taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

149/Live Oak

149-901/George West ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 195,290,410 .9316 209,629,036 195,290,410
B. Multi-Family Residences 1,833,833 N/A 1,833,833 1,833,833
C1. Vacant Lots 12,890,168 N/A 12,890,168 12,890,168
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 29,094,875 1.0690 27,218,025 29,094,875
D2. Real Prop Farm & Ranch 3,558,079 N/A 3,558,079 3,558,079
E. Real Prop NonQual Acres 100,271,691 .9586 104,602,223 100,271,691
F1. Commercial Real 59,281,627 .8880 66,758,589 59,281,627
F2. Industrial Real 721,005 N/A 721,005 721,005
G. Oil, Gas, Minerals 79,656,228 1.0197 78,117,317 79,656,228
J. Utilities 161,382,574 .9651 167,218,500 161,382,574
L1. Commercial Personal 49,461,858 .9857 50,179,424 49,461,858
L2. Industrial Personal 158,353,616 N/A 158,353,616 158,353,616
M. Other Personal 6,940,252 N/A 6,940,252 6,940,252
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 773,529 N/A 773,529 773,529
S. Special Inventory 147,785 N/A 147,785 147,785
Subtotal 859,657,530 888,941,381 859,657,530
Less Total Deductions 107,398,105   113,946,651 107,398,105
Total Taxable Value 752,259,425 774,994,730 752,259,425 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
766,659,426 752,259,425 751,689,160 737,289,159


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
14,400,001 14,970,266


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
766,659,426 752,259,425 751,689,160 737,289,159

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