taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

202/Sabine

202-905/West Sabine ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 33,883,500 .9533 35,543,376 35,543,376
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 2,366,290 N/A 2,366,290 2,366,290
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 8,481,370 .9008 9,415,674 9,415,674
D2. Real Prop Farm & Ranch 0 N/A 0 0
E. Real Prop NonQual Acres 18,311,050 .8953 20,452,418 20,452,418
F1. Commercial Real 4,105,010 .8869 4,628,493 4,628,493
F2. Industrial Real 9,939,800 N/A 9,939,800 9,939,800
G. Oil, Gas, Minerals 72,390 N/A 72,390 72,390
J. Utilities 14,498,250 1.1263 12,872,458 12,872,458
L1. Commercial Personal 2,324,870 N/A 2,324,870 2,324,870
L2. Industrial Personal 24,135,030 N/A 24,135,030 24,135,030
M. Other Personal 3,946,530 N/A 3,946,530 3,946,530
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 122,064,090 125,697,329 125,697,329
Less Total Deductions 27,277,042   28,012,241 28,012,241
Total Taxable Value 94,787,048 97,685,088 97,685,088 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
103,461,868 97,685,088 100,305,403 94,528,623


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,776,780 3,156,465


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
103,461,868 97,685,088 100,305,403 94,528,623

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 taxable value to be invalid, and state value was certified because your local value:

1) was invalid in one or more of the previous two years or

2) is less than 90% of the lower end of the margin of error range or

3) The appraisal district that appraises property for the school district was not in compliance with the scoring requirement of the Comptroller's most recent review of the appraisal district conducted under section 5.102, Tax Code (MAP Review)