taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

041/Coke

226-905/Water Valley ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 91,290 N/A 91,290 91,290
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) 5,304,760 N/A 5,304,760 5,304,760
D2. Real Prop Farm & Ranch 219,710 N/A 219,710 219,710
E. Real Prop NonQual Acres 2,604,550 N/A 2,604,550 2,604,550
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 590,570 N/A 590,570 590,570
J. Utilities 6,062,320 N/A 6,062,320 6,062,320
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 142,590 N/A 142,590 142,590
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 15,015,790 15,015,790 15,015,790
Less Total Deductions 669,229   669,229 669,229
Total Taxable Value 14,346,561 14,346,561 14,346,561 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
14,467,341 14,346,561 14,467,341 14,346,561


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
120,780 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
14,467,341 14,346,561 14,467,341 14,346,561

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

226/Tom Green

226-905/Water Valley ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 45,820,810 .9464 48,415,902 45,820,810
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 1,026,010 N/A 1,026,010 1,026,010
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 10,746,820 1.3290 8,086,615 10,746,820
D2. Real Prop Farm & Ranch 1,457,380 N/A 1,457,380 1,457,380
E. Real Prop NonQual Acres 13,447,250 .9994 13,455,323 13,447,250
F1. Commercial Real 1,923,640 N/A 1,923,640 1,923,640
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 18,846,870 1.0339 18,228,910 18,846,870
J. Utilities 15,872,630 1.0610 14,960,066 15,872,630
L1. Commercial Personal 3,146,640 N/A 3,146,640 3,146,640
L2. Industrial Personal 11,808,310 N/A 11,808,310 11,808,310
M. Other Personal 920,720 N/A 920,720 920,720
N. Intangible Personal Prop 320 N/A 320 320
O. Residential Inventory 129,520 N/A 129,520 129,520
S. Special Inventory 0 N/A 0 0
Subtotal 125,146,920 123,559,356 125,146,920
Less Total Deductions 19,252,318   20,103,640 19,252,318
Total Taxable Value 105,894,602 103,455,716 105,894,602 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
109,775,822 105,894,602 109,775,822 105,894,602


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,881,220 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
109,775,822 105,894,602 109,775,822 105,894,602

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

226-905/Water Valley ISD



Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 45,912,100 .9465 48,507,192 45,912,100
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 1,026,010 N/A 1,026,010 1,026,010
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 16,051,580 1.1987 13,391,375 16,051,580
D2. Real Prop Farm & Ranch 1,677,090 N/A 1,677,090 1,677,090
E. Real Prop NonQual Acres 16,051,800 .9995 16,059,873 16,051,800
F1. Commercial Real 1,923,640 N/A 1,923,640 1,923,640
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 19,437,440 1.0328 18,819,480 19,437,440
J. Utilities 21,934,950 1.0434 21,022,386 21,934,950
L1. Commercial Personal 3,146,640 N/A 3,146,640 3,146,640
L2. Industrial Personal 11,808,310 N/A 11,808,310 11,808,310
M. Other Personal 1,063,310 N/A 1,063,310 1,063,310
N. Intangible Personal Prop 320 N/A 320 320
O. Residential Inventory 129,520 N/A 129,520 129,520
S. Special Inventory 0 N/A 0 0
Subtotal 140,162,710 138,575,146 140,162,710
Less Total Deductions 19,921,547   20,772,869 19,921,547
Total Taxable Value 120,241,163 117,802,277 120,241,163 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