taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

133/Kerr

133-905/Divide ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 156,835 N/A 156,835 156,835
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 110,000 N/A 110,000 110,000
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 10,465,988 .9940 10,529,159 10,465,988
D2. Real Prop Farm & Ranch 644,111 N/A 644,111 644,111
E. Real Prop NonQual Acres 47,375,595 1.0555 44,884,505 47,375,595
F1. Commercial Real 386,734 N/A 386,734 386,734
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 3,785,943 .7755 4,881,938 3,785,943
L1. Commercial Personal 472,662 N/A 472,662 472,662
L2. Industrial Personal 632,382 N/A 632,382 632,382
M. Other Personal 739,898 N/A 739,898 739,898
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 550,035 N/A 550,035 550,035
S. Special Inventory 0 N/A 0 0
Subtotal 65,320,183 63,988,259 65,320,183
Less Total Deductions 2,548,423   2,548,423 2,548,423
Total Taxable Value 62,771,760 61,439,836 62,771,760 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
63,133,250 62,771,760 63,133,250 62,771,760


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
361,490 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
63,133,250 62,771,760 63,133,250 62,771,760

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