taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

205/San Patricio

205-907/Taft ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 107,772,541 .9858 109,324,955 107,772,541
B. Multi-Family Residences 3,701,510 N/A 3,701,510 3,701,510
C1. Vacant Lots 4,747,913 N/A 4,747,913 4,747,913
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 24,463,077 1.0045 24,354,001 24,463,077
D2. Real Prop Farm & Ranch 2,231,268 N/A 2,231,268 2,231,268
E. Real Prop NonQual Acres 28,644,023 .9369 30,573,191 28,644,023
F1. Commercial Real 17,504,525 N/A 17,504,525 17,504,525
F2. Industrial Real 248,775,586 N/A 248,775,586 248,775,586
G. Oil, Gas, Minerals 19,821,810 1.0078 19,668,397 19,821,810
J. Utilities 59,291,739 .9973 59,452,260 59,291,739
L1. Commercial Personal 19,436,058 1.0567 18,393,166 19,436,058
L2. Industrial Personal 13,311,966 N/A 13,311,966 13,311,966
M. Other Personal 641,290 N/A 641,290 641,290
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 2,370,995 N/A 2,370,995 2,370,995
Subtotal 552,714,301 555,051,023 552,714,301
Less Total Deductions 266,212,524   266,744,857 266,212,524
Total Taxable Value 286,501,777 288,306,166 286,501,777 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
295,148,851 286,501,777 295,148,851 286,501,777


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
8,647,074 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
514,731,841 506,084,767 514,731,841 506,084,767

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