taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

143/Lavaca

143-905/Sweet Home ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 6,264,923 N/A 6,264,923 6,264,923
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 210,721 N/A 210,721 210,721
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,175,609 N/A 3,175,609 3,175,609
D2. Real Prop Farm & Ranch 2,529,792 N/A 2,529,792 2,529,792
E. Real Prop NonQual Acres 38,287,003 N/A 38,287,003 38,287,003
F1. Commercial Real 1,068,054 N/A 1,068,054 1,068,054
F2. Industrial Real 122,000 N/A 122,000 122,000
G. Oil, Gas, Minerals 3,909,970 N/A 3,909,970 3,909,970
J. Utilities 18,939,600 N/A 18,939,600 18,939,600
L1. Commercial Personal 710,987 N/A 710,987 710,987
L2. Industrial Personal 641,710 N/A 641,710 641,710
M. Other Personal 740,036 N/A 740,036 740,036
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 76,600,405 76,600,405 76,600,405
Less Total Deductions 10,471,394   10,471,394 10,471,394
Total Taxable Value 66,129,011 66,129,011 66,129,011 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
68,623,451 66,129,011 68,623,451 66,129,011


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,494,440 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
68,623,451 66,129,011 68,623,451 66,129,011

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