taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

035/Castro

035-901/Dimmitt ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 76,855,160 .9521 80,721,731 76,855,160
B. Multi-Family Residences 1,590,900 N/A 1,590,900 1,590,900
C1. Vacant Lots 1,054,020 N/A 1,054,020 1,054,020
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 66,580,080 .9074 73,370,989 66,580,080
D2. Real Prop Farm & Ranch 12,103,760 1.0276 11,778,669 12,103,760
E. Real Prop NonQual Acres 14,335,480 1.0275 13,951,805 14,335,480
F1. Commercial Real 14,477,350 .9865 14,675,469 14,477,350
F2. Industrial Real 35,066,140 N/A 35,066,140 35,066,140
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 175,325,570 .9904 177,025,010 175,325,570
L1. Commercial Personal 14,908,870 .9836 15,157,452 14,908,870
L2. Industrial Personal 12,214,320 N/A 12,214,320 12,214,320
M. Other Personal 376,210 N/A 376,210 376,210
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 1,584,840 N/A 1,584,840 1,584,840
Subtotal 426,472,700 438,567,555 426,472,700
Less Total Deductions 30,604,056   31,839,065 30,604,056
Total Taxable Value 395,868,644 406,728,490 395,868,644 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
403,511,804 395,868,644 403,511,804 395,868,644


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
7,643,160 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
403,511,804 395,868,644 403,511,804 395,868,644

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