taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

212/Smith

212-905/Tyler ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 4,381,845,294 .9766 4,486,837,287 4,381,845,294
B. Multi-Family Residences 515,524,082 1.0060 512,449,386 515,524,082
C1. Vacant Lots 197,791,466 N/A 197,791,466 197,791,466
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 9,604,609 1.2536 7,661,552 9,604,609
D2. Real Prop Farm & Ranch 4,029,824 N/A 4,029,824 4,029,824
E. Real Prop NonQual Acres 306,912,504 .9461 324,397,531 306,912,504
F1. Commercial Real 2,014,607,837 .9967 2,021,278,055 2,014,607,837
F2. Industrial Real 254,247,512 N/A 254,247,512 254,247,512
G. Oil, Gas, Minerals 34,957,891 N/A 34,957,891 34,957,891
J. Utilities 194,223,404 N/A 194,223,404 194,223,404
L1. Commercial Personal 792,256,148 1.0003 792,018,542 792,256,148
L2. Industrial Personal 241,898,123 N/A 241,898,123 241,898,123
M. Other Personal 20,681,829 N/A 20,681,829 20,681,829
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 24,209,447 N/A 24,209,447 24,209,447
S. Special Inventory 68,378,232 N/A 68,378,232 68,378,232
Subtotal 9,061,168,202 9,185,060,081 9,061,168,202
Less Total Deductions 1,217,447,144   1,251,647,535 1,217,447,144
Total Taxable Value 7,843,721,058 7,933,412,546 7,843,721,058 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
8,069,509,453 7,843,721,058 8,069,509,453 7,843,721,058


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
225,788,395 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
8,069,509,453 7,843,721,058 8,069,509,453 7,843,721,058

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