taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

186/Pecos

186-903/Iraan-Sheffield ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 27,932,310 N/A 27,932,310 27,932,310
B. Multi-Family Residences 49,930 N/A 49,930 49,930
C1. Vacant Lots 273,150 N/A 273,150 273,150
C2. Colonia Lots 42,410 N/A 42,410 42,410
D1. Rural Real(Taxable) 3,774,710 .7154 5,276,050 3,774,710
D2. Real Prop Farm & Ranch 3,516,220 N/A 3,516,220 3,516,220
E. Real Prop NonQual Acres 5,967,150 N/A 5,967,150 5,967,150
F1. Commercial Real 5,671,740 N/A 5,671,740 5,671,740
F2. Industrial Real 67,976,250 N/A 67,976,250 67,976,250
G. Oil, Gas, Minerals 953,489,410 1.0198 934,976,868 953,489,410
J. Utilities 60,961,750 N/A 60,961,750 60,961,750
L1. Commercial Personal 1,889,640 N/A 1,889,640 1,889,640
L2. Industrial Personal 178,029,551 N/A 178,029,551 178,029,551
M. Other Personal 2,672,610 N/A 2,672,610 2,672,610
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 1,312,246,831 1,295,235,629 1,312,246,831
Less Total Deductions 124,180,073   124,180,073 124,180,073
Total Taxable Value 1,188,066,758 1,171,055,556 1,188,066,758 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
1,191,063,718 1,188,066,758 1,189,129,003 1,186,132,043


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,996,960 1,934,715


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
1,304,021,328 1,301,024,368 1,302,086,613 1,299,089,653

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