taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

033/Carson

033-902/Panhandle ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 90,690,710 N/A 90,690,710 90,690,710
B. Multi-Family Residences 433,140 N/A 433,140 433,140
C1. Vacant Lots 665,960 N/A 665,960 665,960
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 36,828,310 N/A 36,828,310 36,828,310
D2. Real Prop Farm & Ranch 3,584,820 N/A 3,584,820 3,584,820
E. Real Prop NonQual Acres 34,520,880 N/A 34,520,880 34,520,880
F1. Commercial Real 9,472,960 N/A 9,472,960 9,472,960
F2. Industrial Real 501,182,680 N/A 501,182,680 501,182,680
G. Oil, Gas, Minerals 111,637,450 N/A 111,637,450 111,637,450
J. Utilities 132,212,220 N/A 132,212,220 132,212,220
L1. Commercial Personal 11,929,060 N/A 11,929,060 11,929,060
L2. Industrial Personal 11,719,940 N/A 11,719,940 11,719,940
M. Other Personal 2,124,010 N/A 2,124,010 2,124,010
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 50 N/A 50 50
Subtotal 947,002,190 947,002,190 947,002,190
Less Total Deductions 181,513,785   181,513,785 181,513,785
Total Taxable Value 765,488,405 765,488,405 765,488,405 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
774,000,385 765,488,405 764,691,240 756,179,260


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
8,511,980 9,309,145


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
915,132,265 906,620,285 905,823,120 897,311,140

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