taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

138/Knox

138-904/Benjamin ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 3,250,600 .9692 3,353,900 3,250,600
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 354,470 N/A 354,470 354,470
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 15,926,990 1.0854 14,673,200 15,926,990
D2. Real Prop Farm & Ranch 291,440 N/A 291,440 291,440
E. Real Prop NonQual Acres 2,918,370 .8175 3,569,872 2,918,370
F1. Commercial Real 262,280 N/A 262,280 262,280
F2. Industrial Real 291,810 N/A 291,810 291,810
G. Oil, Gas, Minerals 3,626,650 1.0330 3,510,794 3,626,650
J. Utilities 23,076,740 1.0595 21,780,783 23,076,740
L1. Commercial Personal 353,800 N/A 353,800 353,800
L2. Industrial Personal 1,406,620 N/A 1,406,620 1,406,620
M. Other Personal 2,970 N/A 2,970 2,970
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 51,762,740 49,851,939 51,762,740
Less Total Deductions 2,270,294   2,319,564 2,270,294
Total Taxable Value 49,492,446 47,532,375 49,492,446 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
50,033,626 49,492,446 50,033,626 49,492,446


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
541,180 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
50,033,626 49,492,446 50,033,626 49,492,446

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