taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

122/Jeff Davis

122-902/Valentine ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 5,423,170 .9086 5,968,710 5,423,170
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 206,100 N/A 206,100 206,100
C2. Colonia Lots 4,018,920 N/A 4,018,920 4,018,920
D1. Rural Real(Taxable) 7,335,750 1.1817 6,207,861 7,335,750
D2. Real Prop Farm & Ranch 325,300 N/A 325,300 325,300
E. Real Prop NonQual Acres 10,254,550 .8711 11,771,955 10,254,550
F1. Commercial Real 806,960 N/A 806,960 806,960
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 16,687,610 .9924 16,815,407 16,687,610
L1. Commercial Personal 82,070 N/A 82,070 82,070
L2. Industrial Personal 1,564,940 N/A 1,564,940 1,564,940
M. Other Personal 169,980 N/A 169,980 169,980
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 46,875,350 47,938,203 46,875,350
Less Total Deductions 3,712,778   4,209,949 3,712,778
Total Taxable Value 43,162,572 43,728,254 43,162,572 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
43,563,152 43,162,572 43,563,152 43,162,572


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
400,580 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
43,563,152 43,162,572 43,563,152 43,162,572

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