taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

049/Cooke

049-907/Lindsay ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 93,198,904 N/A 93,198,904 93,198,904
B. Multi-Family Residences 369,160 N/A 369,160 369,160
C1. Vacant Lots 2,191,471 N/A 2,191,471 2,191,471
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,623,104 N/A 2,623,104 2,623,104
D2. Real Prop Farm & Ranch 2,085,589 N/A 2,085,589 2,085,589
E. Real Prop NonQual Acres 28,016,307 N/A 28,016,307 28,016,307
F1. Commercial Real 14,525,173 N/A 14,525,173 14,525,173
F2. Industrial Real 24,399,797 N/A 24,399,797 24,399,797
G. Oil, Gas, Minerals 232,570 N/A 232,570 232,570
J. Utilities 5,335,650 N/A 5,335,650 5,335,650
L1. Commercial Personal 22,419,487 N/A 22,419,487 22,419,487
L2. Industrial Personal 208,356,344 N/A 208,356,344 208,356,344
M. Other Personal 292,552 N/A 292,552 292,552
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 131,505 N/A 131,505 131,505
S. Special Inventory 3,378,612 N/A 3,378,612 3,378,612
Subtotal 407,556,225 407,556,225 407,556,225
Less Total Deductions 24,050,818   24,050,818 24,050,818
Total Taxable Value 383,505,407 383,505,407 383,505,407 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
388,774,190 383,505,407 388,774,190 383,505,407


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,268,783 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
388,774,190 383,505,407 388,774,190 383,505,407

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