taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

233/Val Verde

233-903/Comstock CISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 24,233,597 N/A 24,233,597 24,233,597
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 4,390,600 N/A 4,390,600 4,390,600
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 13,491,815 N/A 13,491,815 13,491,815
D2. Real Prop Farm & Ranch 255,820 N/A 255,820 255,820
E. Real Prop NonQual Acres 33,934,076 N/A 33,934,076 33,934,076
F1. Commercial Real 1,378,410 N/A 1,378,410 1,378,410
F2. Industrial Real 686,400 N/A 686,400 686,400
G. Oil, Gas, Minerals 38,441,725 N/A 38,441,725 38,441,725
J. Utilities 70,298,090 N/A 70,298,090 70,298,090
L1. Commercial Personal 164,780 N/A 164,780 164,780
L2. Industrial Personal 3,603,570 N/A 3,603,570 3,603,570
M. Other Personal 2,190,700 N/A 2,190,700 2,190,700
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 99,000 N/A 99,000 99,000
S. Special Inventory 0 N/A 0 0
Subtotal 193,168,583 193,168,583 193,168,583
Less Total Deductions 5,642,792   5,642,792 5,642,792
Total Taxable Value 187,525,791 187,525,791 187,525,791 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
189,039,938 187,525,791 188,656,395 187,142,248 187,623,404 187,239,861


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,514,147 383,543


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
189,039,938 187,525,791 188,656,395 187,142,248 187,623,404 187,239,861

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