taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

188/Potter

191-901/Canyon ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 3,104,460,648 .9626 3,225,078,587 3,104,460,648
B. Multi-Family Residences 138,145,429 N/A 138,145,429 138,145,429
C1. Vacant Lots 107,305,708 N/A 107,305,708 107,305,708
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 26,720,003 .9510 28,097,486 26,720,003
D2. Real Prop Farm & Ranch 3,839,293 N/A 3,839,293 3,839,293
E. Real Prop NonQual Acres 31,982,579 N/A 31,982,579 31,982,579
F1. Commercial Real 376,153,630 .9061 415,134,786 376,153,630
F2. Industrial Real 20,465,615 N/A 20,465,615 20,465,615
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 117,755,858 N/A 117,755,858 117,755,858
L1. Commercial Personal 245,124,337 .9999 245,148,852 245,124,337
L2. Industrial Personal 187,088,476 N/A 187,088,476 187,088,476
M. Other Personal 26,962,484 N/A 26,962,484 26,962,484
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 11,011,250 N/A 11,011,250 11,011,250
S. Special Inventory 27,476,328 N/A 27,476,328 27,476,328
Subtotal 4,424,491,638 4,585,492,731 4,424,491,638
Less Total Deductions 580,795,196   609,455,461 580,795,196
Total Taxable Value 3,843,696,442 3,976,037,270 3,843,696,442 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
3,959,226,134 3,843,696,442 3,959,226,134 3,843,696,442


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
115,529,692 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
3,959,226,134 3,843,696,442 3,959,226,134 3,843,696,442

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