taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

166/Milam

166-905/Thorndale ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 46,340,920 1.0135 45,723,651 46,340,920
B. Multi-Family Residences 1,290,930 N/A 1,290,930 1,290,930
C1. Vacant Lots 682,110 N/A 682,110 682,110
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 10,147,203 .8504 11,932,341 10,147,203
D2. Real Prop Farm & Ranch 3,968,672 N/A 3,968,672 3,968,672
E. Real Prop NonQual Acres 46,624,580 .8639 53,969,881 46,624,580
F1. Commercial Real 5,721,820 N/A 5,721,820 5,721,820
F2. Industrial Real 2,902,070 N/A 2,902,070 2,902,070
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 14,794,610 .9911 14,927,464 14,794,610
L1. Commercial Personal 2,669,510 N/A 2,669,510 2,669,510
L2. Industrial Personal 354,300 N/A 354,300 354,300
M. Other Personal 2,828,230 N/A 2,828,230 2,828,230
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 138,324,955 146,970,979 138,324,955
Less Total Deductions 25,366,278   25,036,270 25,366,278
Total Taxable Value 112,958,677 121,934,709 112,958,677 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
119,001,291 112,958,677 119,001,291 112,958,677


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,042,614 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
119,001,291 112,958,677 119,001,291 112,958,677

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

246/Williamson

166-905/Thorndale ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 4,188,990 N/A 4,188,990 4,188,990
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 109,187 N/A 109,187 109,187
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,076,906 N/A 2,076,906 2,076,906
D2. Real Prop Farm & Ranch 478,981 N/A 478,981 478,981
E. Real Prop NonQual Acres 8,473,954 N/A 8,473,954 8,473,954
F1. Commercial Real 39,396 N/A 39,396 39,396
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 1,855,951 N/A 1,855,951 1,855,951
L1. Commercial Personal 36,969 N/A 36,969 36,969
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 46,031 N/A 46,031 46,031
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 17,306,365 17,306,365 17,306,365
Less Total Deductions 2,196,417   2,196,417 2,196,417
Total Taxable Value 15,109,948 15,109,948 15,109,948 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
15,634,349 15,109,948 15,634,349 15,109,948


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
524,401 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
15,634,349 15,109,948 15,634,349 15,109,948

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

166-905/Thorndale ISD



Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 50,529,910 1.0124 49,912,641 50,529,910
B. Multi-Family Residences 1,290,930 N/A 1,290,930 1,290,930
C1. Vacant Lots 791,297 N/A 791,297 791,297
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 12,224,109 .8726 14,009,247 12,224,109
D2. Real Prop Farm & Ranch 4,447,653 N/A 4,447,653 4,447,653
E. Real Prop NonQual Acres 55,098,534 .8824 62,443,835 55,098,534
F1. Commercial Real 5,761,216 N/A 5,761,216 5,761,216
F2. Industrial Real 2,902,070 N/A 2,902,070 2,902,070
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 16,650,561 .9921 16,783,415 16,650,561
L1. Commercial Personal 2,706,479 N/A 2,706,479 2,706,479
L2. Industrial Personal 354,300 N/A 354,300 354,300
M. Other Personal 2,874,261 N/A 2,874,261 2,874,261
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 155,631,320 164,277,344 155,631,320
Less Total Deductions 27,562,695   27,232,687 27,562,695
Total Taxable Value 128,068,625 137,044,657 128,068,625 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