taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

048/Concho

048-903/Paint Rock ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 22,603,780 .7184 31,464,059 31,464,059
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 230,540 N/A 230,540 230,540
C2. Colonia Lots 4,990,840 N/A 4,990,840 4,990,840
D1. Rural Real(Taxable) 14,751,760 .8934 16,511,728 16,511,728
D2. Real Prop Farm & Ranch 1,512,140 N/A 1,512,140 1,512,140
E. Real Prop NonQual Acres 11,098,370 .6468 17,158,890 17,158,890
F1. Commercial Real 1,707,690 N/A 1,707,690 1,707,690
F2. Industrial Real 156,590 N/A 156,590 156,590
G. Oil, Gas, Minerals 1,013,259 N/A 1,013,259 1,013,259
J. Utilities 13,681,298 1.0294 13,290,556 13,290,556
L1. Commercial Personal 438,790 N/A 438,790 438,790
L2. Industrial Personal 2,065,005 N/A 2,065,005 2,065,005
M. Other Personal 1,231,870 N/A 1,231,870 1,231,870
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 160,700 N/A 160,700 160,700
S. Special Inventory 0 N/A 0 0
Subtotal 75,642,632 91,932,657 91,932,657
Less Total Deductions 6,391,161   8,060,315 8,060,315
Total Taxable Value 69,251,471 83,872,342 83,872,342 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
85,385,972 83,872,342 85,385,972 83,872,342


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,513,630 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
85,385,972 83,872,342 85,385,972 83,872,342

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 taxable value to be invalid, and state value was certified because your local value:

1) was invalid in one or more of the previous two years or

2) is less than 90% of the lower end of the margin of error range or

3) The appraisal district that appraises property for the school district was not in compliance with the scoring requirement of the Comptroller's most recent review of the appraisal district conducted under section 5.102, Tax Code (MAP Review)