taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

014/Bell

014-908/Salado ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 508,937,940 .9834 517,528,920 508,937,940
B. Multi-Family Residences 4,255,019 N/A 4,255,019 4,255,019
C1. Vacant Lots 27,629,511 N/A 27,629,511 27,629,511
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 9,539,331 .7554 12,628,445 9,539,331
D2. Real Prop Farm & Ranch 2,398,080 N/A 2,398,080 2,398,080
E. Real Prop NonQual Acres 123,385,034 .9209 133,983,097 123,385,034
F1. Commercial Real 50,730,884 .9221 55,016,684 50,730,884
F2. Industrial Real 239,177 N/A 239,177 239,177
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 26,955,661 N/A 26,955,661 26,955,661
L1. Commercial Personal 29,828,613 N/A 29,828,613 29,828,613
L2. Industrial Personal 3,997,867 N/A 3,997,867 3,997,867
M. Other Personal 1,645,539 N/A 1,645,539 1,645,539
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 10,048,329 N/A 10,048,329 10,048,329
S. Special Inventory 1,686,894 N/A 1,686,894 1,686,894
Subtotal 801,277,879 827,841,836 801,277,879
Less Total Deductions 106,786,182   110,035,154 106,786,182
Total Taxable Value 694,491,697 717,806,682 694,491,697 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
715,428,061 694,491,697 715,428,061 694,491,697


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
20,936,364 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
715,428,061 694,491,697 715,428,061 694,491,697

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