taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

161/McLennan

161-921/Connally ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 339,099,235 N/A 339,099,235 339,099,235
B. Multi-Family Residences 40,554,096 N/A 40,554,096 40,554,096
C1. Vacant Lots 12,411,483 N/A 12,411,483 12,411,483
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,193,530 N/A 1,193,530 1,193,530
D2. Real Prop Farm & Ranch 2,099,381 N/A 2,099,381 2,099,381
E. Real Prop NonQual Acres 46,471,847 N/A 46,471,847 46,471,847
F1. Commercial Real 46,562,987 N/A 46,562,987 46,562,987
F2. Industrial Real 41,054,069 N/A 41,054,069 41,054,069
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 22,576,110 N/A 22,576,110 22,576,110
L1. Commercial Personal 41,083,670 N/A 41,083,670 41,083,670
L2. Industrial Personal 84,420,950 N/A 84,420,950 84,420,950
M. Other Personal 4,826,450 N/A 4,826,450 4,826,450
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 1,213,907 N/A 1,213,907 1,213,907
S. Special Inventory 3,120,760 N/A 3,120,760 3,120,760
Subtotal 686,688,475 686,688,475 686,688,475
Less Total Deductions 109,728,620   109,728,620 109,728,620
Total Taxable Value 576,959,855 576,959,855 576,959,855 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
601,424,092 576,959,855 601,424,092 576,959,855


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
24,464,237 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
601,424,092 576,959,855 601,424,092 576,959,855

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