taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

103/Hartley

103-902/Hartley ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 10,844,870 1.0061 10,779,117 10,844,870
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 606,080 N/A 606,080 606,080
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 59,219,040 1.0138 58,413,126 59,219,040
D2. Real Prop Farm & Ranch 3,740,040 N/A 3,740,040 3,740,040
E. Real Prop NonQual Acres 14,514,970 .9292 15,620,932 14,514,970
F1. Commercial Real 1,249,540 N/A 1,249,540 1,249,540
F2. Industrial Real 25,981,880 N/A 25,981,880 25,981,880
G. Oil, Gas, Minerals 18,301,837 1.0397 17,602,998 18,301,837
J. Utilities 16,125,240 1.0119 15,935,606 16,125,240
L1. Commercial Personal 6,801,400 .9713 7,002,368 6,801,400
L2. Industrial Personal 10,588,381 N/A 10,588,381 10,588,381
M. Other Personal 393,760 N/A 393,760 393,760
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 168,367,038 167,913,828 168,367,038
Less Total Deductions 5,426,492   5,398,132 5,426,492
Total Taxable Value 162,940,546 162,515,696 162,940,546 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
163,902,496 162,940,546 163,902,496 162,940,546


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
961,950 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
163,902,496 162,940,546 163,902,496 162,940,546

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