taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

081/Freestone

081-904/Teague ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 91,989,808 .9690 94,932,722 91,989,808
B. Multi-Family Residences 412,250 N/A 412,250 412,250
C1. Vacant Lots 1,968,427 N/A 1,968,427 1,968,427
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 10,425,572 .8774 11,882,807 10,425,572
D2. Real Prop Farm & Ranch 5,678,199 N/A 5,678,199 5,678,199
E. Real Prop NonQual Acres 114,740,121 1.0315 111,236,181 114,740,121
F1. Commercial Real 12,047,365 N/A 12,047,365 12,047,365
F2. Industrial Real 17,656,916 N/A 17,656,916 17,656,916
G. Oil, Gas, Minerals 338,609,260 .9903 341,925,942 338,609,260
J. Utilities 291,082,583 .9607 302,990,094 291,082,583
L1. Commercial Personal 12,640,127 N/A 12,640,127 12,640,127
L2. Industrial Personal 80,580,010 N/A 80,580,010 80,580,010
M. Other Personal 8,248,955 N/A 8,248,955 8,248,955
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 90,435 N/A 90,435 90,435
S. Special Inventory 108,326 N/A 108,326 108,326
Subtotal 986,278,354 1,002,398,756 986,278,354
Less Total Deductions 63,302,086   64,552,385 63,302,086
Total Taxable Value 922,976,268 937,846,371 922,976,268 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 T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
934,445,631 922,976,268 934,445,631 922,976,268


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
11,469,363 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

Value Taxable For I&S Purposes

T7 T8 T9 T10
934,445,631 922,976,268 934,445,631 922,976,268

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

The PVS found your local value to be valid, and local value was certified