taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

205/San Patricio

205-905/Odem-Edroy ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 148,164,112 .9383 157,906,972 148,164,112
B. Multi-Family Residences 1,083,612 N/A 1,083,612 1,083,612
C1. Vacant Lots 6,536,448 N/A 6,536,448 6,536,448
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 17,238,392 1.0478 16,451,466 17,238,392
D2. Real Prop Farm & Ranch 2,152,199 N/A 2,152,199 2,152,199
E. Real Prop NonQual Acres 27,640,378 .9241 29,910,592 27,640,378
F1. Commercial Real 17,053,994 N/A 17,053,994 17,053,994
F2. Industrial Real 67,730,986 N/A 67,730,986 67,730,986
G. Oil, Gas, Minerals 7,062,610 N/A 7,062,610 7,062,610
J. Utilities 57,014,490 .9622 59,254,303 57,014,490
L1. Commercial Personal 7,213,858 N/A 7,213,858 7,213,858
L2. Industrial Personal 48,243,770 N/A 48,243,770 48,243,770
M. Other Personal 3,060,630 N/A 3,060,630 3,060,630
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 77,413 N/A 77,413 77,413
Subtotal 410,272,892 423,738,853 410,272,892
Less Total Deductions 99,879,564   102,754,651 99,879,564
Total Taxable Value 310,393,328 320,984,202 310,393,328 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
319,706,669 310,393,328 319,706,669 310,393,328


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
9,313,341 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
367,138,589 357,825,248 367,138,589 357,825,248

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