taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

245/Willacy

245-904/San Perlita ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 36,517,550 N/A 36,517,550 36,517,550
B. Multi-Family Residences 1,500,348 N/A 1,500,348 1,500,348
C1. Vacant Lots 4,015,102 N/A 4,015,102 4,015,102
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 17,524,653 N/A 17,524,653 17,524,653
D2. Real Prop Farm & Ranch 782,824 N/A 782,824 782,824
E. Real Prop NonQual Acres 3,288,490 N/A 3,288,490 3,288,490
F1. Commercial Real 4,435,276 N/A 4,435,276 4,435,276
F2. Industrial Real 398,971 N/A 398,971 398,971
G. Oil, Gas, Minerals 564,071 N/A 564,071 564,071
J. Utilities 6,745,375 N/A 6,745,375 6,745,375
L1. Commercial Personal 43,059,335 N/A 43,059,335 43,059,335
L2. Industrial Personal 497,770 N/A 497,770 497,770
M. Other Personal 559,498 N/A 559,498 559,498
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 119,889,263 119,889,263 119,889,263
Less Total Deductions 38,460,832   38,460,832 38,460,832
Total Taxable Value 81,428,431 81,428,431 81,428,431 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
84,017,863 81,428,431 84,017,863 81,428,431 81,428,431 81,428,431


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,589,432 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
116,213,898 113,624,466 116,213,898 113,624,466 113,624,466 113,624,466

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