taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

212/Smith

212-909/Chapel Hill ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 675,706,378 .9711 695,815,444 675,706,378
B. Multi-Family Residences 78,245,266 .9763 80,144,695 78,245,266
C1. Vacant Lots 25,788,695 N/A 25,788,695 25,788,695
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 9,756,358 1.2125 8,046,412 9,756,358
D2. Real Prop Farm & Ranch 1,374,283 N/A 1,374,283 1,374,283
E. Real Prop NonQual Acres 164,612,461 .9575 171,919,019 164,612,461
F1. Commercial Real 89,585,333 .9912 90,380,683 89,585,333
F2. Industrial Real 6,489,616 N/A 6,489,616 6,489,616
G. Oil, Gas, Minerals 28,616,177 N/A 28,616,177 28,616,177
J. Utilities 46,305,099 N/A 46,305,099 46,305,099
L1. Commercial Personal 81,816,100 1.0412 78,578,659 81,816,100
L2. Industrial Personal 111,742,169 N/A 111,742,169 111,742,169
M. Other Personal 12,310,108 N/A 12,310,108 12,310,108
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 2,668,277 N/A 2,668,277 2,668,277
S. Special Inventory 2,795,170 N/A 2,795,170 2,795,170
Subtotal 1,337,811,490 1,362,974,506 1,337,811,490
Less Total Deductions 205,323,729   213,076,675 205,323,729
Total Taxable Value 1,132,487,761 1,149,897,831 1,132,487,761 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
1,172,015,344 1,132,487,761 1,172,015,344 1,132,487,761


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
39,527,583 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
1,172,015,344 1,132,487,761 1,172,015,344 1,132,487,761

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