taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

202/Sabine

210-903/Shelbyville ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 277,990 N/A 277,990 277,990
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 94,280 N/A 94,280 94,280
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,323,770 N/A 1,323,770 1,323,770
D2. Real Prop Farm & Ranch 282,960 N/A 282,960 282,960
E. Real Prop NonQual Acres 1,168,190 N/A 1,168,190 1,168,190
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 1,529,010 N/A 1,529,010 1,529,010
J. Utilities 25,960 N/A 25,960 25,960
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 63,360 N/A 63,360 63,360
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 4,765,520 4,765,520 4,765,520
Less Total Deductions 641,291   641,291 641,291
Total Taxable Value 4,124,229 4,124,229 4,124,229 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
4,207,189 4,124,229 4,207,189 4,124,229


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
82,960 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
4,207,189 4,124,229 4,207,189 4,124,229

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

210/Shelby

210-903/Shelbyville ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 25,782,220 .9459 27,256,814 25,782,220
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 1,731,720 N/A 1,731,720 1,731,720
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 15,333,779 1.0032 15,285,143 15,333,779
D2. Real Prop Farm & Ranch 10,805,145 N/A 10,805,145 10,805,145
E. Real Prop NonQual Acres 56,058,514 1.0064 55,702,021 56,058,514
F1. Commercial Real 1,681,250 N/A 1,681,250 1,681,250
F2. Industrial Real 2,050 N/A 2,050 2,050
G. Oil, Gas, Minerals 148,694,820 1.0067 147,705,195 148,694,820
J. Utilities 37,661,090 .9892 38,072,271 37,661,090
L1. Commercial Personal 5,952,328 N/A 5,952,328 5,952,328
L2. Industrial Personal 11,069,910 N/A 11,069,910 11,069,910
M. Other Personal 5,665,160 N/A 5,665,160 5,665,160
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 320,437,986 320,929,007 320,437,986
Less Total Deductions 31,502,667   32,963,706 31,502,667
Total Taxable Value 288,935,319 287,965,301 288,935,319 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
294,833,549 288,935,319 294,833,549 288,935,319


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,898,230 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
294,833,549 288,935,319 294,833,549 288,935,319

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

210-903/Shelbyville ISD



Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 26,060,210 .9464 27,534,804 26,060,210
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 1,826,000 N/A 1,826,000 1,826,000
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 16,657,549 1.0029 16,608,913 16,657,549
D2. Real Prop Farm & Ranch 11,088,105 N/A 11,088,105 11,088,105
E. Real Prop NonQual Acres 57,226,704 1.0063 56,870,211 57,226,704
F1. Commercial Real 1,681,250 N/A 1,681,250 1,681,250
F2. Industrial Real 2,050 N/A 2,050 2,050
G. Oil, Gas, Minerals 150,223,830 1.0066 149,234,205 150,223,830
J. Utilities 37,687,050 .9892 38,098,231 37,687,050
L1. Commercial Personal 5,952,328 N/A 5,952,328 5,952,328
L2. Industrial Personal 11,069,910 N/A 11,069,910 11,069,910
M. Other Personal 5,728,520 N/A 5,728,520 5,728,520
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 325,203,506 325,694,527 325,203,506
Less Total Deductions 32,143,958   33,604,997 32,143,958
Total Taxable Value 293,059,548 292,089,530 293,059,548 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