taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

013/Bee

013-903/Pettus ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 22,043,990 .9578 23,015,233 22,043,990
B. Multi-Family Residences 217,580 N/A 217,580 217,580
C1. Vacant Lots 15,790 N/A 15,790 15,790
C2. Colonia Lots 1,216,110 N/A 1,216,110 1,216,110
D1. Rural Real(Taxable) 5,279,340 1.0910 4,838,977 5,279,340
D2. Real Prop Farm & Ranch 2,923,170 N/A 2,923,170 2,923,170
E. Real Prop NonQual Acres 24,424,350 .9512 25,677,407 24,424,350
F1. Commercial Real 1,146,240 N/A 1,146,240 1,146,240
F2. Industrial Real 323,085,290 N/A 323,085,290 323,085,290
G. Oil, Gas, Minerals 19,944,700 1.0602 18,812,205 19,944,700
J. Utilities 77,913,010 .9203 84,660,448 77,913,010
L1. Commercial Personal 3,415,550 N/A 3,415,550 3,415,550
L2. Industrial Personal 21,883,030 N/A 21,883,030 21,883,030
M. Other Personal 1,064,730 N/A 1,064,730 1,064,730
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 504,572,880 511,971,760 504,572,880
Less Total Deductions 28,677,529   29,180,641 28,677,529
Total Taxable Value 475,895,351 482,791,119 475,895,351 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
478,773,871 475,895,351 478,773,871 475,895,351


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,878,520 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
478,773,871 475,895,351 478,773,871 475,895,351

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

128/Karnes

013-903/Pettus ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 1,023,759 N/A 1,023,759 1,023,759
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 0 N/A 0 0
C2. Colonia Lots 10,000 N/A 10,000 10,000
D1. Rural Real(Taxable) 2,072,143 N/A 2,072,143 2,072,143
D2. Real Prop Farm & Ranch 1,057,714 N/A 1,057,714 1,057,714
E. Real Prop NonQual Acres 9,567,755 N/A 9,567,755 9,567,755
F1. Commercial Real 1,335,307 N/A 1,335,307 1,335,307
F2. Industrial Real 78,528,000 N/A 78,528,000 78,528,000
G. Oil, Gas, Minerals 20,670,250 N/A 20,670,250 20,670,250
J. Utilities 23,791,530 N/A 23,791,530 23,791,530
L1. Commercial Personal 134,981 N/A 134,981 134,981
L2. Industrial Personal 310,840 N/A 310,840 310,840
M. Other Personal 713,846 N/A 713,846 713,846
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 139,216,125 139,216,125 139,216,125
Less Total Deductions 71,377,479   71,377,479 71,377,479
Total Taxable Value 67,838,646 67,838,646 67,838,646 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
68,273,361 67,838,646 68,273,361 67,838,646


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
434,715 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
136,801,361 136,366,646 136,801,361 136,366,646

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

013-903/Pettus ISD



Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 23,067,749 .9596 24,038,992 23,067,749
B. Multi-Family Residences 217,580 N/A 217,580 217,580
C1. Vacant Lots 15,790 N/A 15,790 15,790
C2. Colonia Lots 1,226,110 N/A 1,226,110 1,226,110
D1. Rural Real(Taxable) 7,351,483 1.0637 6,911,120 7,351,483
D2. Real Prop Farm & Ranch 3,980,884 N/A 3,980,884 3,980,884
E. Real Prop NonQual Acres 33,992,105 .9644 35,245,162 33,992,105
F1. Commercial Real 2,481,547 N/A 2,481,547 2,481,547
F2. Industrial Real 401,613,290 N/A 401,613,290 401,613,290
G. Oil, Gas, Minerals 40,614,950 1.0287 39,482,455 40,614,950
J. Utilities 101,704,540 .9378 108,451,978 101,704,540
L1. Commercial Personal 3,550,531 N/A 3,550,531 3,550,531
L2. Industrial Personal 22,193,870 N/A 22,193,870 22,193,870
M. Other Personal 1,778,576 N/A 1,778,576 1,778,576
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 643,789,005 651,187,885 643,789,005
Less Total Deductions 100,055,008   100,558,120 100,055,008
Total Taxable Value 543,733,997 550,629,765 543,733,997 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