taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

011/Bastrop

011-904/Smithville ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 371,782,574 .9994 372,005,777 371,782,574
B. Multi-Family Residences 5,316,605 N/A 5,316,605 5,316,605
C1. Vacant Lots 19,345,100 N/A 19,345,100 19,345,100
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 12,378,621 1.2332 10,037,881 12,378,621
D2. Real Prop Farm & Ranch 0 N/A 0 0
E. Real Prop NonQual Acres 176,049,647 1.0227 172,142,023 176,049,647
F1. Commercial Real 45,193,940 .8856 51,032,001 45,193,940
F2. Industrial Real 1,413,288 N/A 1,413,288 1,413,288
G. Oil, Gas, Minerals 9,960,056 N/A 9,960,056 9,960,056
J. Utilities 37,656,522 .9760 38,582,502 37,656,522
L1. Commercial Personal 13,709,300 N/A 13,709,300 13,709,300
L2. Industrial Personal 6,686,494 N/A 6,686,494 6,686,494
M. Other Personal 15,074,809 N/A 15,074,809 15,074,809
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 862,390 N/A 862,390 862,390
Subtotal 715,429,346 716,168,226 715,429,346
Less Total Deductions 115,017,573   115,111,905 115,017,573
Total Taxable Value 600,411,773 601,056,321 600,411,773 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
623,302,940 600,411,773 623,302,940 600,411,773


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
22,891,167 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
623,302,940 600,411,773 623,302,940 600,411,773

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

075/Fayette

011-904/Smithville ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 2,100,070 N/A 2,100,070 2,100,070
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 312,720 N/A 312,720 312,720
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 541,880 N/A 541,880 541,880
D2. Real Prop Farm & Ranch 3,270 N/A 3,270 3,270
E. Real Prop NonQual Acres 9,588,960 N/A 9,588,960 9,588,960
F1. Commercial Real 177,930 N/A 177,930 177,930
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 362,180 N/A 362,180 362,180
J. Utilities 1,787,720 N/A 1,787,720 1,787,720
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 268,420 N/A 268,420 268,420
M. Other Personal 250,460 N/A 250,460 250,460
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 15,393,610 15,393,610 15,393,610
Less Total Deductions 1,369,095   1,369,095 1,369,095
Total Taxable Value 14,024,515 14,024,515 14,024,515 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
14,414,175 14,024,515 14,414,175 14,024,515


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
389,660 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
14,414,175 14,024,515 14,414,175 14,024,515

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

011-904/Smithville ISD



Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 373,882,644 .9994 374,105,847 373,882,644
B. Multi-Family Residences 5,316,605 N/A 5,316,605 5,316,605
C1. Vacant Lots 19,657,820 N/A 19,657,820 19,657,820
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 12,920,501 1.2212 10,579,761 12,920,501
D2. Real Prop Farm & Ranch 3,270 N/A 3,270 3,270
E. Real Prop NonQual Acres 185,638,607 1.0215 181,730,983 185,638,607
F1. Commercial Real 45,371,870 .8860 51,209,931 45,371,870
F2. Industrial Real 1,413,288 N/A 1,413,288 1,413,288
G. Oil, Gas, Minerals 10,322,236 N/A 10,322,236 10,322,236
J. Utilities 39,444,242 .9771 40,370,222 39,444,242
L1. Commercial Personal 13,709,300 N/A 13,709,300 13,709,300
L2. Industrial Personal 6,954,914 N/A 6,954,914 6,954,914
M. Other Personal 15,325,269 N/A 15,325,269 15,325,269
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 862,390 N/A 862,390 862,390
Subtotal 730,822,956 731,561,836 730,822,956
Less Total Deductions 116,386,668   116,481,000 116,386,668
Total Taxable Value 614,436,288 615,080,836 614,436,288 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