taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

034/Cass

172-905/Pewitt ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 962,809 N/A 962,809 962,809
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 39,870 N/A 39,870 39,870
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,842,760 .9669 7,076,804 6,842,760
D2. Real Prop Farm & Ranch 981,422 N/A 981,422 981,422
E. Real Prop NonQual Acres 41,130,709 1.0002 41,122,485 41,130,709
F1. Commercial Real 472,243 N/A 472,243 472,243
F2. Industrial Real 94,570 N/A 94,570 94,570
G. Oil, Gas, Minerals 6,632,584 1.0405 6,374,420 6,632,584
J. Utilities 36,984,770 .9925 37,264,252 36,984,770
L1. Commercial Personal 104,163 N/A 104,163 104,163
L2. Industrial Personal 1,017,210 N/A 1,017,210 1,017,210
M. Other Personal 2,168,420 N/A 2,168,420 2,168,420
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 97,431,530 97,678,668 97,431,530
Less Total Deductions 18,813,424   18,813,424 18,813,424
Total Taxable Value 78,618,106 78,865,244 78,618,106 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
81,876,328 78,618,106 81,876,328 78,618,106


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,258,222 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
81,876,328 78,618,106 81,876,328 78,618,106

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

172/Morris

172-905/Pewitt ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 56,590,740 .9699 58,346,984 56,590,740
B. Multi-Family Residences 277,630 N/A 277,630 277,630
C1. Vacant Lots 1,762,920 N/A 1,762,920 1,762,920
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,184,810 1.0583 5,844,287 6,184,810
D2. Real Prop Farm & Ranch 8,373,780 N/A 8,373,780 8,373,780
E. Real Prop NonQual Acres 83,763,480 1.0657 78,599,493 83,763,480
F1. Commercial Real 13,504,190 .9487 14,234,416 13,504,190
F2. Industrial Real 3,223,190 N/A 3,223,190 3,223,190
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 40,731,570 .9809 41,524,692 40,731,570
L1. Commercial Personal 6,689,810 N/A 6,689,810 6,689,810
L2. Industrial Personal 7,665,670 N/A 7,665,670 7,665,670
M. Other Personal 2,417,580 N/A 2,417,580 2,417,580
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 231,185,370 228,960,452 231,185,370
Less Total Deductions 48,523,189   49,658,727 48,523,189
Total Taxable Value 182,662,181 179,301,725 182,662,181 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
193,524,921 182,662,181 193,524,921 182,662,181


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
10,862,740 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
193,524,921 182,662,181 193,524,921 182,662,181

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

225/Titus

172-905/Pewitt ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 2,153,448 N/A 2,153,448 2,153,448
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 14,727 N/A 14,727 14,727
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 475,226 N/A 475,226 475,226
D2. Real Prop Farm & Ranch 309,186 N/A 309,186 309,186
E. Real Prop NonQual Acres 5,463,795 N/A 5,463,795 5,463,795
F1. Commercial Real 272,681 N/A 272,681 272,681
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 6,049,090 N/A 6,049,090 6,049,090
L1. Commercial Personal 4,750 N/A 4,750 4,750
L2. Industrial Personal 798,500 N/A 798,500 798,500
M. Other Personal 268,787 N/A 268,787 268,787
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 15,810,190 15,810,190 15,810,190
Less Total Deductions 2,700,975   2,700,975 2,700,975
Total Taxable Value 13,109,215 13,109,215 13,109,215 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
13,564,847 13,109,215 13,564,847 13,109,215


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
455,632 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
13,564,847 13,109,215 13,564,847 13,109,215

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

172-905/Pewitt ISD



Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 59,706,997 .9714 61,463,241 59,706,997
B. Multi-Family Residences 277,630 N/A 277,630 277,630
C1. Vacant Lots 1,817,517 N/A 1,817,517 1,817,517
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 13,502,796 1.0079 13,396,317 13,502,796
D2. Real Prop Farm & Ranch 9,664,388 N/A 9,664,388 9,664,388
E. Real Prop NonQual Acres 130,357,984 1.0413 125,185,773 130,357,984
F1. Commercial Real 14,249,114 .9513 14,979,340 14,249,114
F2. Industrial Real 3,317,760 N/A 3,317,760 3,317,760
G. Oil, Gas, Minerals 6,632,584 1.0405 6,374,420 6,632,584
J. Utilities 83,765,430 .9874 84,838,034 83,765,430
L1. Commercial Personal 6,798,723 N/A 6,798,723 6,798,723
L2. Industrial Personal 9,481,380 N/A 9,481,380 9,481,380
M. Other Personal 4,854,787 N/A 4,854,787 4,854,787
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 344,427,090 342,449,310 344,427,090
Less Total Deductions 70,037,588   71,173,126 70,037,588
Total Taxable Value 274,389,502 271,276,184 274,389,502 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