taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

168/Mitchell

208-903/Ira ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 55,810 N/A 55,810 55,810
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 0 N/A 0 0
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 866,910 N/A 866,910 866,910
D2. Real Prop Farm & Ranch 60,590 N/A 60,590 60,590
E. Real Prop NonQual Acres 681,162 N/A 681,162 681,162
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 324,330 N/A 324,330 324,330
J. Utilities 443,120 N/A 443,120 443,120
L1. Commercial Personal 142,950 N/A 142,950 142,950
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 0 N/A 0 0
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 2,574,872 2,574,872 2,574,872
Less Total Deductions 217,786   217,786 217,786
Total Taxable Value 2,357,086 2,357,086 2,357,086 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
2,388,356 2,357,086 2,388,356 2,357,086


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
31,270 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
2,388,356 2,357,086 2,388,356 2,357,086

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

208/Scurry

208-903/Ira ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 13,412,831 N/A 13,412,831 13,412,831
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 97,694 N/A 97,694 97,694
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,414,501 N/A 5,414,501 5,414,501
D2. Real Prop Farm & Ranch 1,092,591 N/A 1,092,591 1,092,591
E. Real Prop NonQual Acres 12,024,674 N/A 12,024,674 12,024,674
F1. Commercial Real 564,637 N/A 564,637 564,637
F2. Industrial Real 1,325,128 N/A 1,325,128 1,325,128
G. Oil, Gas, Minerals 94,669,652 N/A 94,669,652 94,669,652
J. Utilities 44,140,496 N/A 44,140,496 44,140,496
L1. Commercial Personal 282,939 N/A 282,939 282,939
L2. Industrial Personal 8,600,570 N/A 8,600,570 8,600,570
M. Other Personal 1,179,804 N/A 1,179,804 1,179,804
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 182,805,517 182,805,517 182,805,517
Less Total Deductions 9,212,146   9,212,146 9,212,146
Total Taxable Value 173,593,371 173,593,371 173,593,371 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
175,154,013 173,593,371 175,154,013 173,593,371


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,560,642 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
175,154,013 173,593,371 175,154,013 173,593,371

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

208-903/Ira ISD



Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 13,468,641 N/A 13,468,641 13,468,641
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 97,694 N/A 97,694 97,694
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,281,411 N/A 6,281,411 6,281,411
D2. Real Prop Farm & Ranch 1,153,181 N/A 1,153,181 1,153,181
E. Real Prop NonQual Acres 12,705,836 N/A 12,705,836 12,705,836
F1. Commercial Real 564,637 N/A 564,637 564,637
F2. Industrial Real 1,325,128 N/A 1,325,128 1,325,128
G. Oil, Gas, Minerals 94,993,982 N/A 94,993,982 94,993,982
J. Utilities 44,583,616 N/A 44,583,616 44,583,616
L1. Commercial Personal 425,889 N/A 425,889 425,889
L2. Industrial Personal 8,600,570 N/A 8,600,570 8,600,570
M. Other Personal 1,179,804 N/A 1,179,804 1,179,804
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 185,380,389 185,380,389 185,380,389
Less Total Deductions 9,429,932   9,429,932 9,429,932
Total Taxable Value 175,950,457 175,950,457 175,950,457 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