taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

153/Lynn

153-904/Tahoka ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 54,275,470 .9466 57,337,281 54,275,470
B. Multi-Family Residences 300,490 N/A 300,490 300,490
C1. Vacant Lots 470,950 N/A 470,950 470,950
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 27,647,550 1.0112 27,342,577 27,647,550
D2. Real Prop Farm & Ranch 2,203,050 N/A 2,203,050 2,203,050
E. Real Prop NonQual Acres 9,652,070 .9600 10,054,240 9,652,070
F1. Commercial Real 8,675,860 N/A 8,675,860 8,675,860
F2. Industrial Real 2,018,660 N/A 2,018,660 2,018,660
G. Oil, Gas, Minerals 3,554,010 1.0043 3,538,793 3,554,010
J. Utilities 16,450,950 1.0157 16,196,662 16,450,950
L1. Commercial Personal 4,181,690 N/A 4,181,690 4,181,690
L2. Industrial Personal 3,608,490 N/A 3,608,490 3,608,490
M. Other Personal 1,069,810 N/A 1,069,810 1,069,810
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 1,030,430 N/A 1,030,430 1,030,430
Subtotal 135,139,480 138,028,983 135,139,480
Less Total Deductions 23,197,675   24,011,124 23,197,675
Total Taxable Value 111,941,805 114,017,859 111,941,805 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
117,212,925 111,941,805 117,212,925 111,941,805


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,271,120 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
117,212,925 111,941,805 117,212,925 111,941,805

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

153-904/Tahoka 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) 480,282 N/A 480,282 480,282
D2. Real Prop Farm & Ranch 270 N/A 270 270
E. Real Prop NonQual Acres 162,000 N/A 162,000 162,000
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 10,916 N/A 10,916 10,916
J. Utilities 64,440 N/A 64,440 64,440
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 724 N/A 724 724
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 718,632 718,632 718,632
Less Total Deductions 0   0 0
Total Taxable Value 718,632 718,632 718,632 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
718,632 718,632 718,632 718,632


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
718,632 718,632 718,632 718,632

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

153-904/Tahoka ISD



Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 54,275,470 .9466 57,337,281 54,275,470
B. Multi-Family Residences 300,490 N/A 300,490 300,490
C1. Vacant Lots 470,950 N/A 470,950 470,950
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 28,127,832 1.0110 27,822,859 28,127,832
D2. Real Prop Farm & Ranch 2,203,320 N/A 2,203,320 2,203,320
E. Real Prop NonQual Acres 9,814,070 .9606 10,216,240 9,814,070
F1. Commercial Real 8,675,860 N/A 8,675,860 8,675,860
F2. Industrial Real 2,018,660 N/A 2,018,660 2,018,660
G. Oil, Gas, Minerals 3,564,926 1.0043 3,549,709 3,564,926
J. Utilities 16,515,390 1.0156 16,261,102 16,515,390
L1. Commercial Personal 4,181,690 N/A 4,181,690 4,181,690
L2. Industrial Personal 3,609,214 N/A 3,609,214 3,609,214
M. Other Personal 1,069,810 N/A 1,069,810 1,069,810
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 1,030,430 N/A 1,030,430 1,030,430
Subtotal 135,858,112 138,747,615 135,858,112
Less Total Deductions 23,197,675   24,011,124 23,197,675
Total Taxable Value 112,660,437 114,736,491 112,660,437 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