taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

041/Coke

226-905/Water Valley ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 86,470 N/A 86,470 86,470
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 0 N/A 0 0
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,834,070 N/A 4,834,070 4,834,070
D2. Real Prop Farm & Ranch 159,010 N/A 159,010 159,010
E. Real Prop NonQual Acres 2,548,970 N/A 2,548,970 2,548,970
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 1,433,790 N/A 1,433,790 1,433,790
J. Utilities 6,207,780 N/A 6,207,780 6,207,780
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 140,190 N/A 140,190 140,190
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 15,410,280 15,410,280 15,410,280
Less Total Deductions 511,051   511,051 511,051
Total Taxable Value 14,899,229 14,899,229 14,899,229 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
15,023,659 14,899,229 15,023,659 14,899,229 14,899,229 14,899,229


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
124,430 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
15,023,659 14,899,229 15,023,659 14,899,229 14,899,229 14,899,229

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

226/Tom Green

226-905/Water Valley ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 43,730,260 N/A 43,730,260 43,730,260
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 1,438,020 N/A 1,438,020 1,438,020
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 10,578,780 N/A 10,578,780 10,578,780
D2. Real Prop Farm & Ranch 1,371,490 N/A 1,371,490 1,371,490
E. Real Prop NonQual Acres 11,649,320 N/A 11,649,320 11,649,320
F1. Commercial Real 748,190 N/A 748,190 748,190
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 26,635,880 N/A 26,635,880 26,635,880
J. Utilities 16,105,210 N/A 16,105,210 16,105,210
L1. Commercial Personal 2,692,710 N/A 2,692,710 2,692,710
L2. Industrial Personal 7,333,330 N/A 7,333,330 7,333,330
M. Other Personal 626,900 N/A 626,900 626,900
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 129,520 N/A 129,520 129,520
S. Special Inventory 80 N/A 80 80
Subtotal 123,039,690 123,039,690 123,039,690
Less Total Deductions 15,424,196   15,424,196 15,424,196
Total Taxable Value 107,615,494 107,615,494 107,615,494 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
111,946,254 107,615,494 111,946,254 107,615,494 108,765,641 108,765,641


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,330,760 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
111,946,254 107,615,494 111,946,254 107,615,494 108,765,641 108,765,641

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

226-905/Water Valley ISD



Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 43,816,730 N/A 43,816,730 43,816,730
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 1,438,020 N/A 1,438,020 1,438,020
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 15,412,850 N/A 15,412,850 15,412,850
D2. Real Prop Farm & Ranch 1,530,500 N/A 1,530,500 1,530,500
E. Real Prop NonQual Acres 14,198,290 N/A 14,198,290 14,198,290
F1. Commercial Real 748,190 N/A 748,190 748,190
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 28,069,670 N/A 28,069,670 28,069,670
J. Utilities 22,312,990 N/A 22,312,990 22,312,990
L1. Commercial Personal 2,692,710 N/A 2,692,710 2,692,710
L2. Industrial Personal 7,333,330 N/A 7,333,330 7,333,330
M. Other Personal 767,090 N/A 767,090 767,090
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 129,520 N/A 129,520 129,520
S. Special Inventory 80 N/A 80 80
Subtotal 138,449,970 138,449,970 138,449,970
Less Total Deductions 15,935,247   15,935,247 15,935,247
Total Taxable Value 122,514,723 122,514,723 122,514,723 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