taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

054/Crosby

054-903/Ralls ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 35,079,683 N/A 35,079,683 35,079,683
B. Multi-Family Residences 87,561 N/A 87,561 87,561
C1. Vacant Lots 720,570 N/A 720,570 720,570
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 33,004,545 N/A 33,004,545 33,004,545
D2. Real Prop Farm & Ranch 2,127,114 N/A 2,127,114 2,127,114
E. Real Prop NonQual Acres 6,551,646 N/A 6,551,646 6,551,646
F1. Commercial Real 5,125,385 N/A 5,125,385 5,125,385
F2. Industrial Real 13,213,945 N/A 13,213,945 13,213,945
G. Oil, Gas, Minerals 40,625,642 N/A 40,625,642 40,625,642
J. Utilities 6,736,456 N/A 6,736,456 6,736,456
L1. Commercial Personal 2,123,077 N/A 2,123,077 2,123,077
L2. Industrial Personal 7,999,289 N/A 7,999,289 7,999,289
M. Other Personal 879 N/A 879 879
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 153,395,792 153,395,792 153,395,792
Less Total Deductions 14,016,753   14,016,753 14,016,753
Total Taxable Value 139,379,039 139,379,039 139,379,039 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
142,893,217 139,379,039 142,893,217 139,379,039


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,514,178 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
142,893,217 139,379,039 142,893,217 139,379,039

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