taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

147/Limestone

147-901/Coolidge ISD

* This district is in year 1 of the grace period.


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 11,763,000 .8430 13,953,737 11,763,000
B. Multi-Family Residences 246,360 N/A 246,360 246,360
C1. Vacant Lots 341,880 N/A 341,880 341,880
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,396,829 1.2943 3,396,994 4,396,829
D2. Real Prop Farm & Ranch 1,206,945 N/A 1,206,945 1,206,945
E. Real Prop NonQual Acres 14,852,971 .7628 19,471,645 14,852,971
F1. Commercial Real 1,825,380 N/A 1,825,380 1,825,380
F2. Industrial Real 1,039,730 N/A 1,039,730 1,039,730
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 4,478,780 .9590 4,670,261 4,478,780
L1. Commercial Personal 534,825 N/A 534,825 534,825
L2. Industrial Personal 4,402,020 N/A 4,402,020 4,402,020
M. Other Personal 1,768,090 N/A 1,768,090 1,768,090
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 46,856,810 52,857,867 46,856,810
Less Total Deductions 8,022,240   9,091,028 8,022,240
Total Taxable Value 38,834,570 43,766,839 38,834,570 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
40,601,314 38,834,570 40,601,314 38,834,570


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,766,744 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
40,601,314 38,834,570 40,601,314 38,834,570

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 invalid, but local value was certified because your school district is in year one of the grace period.