taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

166/Milam

166-904/Rockdale 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 171,088,070 .8911 191,996,487 171,088,070
B. Multi-Family Residences 5,160,640 N/A 5,160,640 5,160,640
C1. Vacant Lots 3,143,005 N/A 3,143,005 3,143,005
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 10,154,702 .8258 12,297,185 10,154,702
D2. Real Prop Farm & Ranch 7,599,450 N/A 7,599,450 7,599,450
E. Real Prop NonQual Acres 89,990,481 .9240 97,392,295 89,990,481
F1. Commercial Real 47,765,478 .9633 49,585,257 47,765,478
F2. Industrial Real 759,741,530 N/A 759,741,530 759,741,530
G. Oil, Gas, Minerals 18,564,709 1.0141 18,306,586 18,564,709
J. Utilities 47,688,550 .9805 48,636,971 47,688,550
L1. Commercial Personal 25,460,460 .9666 26,340,223 25,460,460
L2. Industrial Personal 43,883,140 N/A 43,883,140 43,883,140
M. Other Personal 5,205,070 N/A 5,205,070 5,205,070
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 2,583,180 N/A 2,583,180 2,583,180
Subtotal 1,238,028,465 1,271,871,019 1,238,028,465
Less Total Deductions 360,752,434   370,297,997 360,752,434
Total Taxable Value 877,276,031 901,573,022 877,276,031 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
894,309,798 877,276,031 894,309,798 877,276,031


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
17,033,767 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
894,309,798 877,276,031 894,309,798 877,276,031

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.