taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

105/Hays

105-904/Dripping Springs ISD

* This district is in year 1 of the grace period.


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 2,549,308,781 .9183 2,776,117,588 2,549,308,781
B. Multi-Family Residences 11,989,354 N/A 11,989,354 11,989,354
C1. Vacant Lots 144,128,850 N/A 144,128,850 144,128,850
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,304,451 1.0134 6,221,357 6,304,451
D2. Real Prop Farm & Ranch 341,190 N/A 341,190 341,190
E. Real Prop NonQual Acres 329,951,128 .8319 396,623,546 329,951,128
F1. Commercial Real 177,550,401 N/A 177,550,401 177,550,401
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 29,134,226 N/A 29,134,226 29,134,226
L1. Commercial Personal 52,998,140 N/A 52,998,140 52,998,140
L2. Industrial Personal 7,047,347 N/A 7,047,347 7,047,347
M. Other Personal 4,478,890 N/A 4,478,890 4,478,890
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 21,573,260 N/A 21,573,260 21,573,260
S. Special Inventory 414,144 N/A 414,144 414,144
Subtotal 3,335,220,162 3,628,618,293 3,335,220,162
Less Total Deductions 251,687,452   297,651,019 251,687,452
Total Taxable Value 3,083,532,710 3,330,967,274 3,083,532,710 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
3,153,633,763 3,083,532,710 3,153,633,763 3,083,532,710 3,090,115,868 3,090,115,868


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
70,101,053 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
3,153,633,763 3,083,532,710 3,153,633,763 3,083,532,710 3,090,115,868 3,090,115,868

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 one of the grace period.

227/Travis

105-904/Dripping Springs ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 4,506,328 N/A 4,506,328 4,506,328
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 359,543 N/A 359,543 359,543
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 260,782 N/A 260,782 260,782
D2. Real Prop Farm & Ranch 1,351,309 N/A 1,351,309 1,351,309
E. Real Prop NonQual Acres 3,624,505 N/A 3,624,505 3,624,505
F1. Commercial Real 170,576 N/A 170,576 170,576
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 879,260 N/A 879,260 879,260
L1. Commercial Personal 31,542 N/A 31,542 31,542
L2. Industrial Personal 229,050 N/A 229,050 229,050
M. Other Personal 69,080 N/A 69,080 69,080
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 11,481,975 11,481,975 11,481,975
Less Total Deductions 566,727   566,727 566,727
Total Taxable Value 10,915,248 10,915,248 10,915,248 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
11,061,048 10,915,248 11,061,048 10,915,248 11,012,814 11,012,814


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
145,800 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
11,061,048 10,915,248 11,061,048 10,915,248 11,012,814 11,012,814

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

105-904/Dripping Springs ISD



Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 2,553,815,109 .9184 2,780,623,916 2,553,815,109
B. Multi-Family Residences 11,989,354 N/A 11,989,354 11,989,354
C1. Vacant Lots 144,488,393 N/A 144,488,393 144,488,393
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,565,233 1.0128 6,482,139 6,565,233
D2. Real Prop Farm & Ranch 1,692,499 N/A 1,692,499 1,692,499
E. Real Prop NonQual Acres 333,575,633 .8334 400,248,051 333,575,633
F1. Commercial Real 177,720,977 N/A 177,720,977 177,720,977
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 30,013,486 N/A 30,013,486 30,013,486
L1. Commercial Personal 53,029,682 N/A 53,029,682 53,029,682
L2. Industrial Personal 7,276,397 N/A 7,276,397 7,276,397
M. Other Personal 4,547,970 N/A 4,547,970 4,547,970
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 21,573,260 N/A 21,573,260 21,573,260
S. Special Inventory 414,144 N/A 414,144 414,144
Subtotal 3,346,702,137 3,640,100,268 3,346,702,137
Less Total Deductions 252,254,179   298,217,746 252,254,179
Total Taxable Value 3,094,447,958 3,341,882,522 3,094,447,958 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