taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

072/Erath

072-901/Three-Way ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 1,901,260 N/A 1,901,260 1,901,260
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 111,540 N/A 111,540 111,540
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,669,910 1.3235 4,284,172 5,669,910
D2. Real Prop Farm & Ranch 963,730 N/A 963,730 963,730
E. Real Prop NonQual Acres 33,977,870 .9527 35,664,816 33,977,870
F1. Commercial Real 820,680 N/A 820,680 820,680
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 67,000 N/A 67,000 67,000
J. Utilities 5,434,450 N/A 5,434,450 5,434,450
L1. Commercial Personal 668,850 N/A 668,850 668,850
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 654,710 N/A 654,710 654,710
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 50,270,000 50,571,208 50,270,000
Less Total Deductions 5,047,875   5,047,875 5,047,875
Total Taxable Value 45,222,125 45,523,333 45,222,125 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
46,437,445 45,222,125 46,437,445 45,222,125


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,215,320 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
46,437,445 45,222,125 46,437,445 45,222,125

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

213/Somervell

072-901/Three-Way ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 1,726,070 N/A 1,726,070 1,726,070
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 357,480 N/A 357,480 357,480
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 91,010 N/A 91,010 91,010
D2. Real Prop Farm & Ranch 0 N/A 0 0
E. Real Prop NonQual Acres 1,683,680 N/A 1,683,680 1,683,680
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 55,200 N/A 55,200 55,200
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 0 N/A 0 0
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 3,913,440 3,913,440 3,913,440
Less Total Deductions 682,749   682,749 682,749
Total Taxable Value 3,230,691 3,230,691 3,230,691 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
3,323,801 3,230,691 3,323,801 3,230,691


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
93,110 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
3,323,801 3,230,691 3,323,801 3,230,691

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

072-901/Three-Way ISD



Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 3,627,330 N/A 3,627,330 3,627,330
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 469,020 N/A 469,020 469,020
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,760,920 1.3167 4,375,182 5,760,920
D2. Real Prop Farm & Ranch 963,730 N/A 963,730 963,730
E. Real Prop NonQual Acres 35,661,550 .9548 37,348,496 35,661,550
F1. Commercial Real 820,680 N/A 820,680 820,680
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 67,000 N/A 67,000 67,000
J. Utilities 5,489,650 N/A 5,489,650 5,489,650
L1. Commercial Personal 668,850 N/A 668,850 668,850
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 654,710 N/A 654,710 654,710
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 54,183,440 54,484,648 54,183,440
Less Total Deductions 5,730,624   5,730,624 5,730,624
Total Taxable Value 48,452,816 48,754,024 48,452,816 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