taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

216/Sterling

216-901/Sterling City ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 18,516,210 N/A 18,516,210 18,516,210
B. Multi-Family Residences 703,580 N/A 703,580 703,580
C1. Vacant Lots 1,391,690 N/A 1,391,690 1,391,690
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 9,748,230 1.3189 7,391,119 9,748,230
D2. Real Prop Farm & Ranch 7,021,480 N/A 7,021,480 7,021,480
E. Real Prop NonQual Acres 12,110,190 N/A 12,110,190 12,110,190
F1. Commercial Real 3,932,600 N/A 3,932,600 3,932,600
F2. Industrial Real 747,291,630 N/A 747,291,630 747,291,630
G. Oil, Gas, Minerals 147,661,290 1.0588 139,460,984 147,661,290
J. Utilities 113,002,730 1.0029 112,675,970 113,002,730
L1. Commercial Personal 5,877,390 N/A 5,877,390 5,877,390
L2. Industrial Personal 37,419,500 N/A 37,419,500 37,419,500
M. Other Personal 215,900 N/A 215,900 215,900
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 1,104,892,420 1,094,008,243 1,104,892,420
Less Total Deductions 629,311,106   629,311,106 629,311,106
Total Taxable Value 475,581,314 464,697,137 475,581,314 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
477,814,784 475,581,314 477,814,784 475,581,314


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,233,470 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
1,095,452,764 1,093,219,294 1,095,452,764 1,093,219,294

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 invalid, but local value was certified because local value is greater than PTAD value.