514,976,316 4,300,801,059 4,514,976,316 4,300,801,059 4,400,033,962 4,400,033,962


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
214,175,257 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
4,514,976,316 4,300,801,059 4,514,976,316 4,300,801,059 4,400,033,962 4,400,033,962

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 invalid, but local value was certified because your school district is in year two of the grace period.