taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

214/Starr

214-903/Roma ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 220,462,340 .5950 370,524,941 370,524,941
B. Multi-Family Residences 10,124,920 N/A 10,124,920 10,124,920
C1. Vacant Lots 30,838,730 1.0211 30,201,479 30,201,479
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 21,248,940 .8309 25,572,237 25,572,237
D2. Real Prop Farm & Ranch 0 N/A 0 0
E. Real Prop NonQual Acres 17,195,250 N/A 17,195,250 17,195,250
F1. Commercial Real 43,787,360 .9705 45,118,351 45,118,351
F2. Industrial Real 22,978,600 N/A 22,978,600 22,978,600
G. Oil, Gas, Minerals 42,852,640 .9808 43,691,517 43,691,517
J. Utilities 37,045,900 .9461 39,156,432 39,156,432
L1. Commercial Personal 18,990,960 N/A 18,990,960 18,990,960
L2. Industrial Personal 4,526,970 N/A 4,526,970 4,526,970
M. Other Personal 972,830 N/A 972,830 972,830
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 482,920 N/A 482,920 482,920
Subtotal 471,508,360 629,537,407 629,537,407
Less Total Deductions 103,500,332   117,997,063 117,997,063
Total Taxable Value 368,008,028 511,540,344 511,540,344 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
537,151,684 511,540,344 537,151,684 511,540,344


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
25,611,340 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
537,151,684 511,540,344 537,151,684 511,540,344

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 taxable value to be invalid, and state value was certified because your local value:

1) was invalid in one or more of the previous two years or

2) is less than 90% of the lower end of the margin of error range or

3) The appraisal district that appraises property for the school district was not in compliance with the scoring requirement of the Comptroller's most recent review of the appraisal district conducted under section 5.102, Tax Code (MAP Review)