taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

125/Jim Wells

125-906/La Gloria ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 46,160 N/A 46,160 46,160
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 0 N/A 0 0
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,996,044 .9717 3,083,186 2,996,044
D2. Real Prop Farm & Ranch 273,688 N/A 273,688 273,688
E. Real Prop NonQual Acres 12,608,636 .9873 12,770,825 12,608,636
F1. Commercial Real 71,927 N/A 71,927 71,927
F2. Industrial Real 27,065,619 N/A 27,065,619 27,065,619
G. Oil, Gas, Minerals 6,555,380 1.0206 6,423,065 6,555,380
J. Utilities 10,498,845 1.0838 9,687,069 10,498,845
L1. Commercial Personal 50,374 N/A 50,374 50,374
L2. Industrial Personal 469,030 N/A 469,030 469,030
M. Other Personal 318,752 N/A 318,752 318,752
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 60,954,455 60,259,695 60,954,455
Less Total Deductions 2,902,342   2,902,342 2,902,342
Total Taxable Value 58,052,113 57,357,353 58,052,113 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
58,571,397 58,052,113 58,431,140 57,911,856


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
519,284 140,257


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
58,571,397 58,052,113 58,431,140 57,911,856

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