taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

002/Andrews

002-901/Andrews ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 679,244,401 N/A 679,244,401 679,244,401
B. Multi-Family Residences 15,637,690 N/A 15,637,690 15,637,690
C1. Vacant Lots 15,749,973 N/A 15,749,973 15,749,973
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 14,592,387 N/A 14,592,387 14,592,387
D2. Real Prop Farm & Ranch 744,816 N/A 744,816 744,816
E. Real Prop NonQual Acres 27,815,920 N/A 27,815,920 27,815,920
F1. Commercial Real 106,661,353 N/A 106,661,353 106,661,353
F2. Industrial Real 173,513,481 N/A 173,513,481 173,513,481
G. Oil, Gas, Minerals 3,133,417,388 N/A 3,133,417,388 3,133,417,388
J. Utilities 209,959,528 N/A 209,959,528 209,959,528
L1. Commercial Personal 48,084,511 N/A 48,084,511 48,084,511
L2. Industrial Personal 442,573,789 N/A 442,573,789 442,573,789
M. Other Personal 16,462,104 N/A 16,462,104 16,462,104
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 106,086 N/A 106,086 106,086
S. Special Inventory 6,722,064 N/A 6,722,064 6,722,064
Subtotal 4,891,285,491 4,891,285,491 4,891,285,491
Less Total Deductions 211,690,555   211,690,555 211,690,555
Total Taxable Value 4,679,594,936 4,679,594,936 4,679,594,936 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
4,712,506,209 4,679,594,936 4,663,223,217 4,630,311,944


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
32,911,273 49,282,992


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
4,712,506,209 4,679,594,936 4,663,223,217 4,630,311,944

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