taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

028/Caldwell

028-902/Lockhart ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 422,014,132 N/A 422,014,132 422,014,132
B. Multi-Family Residences 31,291,268 N/A 31,291,268 31,291,268
C1. Vacant Lots 17,841,193 N/A 17,841,193 17,841,193
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 15,379,334 N/A 15,379,334 15,379,334
D2. Real Prop Farm & Ranch 14,433,645 N/A 14,433,645 14,433,645
E. Real Prop NonQual Acres 396,967,612 N/A 396,967,612 396,967,612
F1. Commercial Real 108,683,415 N/A 108,683,415 108,683,415
F2. Industrial Real 12,753,660 N/A 12,753,660 12,753,660
G. Oil, Gas, Minerals 25,901,192 N/A 25,901,192 25,901,192
J. Utilities 62,983,730 N/A 62,983,730 62,983,730
L1. Commercial Personal 40,431,540 N/A 40,431,540 40,431,540
L2. Industrial Personal 48,471,880 N/A 48,471,880 48,471,880
M. Other Personal 21,855,120 N/A 21,855,120 21,855,120
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 5,370,430 N/A 5,370,430 5,370,430
S. Special Inventory 2,163,610 N/A 2,163,610 2,163,610
Subtotal 1,226,541,761 1,226,541,761 1,226,541,761
Less Total Deductions 168,639,118   168,639,118 168,639,118
Total Taxable Value 1,057,902,643 1,057,902,643 1,057,902,643 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
1,097,702,161 1,057,902,643 1,097,702,161 1,057,902,643


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
39,799,518 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
1,097,702,161 1,057,902,643 1,097,702,161 1,057,902,643

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