taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

072/Erath

072-903/Stephenville ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 629,580,180 .9827 640,663,661 629,580,180
B. Multi-Family Residences 109,266,500 .9575 114,116,449 109,266,500
C1. Vacant Lots 11,620,070 N/A 11,620,070 11,620,070
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 16,799,440 1.3932 12,058,539 16,799,440
D2. Real Prop Farm & Ranch 7,468,070 N/A 7,468,070 7,468,070
E. Real Prop NonQual Acres 237,572,420 .9752 243,614,048 237,572,420
F1. Commercial Real 243,307,760 .9917 245,344,116 243,307,760
F2. Industrial Real 53,545,730 N/A 53,545,730 53,545,730
G. Oil, Gas, Minerals 851,840 N/A 851,840 851,840
J. Utilities 56,386,570 N/A 56,386,570 56,386,570
L1. Commercial Personal 104,969,870 1.0188 103,032,852 104,969,870
L2. Industrial Personal 300,146,340 N/A 300,146,340 300,146,340
M. Other Personal 7,655,080 N/A 7,655,080 7,655,080
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 3,196,920 N/A 3,196,920 3,196,920
S. Special Inventory 7,721,300 N/A 7,721,300 7,721,300
Subtotal 1,790,088,090 1,807,421,585 1,790,088,090
Less Total Deductions 325,531,055   329,263,110 325,531,055
Total Taxable Value 1,464,557,035 1,478,158,475 1,464,557,035 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
1,506,391,580 1,464,557,035 1,506,391,580 1,464,557,035


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
41,834,545 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
1,506,391,580 1,464,557,035 1,506,391,580 1,464,557,035

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