taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

001/Anderson

001-903/Elkhart ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 86,759,473 .9671 89,710,964 86,759,473
B. Multi-Family Residences 646,061 N/A 646,061 646,061
C1. Vacant Lots 155,013 N/A 155,013 155,013
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 7,957,570 .9414 8,452,882 7,957,570
D2. Real Prop Farm & Ranch 340,583 N/A 340,583 340,583
E. Real Prop NonQual Acres 134,915,160 .8550 157,795,509 134,915,160
F1. Commercial Real 12,254,014 N/A 12,254,014 12,254,014
F2. Industrial Real 1,865,095 N/A 1,865,095 1,865,095
G. Oil, Gas, Minerals 26,391,012 1.0193 25,891,310 26,391,012
J. Utilities 24,592,413 .9827 25,025,352 24,592,413
L1. Commercial Personal 6,403,255 N/A 6,403,255 6,403,255
L2. Industrial Personal 9,546,430 N/A 9,546,430 9,546,430
M. Other Personal 9,638,321 N/A 9,638,321 9,638,321
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 22,304 N/A 22,304 22,304
S. Special Inventory 148,061 N/A 148,061 148,061
Subtotal 321,634,765 347,895,154 321,634,765
Less Total Deductions 61,820,300   63,707,821 61,820,300
Total Taxable Value 259,814,465 284,187,333 259,814,465 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
272,555,477 259,814,465 272,555,477 259,814,465


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
12,741,012 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
272,555,477 259,814,465 272,555,477 259,814,465

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

113/Houston

001-903/Elkhart ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 198,710 N/A 198,710 198,710
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 8,100 N/A 8,100 8,100
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 738,820 N/A 738,820 738,820
D2. Real Prop Farm & Ranch 410,090 N/A 410,090 410,090
E. Real Prop NonQual Acres 2,075,750 N/A 2,075,750 2,075,750
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 161,890 N/A 161,890 161,890
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 47,700 N/A 47,700 47,700
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 3,641,060 3,641,060 3,641,060
Less Total Deductions 597,805   597,805 597,805
Total Taxable Value 3,043,255 3,043,255 3,043,255 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
3,172,925 3,043,255 3,172,925 3,043,255


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
129,670 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
3,172,925 3,043,255 3,172,925 3,043,255

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

001-903/Elkhart ISD



Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 86,958,183 .9672 89,909,674 86,958,183
B. Multi-Family Residences 646,061 N/A 646,061 646,061
C1. Vacant Lots 163,113 N/A 163,113 163,113
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 8,696,390 .9461 9,191,702 8,696,390
D2. Real Prop Farm & Ranch 750,673 N/A 750,673 750,673
E. Real Prop NonQual Acres 136,990,910 .8569 159,871,259 136,990,910
F1. Commercial Real 12,254,014 N/A 12,254,014 12,254,014
F2. Industrial Real 1,865,095 N/A 1,865,095 1,865,095
G. Oil, Gas, Minerals 26,391,012 1.0193 25,891,310 26,391,012
J. Utilities 24,754,303 .9828 25,187,242 24,754,303
L1. Commercial Personal 6,403,255 N/A 6,403,255 6,403,255
L2. Industrial Personal 9,546,430 N/A 9,546,430 9,546,430
M. Other Personal 9,686,021 N/A 9,686,021 9,686,021
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 22,304 N/A 22,304 22,304
S. Special Inventory 148,061 N/A 148,061 148,061
Subtotal 325,275,825 351,536,214 325,275,825
Less Total Deductions 62,418,105   64,305,626 62,418,105
Total Taxable Value 262,857,720 287,230,588 262,857,720 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