taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

034/Cass

034-907/Queen City ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 92,693,351 .9693 95,629,166 92,693,351
B. Multi-Family Residences 4,618,260 N/A 4,618,260 4,618,260
C1. Vacant Lots 2,885,570 N/A 2,885,570 2,885,570
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,560,543 .9377 5,929,738 5,560,543
D2. Real Prop Farm & Ranch 1,128,510 N/A 1,128,510 1,128,510
E. Real Prop NonQual Acres 53,133,263 .9956 53,368,083 53,133,263
F1. Commercial Real 13,398,336 .9620 13,927,584 13,398,336
F2. Industrial Real 232,813,390 N/A 232,813,390 232,813,390
G. Oil, Gas, Minerals 59,461 N/A 59,461 59,461
J. Utilities 16,272,330 .9882 16,466,636 16,272,330
L1. Commercial Personal 4,199,552 N/A 4,199,552 4,199,552
L2. Industrial Personal 84,350,390 N/A 84,350,390 84,350,390
M. Other Personal 5,023,420 N/A 5,023,420 5,023,420
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 46,470 N/A 46,470 46,470
S. Special Inventory 485,480 N/A 485,480 485,480
Subtotal 516,668,326 520,931,710 516,668,326
Less Total Deductions 77,720,387   79,322,441 77,720,387
Total Taxable Value 438,947,939 441,609,269 438,947,939 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
451,144,469 438,947,939 440,898,398 428,701,868


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
12,196,530 10,246,071


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
451,144,469 438,947,939 440,898,398 428,701,868

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