taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

006/Armstrong

219-901/Happy ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 98,950 N/A 98,950 98,950
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 0 N/A 0 0
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 491,250 N/A 491,250 491,250
D2. Real Prop Farm & Ranch 94,840 N/A 94,840 94,840
E. Real Prop NonQual Acres 333,390 N/A 333,390 333,390
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 5,170 N/A 5,170 5,170
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 0 N/A 0 0
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 1,023,600 1,023,600 1,023,600
Less Total Deductions 277,016   277,016 277,016
Total Taxable Value 746,584 746,584 746,584 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
787,194 746,584 787,194 746,584


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
40,610 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
787,194 746,584 787,194 746,584

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

035/Castro

219-901/Happy ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 191,730 N/A 191,730 191,730
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 140 N/A 140 140
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,339,600 N/A 3,339,600 3,339,600
D2. Real Prop Farm & Ranch 119,960 N/A 119,960 119,960
E. Real Prop NonQual Acres 611,450 N/A 611,450 611,450
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 36,630 N/A 36,630 36,630
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 622,500 N/A 622,500 622,500
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 56,900 N/A 56,900 56,900
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 4,978,910 4,978,910 4,978,910
Less Total Deductions 152,586   152,586 152,586
Total Taxable Value 4,826,324 4,826,324 4,826,324 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
4,852,564 4,826,324 4,852,564 4,826,324


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
26,240 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
4,852,564 4,826,324 4,852,564 4,826,324

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

188/Potter

219-901/Happy ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 6,792,701 .9567 7,100,137 6,792,701
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 566,250 N/A 566,250 566,250
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,560,690 .9545 5,826,055 5,560,690
D2. Real Prop Farm & Ranch 228,677 N/A 228,677 228,677
E. Real Prop NonQual Acres 4,807,708 .9783 4,914,349 4,807,708
F1. Commercial Real 2,132,230 1.0164 2,097,826 2,132,230
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 4,039,110 1.1802 3,422,395 4,039,110
L1. Commercial Personal 1,619,690 1.0206 1,586,998 1,619,690
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 55,318 N/A 55,318 55,318
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 25,802,374 25,798,005 25,802,374
Less Total Deductions 2,934,308   3,084,443 2,934,308
Total Taxable Value 22,868,066 22,713,562 22,868,066 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
23,323,971 22,868,066 23,323,971 22,868,066


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
455,905 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
23,323,971 22,868,066 23,323,971 22,868,066

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

219/Swisher

219-901/Happy ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 8,536,138 .9621 8,872,402 8,536,138
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 124,650 N/A 124,650 124,650
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 11,029,235 1.1457 9,627,008 11,029,235
D2. Real Prop Farm & Ranch 843,670 N/A 843,670 843,670
E. Real Prop NonQual Acres 4,738,822 .8869 5,343,130 4,738,822
F1. Commercial Real 457,040 N/A 457,040 457,040
F2. Industrial Real 7,525,240 N/A 7,525,240 7,525,240
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 11,515,320 1.0021 11,491,189 11,515,320
L1. Commercial Personal 838,970 N/A 838,970 838,970
L2. Industrial Personal 3,460,140 N/A 3,460,140 3,460,140
M. Other Personal 1,006,680 N/A 1,006,680 1,006,680
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 50,075,905 49,590,119 50,075,905
Less Total Deductions 5,706,438   5,855,360 5,706,438
Total Taxable Value 44,369,467 43,734,759 44,369,467 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
45,519,407 44,369,467 45,519,407 44,369,467


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,149,940 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
45,519,407 44,369,467 45,519,407 44,369,467

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

219-901/Happy ISD



Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 15,619,519 .9604 16,263,219 15,619,519
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 691,040 N/A 691,040 691,040
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 20,420,775 1.0590 19,283,913 20,420,775
D2. Real Prop Farm & Ranch 1,287,147 N/A 1,287,147 1,287,147
E. Real Prop NonQual Acres 10,491,370 .9365 11,202,319 10,491,370
F1. Commercial Real 2,589,270 1.0135 2,554,866 2,589,270
F2. Industrial Real 7,561,870 N/A 7,561,870 7,561,870
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 16,182,100 1.0412 15,541,254 16,182,100
L1. Commercial Personal 2,458,660 1.0135 2,425,968 2,458,660
L2. Industrial Personal 3,460,140 N/A 3,460,140 3,460,140
M. Other Personal 1,118,898 N/A 1,118,898 1,118,898
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 81,880,789 81,390,634 81,880,789
Less Total Deductions 9,070,348   9,369,405 9,070,348
Total Taxable Value 72,810,441 72,021,229 72,810,441 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