taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

083/Gaines

083-902/Loop ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 0 N/A 0 0
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 198,450 N/A 198,450 198,450
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 15,959,541 1.6420 9,719,339 15,959,541
D2. Real Prop Farm & Ranch 425,661 N/A 425,661 425,661
E. Real Prop NonQual Acres 17,170,326 N/A 17,170,326 17,170,326
F1. Commercial Real 274,490 N/A 274,490 274,490
F2. Industrial Real 6,288,170 N/A 6,288,170 6,288,170
G. Oil, Gas, Minerals 221,898,946 .9987 222,187,790 221,898,946
J. Utilities 16,793,260 N/A 16,793,260 16,793,260
L1. Commercial Personal 177,650 N/A 177,650 177,650
L2. Industrial Personal 30,087,950 N/A 30,087,950 30,087,950
M. Other Personal 456,790 N/A 456,790 456,790
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 309,731,234 303,779,876 309,731,234
Less Total Deductions 4,201,111   4,201,111 4,201,111
Total Taxable Value 305,530,123 299,578,765 305,530,123 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
306,333,221 305,530,123 305,723,401 304,920,303


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
803,098 609,820


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
306,333,221 305,530,123 305,723,401 304,920,303

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

223/Terry

083-902/Loop ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 0 N/A 0 0
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) 598,155 N/A 598,155 598,155
D2. Real Prop Farm & Ranch 22,248 N/A 22,248 22,248
E. Real Prop NonQual Acres 11,834 N/A 11,834 11,834
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 7,691,314 N/A 7,691,314 7,691,314
J. Utilities 341,172 N/A 341,172 341,172
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 0 N/A 0 0
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 8,664,723 8,664,723 8,664,723
Less Total Deductions 0   0 0
Total Taxable Value 8,664,723 8,664,723 8,664,723 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

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
8,664,723 8,664,723 8,664,723 8,664,723


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
0 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
8,664,723 8,664,723 8,664,723 8,664,723

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

083-902/Loop ISD



Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 0 N/A 0 0
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 198,450 N/A 198,450 198,450
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 16,557,696 1.6048 10,317,494 16,557,696
D2. Real Prop Farm & Ranch 447,909 N/A 447,909 447,909
E. Real Prop NonQual Acres 17,182,160 N/A 17,182,160 17,182,160
F1. Commercial Real 274,490 N/A 274,490 274,490
F2. Industrial Real 6,288,170 N/A 6,288,170 6,288,170
G. Oil, Gas, Minerals 229,590,260 .9987 229,879,104 229,590,260
J. Utilities 17,134,432 N/A 17,134,432 17,134,432
L1. Commercial Personal 177,650 N/A 177,650 177,650
L2. Industrial Personal 30,087,950 N/A 30,087,950 30,087,950
M. Other Personal 456,790 N/A 456,790 456,790
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 318,395,957 312,444,599 318,395,957
Less Total Deductions 4,201,111   4,201,111 4,201,111
Total Taxable Value 314,194,846 308,243,488 314,194,846 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