taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

161/McLennan

161-924/Hallsburg ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 25,205,180 N/A 25,205,180 25,205,180
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 1,438,568 N/A 1,438,568 1,438,568
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,249,296 N/A 1,249,296 1,249,296
D2. Real Prop Farm & Ranch 1,206,679 N/A 1,206,679 1,206,679
E. Real Prop NonQual Acres 27,591,220 N/A 27,591,220 27,591,220
F1. Commercial Real 1,273,000 N/A 1,273,000 1,273,000
F2. Industrial Real 2,547,030 N/A 2,547,030 2,547,030
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 10,102,840 N/A 10,102,840 10,102,840
L1. Commercial Personal 2,674,080 N/A 2,674,080 2,674,080
L2. Industrial Personal 111,440 N/A 111,440 111,440
M. Other Personal 818,400 N/A 818,400 818,400
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 13,590 N/A 13,590 13,590
Subtotal 74,231,323 74,231,323 74,231,323
Less Total Deductions 13,665,354   13,665,354 13,665,354
Total Taxable Value 60,565,969 60,565,969 60,565,969 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
63,573,782 60,565,969 63,573,782 60,565,969


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,007,813 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
63,573,782 60,565,969 63,573,782 60,565,969

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