taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

025/Brown

167-902/Mullin ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 0 N/A 0 0
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 0 N/A 0 0
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 15,190 N/A 15,190 15,190
D2. Real Prop Farm & Ranch 22,390 N/A 22,390 22,390
E. Real Prop NonQual Acres 404,870 N/A 404,870 404,870
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 3,690 N/A 3,690 3,690
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 0 N/A 0 0
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 446,140 446,140 446,140
Less Total Deductions 217,308   217,308 217,308
Total Taxable Value 228,832 228,832 228,832 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
238,832 228,832 238,832 228,832


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
10,000 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
238,832 228,832 238,832 228,832

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

047/Comanche

167-902/Mullin ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 99,480 N/A 99,480 99,480
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 3,500 N/A 3,500 3,500
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 468,740 N/A 468,740 468,740
D2. Real Prop Farm & Ranch 55,730 N/A 55,730 55,730
E. Real Prop NonQual Acres 1,017,340 N/A 1,017,340 1,017,340
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 17,230 N/A 17,230 17,230
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 37,390 N/A 37,390 37,390
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 1,699,410 1,699,410 1,699,410
Less Total Deductions 156,833   156,833 156,833
Total Taxable Value 1,542,577 1,542,577 1,542,577 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
1,573,737 1,542,577 1,573,737 1,542,577


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
31,160 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
1,573,737 1,542,577 1,573,737 1,542,577

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

167/Mills

167-902/Mullin ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 4,154,590 .8929 4,652,917 4,652,917
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 72,420 N/A 72,420 72,420
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 13,499,100 1.0326 13,073,162 13,073,162
D2. Real Prop Farm & Ranch 1,103,390 N/A 1,103,390 1,103,390
E. Real Prop NonQual Acres 39,888,660 .8770 45,483,079 45,483,079
F1. Commercial Real 655,160 N/A 655,160 655,160
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 4,320 N/A 4,320 4,320
J. Utilities 23,007,460 1.1671 19,713,358 19,713,358
L1. Commercial Personal 339,780 N/A 339,780 339,780
L2. Industrial Personal 242,670 N/A 242,670 242,670
M. Other Personal 324,980 N/A 324,980 324,980
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 83,292,530 85,665,236 85,665,236
Less Total Deductions 10,148,838   11,565,734 11,565,734
Total Taxable Value 73,143,692 74,099,502 74,099,502 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
76,297,932 74,099,502 76,297,932 74,099,502


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,198,430 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
76,297,932 74,099,502 76,297,932 74,099,502

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 taxable value to be invalid, and state value was certified because your local value:

1) was invalid in one or more of the previous two years or

2) is less than 90% of the lower end of the margin of error range or

3) The appraisal district that appraises property for the school district was not in compliance with the scoring requirement of the Comptroller's most recent review of the appraisal district conducted under section 5.102, Tax Code (MAP Review)

167-902/Mullin ISD



Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 4,254,070 .8951 4,752,397 4,752,397
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 75,920 N/A 75,920 75,920
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 13,983,030 1.0314 13,557,092 13,557,092
D2. Real Prop Farm & Ranch 1,181,510 N/A 1,181,510 1,181,510
E. Real Prop NonQual Acres 41,310,870 .8807 46,905,289 46,905,289
F1. Commercial Real 655,160 N/A 655,160 655,160
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 4,320 N/A 4,320 4,320
J. Utilities 23,028,380 1.1669 19,734,278 19,734,278
L1. Commercial Personal 339,780 N/A 339,780 339,780
L2. Industrial Personal 242,670 N/A 242,670 242,670
M. Other Personal 362,370 N/A 362,370 362,370
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 85,438,080 87,810,786 87,810,786
Less Total Deductions 10,522,979   11,939,875 11,939,875
Total Taxable Value 74,915,101 75,870,911 75,870,911 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