taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

145/Leon

145-902/Centerville ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 41,421,390 .8719 47,507,042 41,421,390
B. Multi-Family Residences 790,490 N/A 790,490 790,490
C1. Vacant Lots 2,593,520 N/A 2,593,520 2,593,520
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 12,701,980 1.2718 9,987,736 12,701,980
D2. Real Prop Farm & Ranch 7,398,720 N/A 7,398,720 7,398,720
E. Real Prop NonQual Acres 154,756,880 .8466 182,798,110 154,756,880
F1. Commercial Real 14,494,690 N/A 14,494,690 14,494,690
F2. Industrial Real 198,390 N/A 198,390 198,390
G. Oil, Gas, Minerals 125,568,670 1.1457 109,599,956 125,568,670
J. Utilities 54,244,490 .9675 56,066,656 54,244,490
L1. Commercial Personal 15,017,090 N/A 15,017,090 15,017,090
L2. Industrial Personal 17,831,590 N/A 17,831,590 17,831,590
M. Other Personal 6,424,480 N/A 6,424,480 6,424,480
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 453,442,380 470,708,470 453,442,380
Less Total Deductions 73,143,237   80,844,825 73,143,237
Total Taxable Value 380,299,143 389,863,645 380,299,143 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
391,281,403 380,299,143 386,281,788 375,299,528


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
10,982,260 4,999,615


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
391,281,403 380,299,143 386,281,788 375,299,528

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