taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

188/Potter

188-901/Amarillo ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 5,941,721,896 .9699 6,126,118,049 5,941,721,896
B. Multi-Family Residences 407,584,567 .9165 444,718,567 407,584,567
C1. Vacant Lots 86,027,484 N/A 86,027,484 86,027,484
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 456,789 1.0161 449,532 456,789
D2. Real Prop Farm & Ranch 15,586 N/A 15,586 15,586
E. Real Prop NonQual Acres 1,054,788 N/A 1,054,788 1,054,788
F1. Commercial Real 1,620,229,324 .8986 1,803,059,564 1,620,229,324
F2. Industrial Real 7,925,636 N/A 7,925,636 7,925,636
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 276,161,014 1.0864 254,198,282 276,161,014
L1. Commercial Personal 893,756,491 .9901 902,693,153 893,756,491
L2. Industrial Personal 45,317,986 N/A 45,317,986 45,317,986
M. Other Personal 11,075,189 N/A 11,075,189 11,075,189
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 3,913,140 N/A 3,913,140 3,913,140
S. Special Inventory 44,144,876 N/A 44,144,876 44,144,876
Subtotal 9,339,384,766 9,730,711,832 9,339,384,766
Less Total Deductions 1,432,051,884   1,484,594,529 1,432,051,884
Total Taxable Value 7,907,332,882 8,246,117,303 7,907,332,882 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
8,211,103,629 7,907,332,882 8,211,103,629 7,907,332,882


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
303,770,747 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
8,211,103,629 7,907,332,882 8,211,103,629 7,907,332,882

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