taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

219/Swisher

219-903/Tulia ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 61,403,032 .9701 63,295,570 61,403,032
B. Multi-Family Residences 566,900 N/A 566,900 566,900
C1. Vacant Lots 749,526 N/A 749,526 749,526
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 25,283,781 1.1759 21,500,909 25,283,781
D2. Real Prop Farm & Ranch 1,902,313 N/A 1,902,313 1,902,313
E. Real Prop NonQual Acres 19,608,689 .9442 20,767,516 19,608,689
F1. Commercial Real 10,873,670 .8199 13,262,191 10,873,670
F2. Industrial Real 8,508,930 N/A 8,508,930 8,508,930
G. Oil, Gas, Minerals 6,375 N/A 6,375 6,375
J. Utilities 20,107,570 .4667 43,084,573 20,107,570
L1. Commercial Personal 9,845,290 1.0128 9,720,863 9,845,290
L2. Industrial Personal 14,177,970 N/A 14,177,970 14,177,970
M. Other Personal 384,970 N/A 384,970 384,970
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 543,460 N/A 543,460 543,460
Subtotal 173,962,476 198,472,066 173,962,476
Less Total Deductions 32,372,469   33,218,982 32,372,469
Total Taxable Value 141,590,007 165,253,084 141,590,007 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
149,520,735 141,590,007 149,520,735 141,590,007


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
7,930,728 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
149,520,735 141,590,007 149,520,735 141,590,007

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