taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

026/Burleson

026-903/Snook ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 35,065,564 .9697 36,161,250 35,065,564
B. Multi-Family Residences 146,568 N/A 146,568 146,568
C1. Vacant Lots 9,321,812 N/A 9,321,812 9,321,812
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 11,697,066 .8296 14,100,143 11,697,066
D2. Real Prop Farm & Ranch 8,267,530 N/A 8,267,530 8,267,530
E. Real Prop NonQual Acres 73,152,493 .9766 74,905,276 73,152,493
F1. Commercial Real 6,063,107 N/A 6,063,107 6,063,107
F2. Industrial Real 628,402 N/A 628,402 628,402
G. Oil, Gas, Minerals 80,705,410 1.0409 77,534,259 80,705,410
J. Utilities 21,002,000 1.0414 20,167,083 21,002,000
L1. Commercial Personal 5,305,036 N/A 5,305,036 5,305,036
L2. Industrial Personal 66,266,060 N/A 66,266,060 66,266,060
M. Other Personal 5,048,154 N/A 5,048,154 5,048,154
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 141,732 N/A 141,732 141,732
S. Special Inventory 0 N/A 0 0
Subtotal 322,810,934 324,056,412 322,810,934
Less Total Deductions 34,921,488   35,661,817 34,921,488
Total Taxable Value 287,889,446 288,394,595 287,889,446 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
292,810,178 287,889,446 292,810,178 287,889,446


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,920,732 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
292,810,178 287,889,446 292,810,178 287,889,446

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