taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

034/Cass

034-906/McLeod ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 9,505,150 .9541 9,962,425 9,505,150
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 30,930 N/A 30,930 30,930
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,353,447 .9197 3,646,411 3,353,447
D2. Real Prop Farm & Ranch 226,870 N/A 226,870 226,870
E. Real Prop NonQual Acres 13,716,909 .9900 13,855,464 13,716,909
F1. Commercial Real 280,900 N/A 280,900 280,900
F2. Industrial Real 24,000 N/A 24,000 24,000
G. Oil, Gas, Minerals 6,487,627 1.0220 6,347,972 6,487,627
J. Utilities 1,505,010 N/A 1,505,010 1,505,010
L1. Commercial Personal 83,461 N/A 83,461 83,461
L2. Industrial Personal 22,800 N/A 22,800 22,800
M. Other Personal 1,150,640 N/A 1,150,640 1,150,640
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 36,387,744 37,136,883 36,387,744
Less Total Deductions 8,647,874   8,966,698 8,647,874
Total Taxable Value 27,739,870 28,170,185 27,739,870 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
29,637,121 27,739,870 29,637,121 27,739,870


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,897,251 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
29,637,121 27,739,870 29,637,121 27,739,870

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