taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

051/Cottle

051-901/Paducah ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 16,560,860 .9390 17,636,699 16,560,860
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 694,920 N/A 694,920 694,920
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 34,859,350 .9538 36,546,755 34,859,350
D2. Real Prop Farm & Ranch 5,508,100 N/A 5,508,100 5,508,100
E. Real Prop NonQual Acres 5,460,950 N/A 5,460,950 5,460,950
F1. Commercial Real 4,450,640 N/A 4,450,640 4,450,640
F2. Industrial Real 1,137,930 N/A 1,137,930 1,137,930
G. Oil, Gas, Minerals 49,420,350 .9973 49,554,146 49,420,350
J. Utilities 52,540,990 1.0465 50,206,393 52,540,990
L1. Commercial Personal 1,985,980 N/A 1,985,980 1,985,980
L2. Industrial Personal 663,810 N/A 663,810 663,810
M. Other Personal 117,450 N/A 117,450 117,450
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 173,401,330 173,963,773 173,401,330
Less Total Deductions 11,872,491   12,185,234 11,872,491
Total Taxable Value 161,528,839 161,778,539 161,528,839 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
163,925,479 161,528,839 163,158,979 160,762,339


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,396,640 766,500


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
163,925,479 161,528,839 163,158,979 160,762,339

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