taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

122/Jeff Davis

122-901/Fort Davis ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 98,547,210 .8434 116,845,162 116,845,162
B. Multi-Family Residences 570,180 N/A 570,180 570,180
C1. Vacant Lots 3,924,530 N/A 3,924,530 3,924,530
C2. Colonia Lots 13,241,900 N/A 13,241,900 13,241,900
D1. Rural Real(Taxable) 13,362,810 1.1775 11,348,535 11,348,535
D2. Real Prop Farm & Ranch 989,570 N/A 989,570 989,570
E. Real Prop NonQual Acres 27,598,260 .8883 31,068,625 31,068,625
F1. Commercial Real 16,264,750 .9450 17,211,376 17,211,376
F2. Industrial Real 9,053,610 N/A 9,053,610 9,053,610
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 9,393,900 1.0158 9,247,785 9,247,785
L1. Commercial Personal 3,022,460 N/A 3,022,460 3,022,460
L2. Industrial Personal 2,865,920 N/A 2,865,920 2,865,920
M. Other Personal 1,847,050 N/A 1,847,050 1,847,050
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 88,000 N/A 88,000 88,000
S. Special Inventory 0 N/A 0 0
Subtotal 200,770,150 221,324,703 221,324,703
Less Total Deductions 56,506,462   69,516,025 69,516,025
Total Taxable Value 144,263,688 151,808,678 151,808,678 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
156,819,508 151,808,678 156,819,508 151,808,678


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,010,830 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
156,819,508 151,808,678 156,819,508 151,808,678

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 taxable value to be invalid, and state value was certified because your local value:

1) was invalid in one or more of the previous two years or

2) is less than 90% of the lower end of the margin of error range or

3) The appraisal district that appraises property for the school district was not in compliance with the scoring requirement of the Comptroller's most recent review of the appraisal district conducted under section 5.102, Tax Code (MAP Review)