taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

210/Shelby

210-905/Timpson ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 33,140,562 .9657 34,317,658 33,140,562
B. Multi-Family Residences 478,460 N/A 478,460 478,460
C1. Vacant Lots 1,788,740 N/A 1,788,740 1,788,740
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 14,245,579 .9928 14,349,197 14,245,579
D2. Real Prop Farm & Ranch 9,325,720 1.0006 9,320,128 9,325,720
E. Real Prop NonQual Acres 48,039,945 1.0186 47,162,718 48,039,945
F1. Commercial Real 7,088,130 N/A 7,088,130 7,088,130
F2. Industrial Real 3,399,260 N/A 3,399,260 3,399,260
G. Oil, Gas, Minerals 8,783,170 1.0019 8,766,514 8,783,170
J. Utilities 17,004,990 .9907 17,164,621 17,004,990
L1. Commercial Personal 5,309,268 N/A 5,309,268 5,309,268
L2. Industrial Personal 10,378,140 N/A 10,378,140 10,378,140
M. Other Personal 4,785,990 N/A 4,785,990 4,785,990
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 41,800 N/A 41,800 41,800
Subtotal 163,809,754 164,350,624 163,809,754
Less Total Deductions 35,310,769   36,328,647 35,310,769
Total Taxable Value 128,498,985 128,021,977 128,498,985 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
134,577,370 128,498,985 129,114,542 123,036,157


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,078,385 5,462,828


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
134,577,370 128,498,985 129,114,542 123,036,157

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