taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

118/Irion

118-902/Irion County ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 50,130,180 N/A 50,130,180 50,130,180
B. Multi-Family Residences 136,360 N/A 136,360 136,360
C1. Vacant Lots 0 N/A 0 0
C2. Colonia Lots 3,829,010 N/A 3,829,010 3,829,010
D1. Rural Real(Taxable) 16,031,930 N/A 16,031,930 16,031,930
D2. Real Prop Farm & Ranch 5,385,720 N/A 5,385,720 5,385,720
E. Real Prop NonQual Acres 20,227,640 N/A 20,227,640 20,227,640
F1. Commercial Real 5,365,780 N/A 5,365,780 5,365,780
F2. Industrial Real 47,512,190 N/A 47,512,190 47,512,190
G. Oil, Gas, Minerals 890,575,410 N/A 890,575,410 890,575,410
J. Utilities 181,263,280 N/A 181,263,280 181,263,280
L1. Commercial Personal 14,287,410 N/A 14,287,410 14,287,410
L2. Industrial Personal 165,371,970 N/A 165,371,970 165,371,970
M. Other Personal 3,585,680 N/A 3,585,680 3,585,680
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 1,403,702,560 1,403,702,560 1,403,702,560
Less Total Deductions 19,529,785   19,529,785 19,529,785
Total Taxable Value 1,384,172,775 1,384,172,775 1,384,172,775 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
1,387,354,815 1,384,172,775 1,387,354,815 1,384,172,775


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,182,040 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
1,387,354,815 1,384,172,775 1,387,354,815 1,384,172,775

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