taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

066/Duval

066-901/Benavides ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 32,991,230 .8070 40,881,326 32,991,230
B. Multi-Family Residences 74,350 N/A 74,350 74,350
C1. Vacant Lots 785,130 N/A 785,130 785,130
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 32,853,743 .9719 33,804,279 32,853,743
D2. Real Prop Farm & Ranch 0 N/A 0 0
E. Real Prop NonQual Acres 27,539,687 1.3263 20,764,297 27,539,687
F1. Commercial Real 3,218,150 N/A 3,218,150 3,218,150
F2. Industrial Real 1,798,610 N/A 1,798,610 1,798,610
G. Oil, Gas, Minerals 57,633,750 1.0580 54,474,244 57,633,750
J. Utilities 66,689,550 .9454 70,541,094 66,689,550
L1. Commercial Personal 1,774,710 N/A 1,774,710 1,774,710
L2. Industrial Personal 26,330,460 N/A 26,330,460 26,330,460
M. Other Personal 1,334,860 N/A 1,334,860 1,334,860
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 253,024,230 255,781,510 253,024,230
Less Total Deductions 24,057,122   28,790,039 24,057,122
Total Taxable Value 228,967,108 226,991,471 228,967,108 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
232,425,899 228,967,108 232,425,899 228,967,108


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,458,791 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
232,425,899 228,967,108 232,425,899 228,967,108

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