taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

043/Collin

074-909/Leonard ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 885,381 N/A 885,381 885,381
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 94,989 N/A 94,989 94,989
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 418,086 N/A 418,086 418,086
D2. Real Prop Farm & Ranch 137,426 N/A 137,426 137,426
E. Real Prop NonQual Acres 7,437,038 N/A 7,437,038 7,437,038
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 421,406 N/A 421,406 421,406
L1. Commercial Personal 8,975 N/A 8,975 8,975
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 86 N/A 86 86
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 9,403,387 9,403,387 9,403,387
Less Total Deductions 1,442,133   1,442,133 1,442,133
Total Taxable Value 7,961,254 7,961,254 7,961,254 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
8,395,282 7,961,254 8,395,282 7,961,254


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
434,028 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
8,395,282 7,961,254 8,395,282 7,961,254

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

074/Fannin

074-909/Leonard ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 71,351,933 .9426 75,696,937 71,351,933
B. Multi-Family Residences 1,785,120 N/A 1,785,120 1,785,120
C1. Vacant Lots 1,021,600 N/A 1,021,600 1,021,600
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,904,390 .9707 4,022,044 3,904,390
D2. Real Prop Farm & Ranch 3,174,050 N/A 3,174,050 3,174,050
E. Real Prop NonQual Acres 49,028,847 .9518 51,511,711 49,028,847
F1. Commercial Real 13,164,090 1.0016 13,143,061 13,164,090
F2. Industrial Real 8,230 N/A 8,230 8,230
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 10,642,860 .9585 11,103,662 10,642,860
L1. Commercial Personal 4,920,110 N/A 4,920,110 4,920,110
L2. Industrial Personal 792,490 N/A 792,490 792,490
M. Other Personal 222,020 N/A 222,020 222,020
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 960 N/A 960 960
Subtotal 160,016,700 167,401,995 160,016,700
Less Total Deductions 29,731,688   31,652,893 29,731,688
Total Taxable Value 130,285,012 135,749,102 130,285,012 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
137,781,644 130,285,012 137,781,644 130,285,012


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
7,496,632 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
137,781,644 130,285,012 137,781,644 130,285,012

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

116/Hunt

074-909/Leonard ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 82,540 N/A 82,540 82,540
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 20 N/A 20 20
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 555,240 N/A 555,240 555,240
D2. Real Prop Farm & Ranch 449,550 N/A 449,550 449,550
E. Real Prop NonQual Acres 7,666,830 N/A 7,666,830 7,666,830
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 768,430 N/A 768,430 768,430
L1. Commercial Personal 14,260 N/A 14,260 14,260
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 65,880 N/A 65,880 65,880
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 9,602,750 9,602,750 9,602,750
Less Total Deductions 1,871,605   1,871,605 1,871,605
Total Taxable Value 7,731,145 7,731,145 7,731,145 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
8,216,615 7,731,145 8,216,615 7,731,145


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
485,470 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
8,216,615 7,731,145 8,216,615 7,731,145

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

074-909/Leonard ISD



Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 72,319,854 .9433 76,664,858 72,319,854
B. Multi-Family Residences 1,785,120 N/A 1,785,120 1,785,120
C1. Vacant Lots 1,116,609 N/A 1,116,609 1,116,609
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,877,716 .9764 4,995,370 4,877,716
D2. Real Prop Farm & Ranch 3,761,026 N/A 3,761,026 3,761,026
E. Real Prop NonQual Acres 64,132,715 .9627 66,615,579 64,132,715
F1. Commercial Real 13,164,090 1.0016 13,143,061 13,164,090
F2. Industrial Real 8,230 N/A 8,230 8,230
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 11,832,696 .9625 12,293,498 11,832,696
L1. Commercial Personal 4,943,345 N/A 4,943,345 4,943,345
L2. Industrial Personal 792,490 N/A 792,490 792,490
M. Other Personal 287,986 N/A 287,986 287,986
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 960 N/A 960 960
Subtotal 179,022,837 186,408,132 179,022,837
Less Total Deductions 33,045,426   34,966,631 33,045,426
Total Taxable Value 145,977,411 151,441,501 145,977,411 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