taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

127/Jones

221-904/Merkel ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 225,510 N/A 225,510 225,510
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 90,200 N/A 90,200 90,200
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,379,560 N/A 2,379,560 2,379,560
D2. Real Prop Farm & Ranch 419,860 N/A 419,860 419,860
E. Real Prop NonQual Acres 29,136,210 N/A 29,136,210 29,136,210
F1. Commercial Real 239,010 N/A 239,010 239,010
F2. Industrial Real 104,570 N/A 104,570 104,570
G. Oil, Gas, Minerals 8,033,190 N/A 8,033,190 8,033,190
J. Utilities 5,608,220 N/A 5,608,220 5,608,220
L1. Commercial Personal 549,080 N/A 549,080 549,080
L2. Industrial Personal 3,688,870 N/A 3,688,870 3,688,870
M. Other Personal 699,230 N/A 699,230 699,230
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 51,173,510 51,173,510 51,173,510
Less Total Deductions 11,458,720   11,458,720 11,458,720
Total Taxable Value 39,714,790 39,714,790 39,714,790 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
41,418,450 39,714,790 41,418,450 39,714,790


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,703,660 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
41,418,450 39,714,790 41,418,450 39,714,790

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

221/Taylor

221-904/Merkel ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 82,189,827 .9382 87,603,738 82,189,827
B. Multi-Family Residences 915,240 N/A 915,240 915,240
C1. Vacant Lots 5,199,308 N/A 5,199,308 5,199,308
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 10,159,534 1.0172 9,987,991 10,159,534
D2. Real Prop Farm & Ranch 1,043,635 N/A 1,043,635 1,043,635
E. Real Prop NonQual Acres 36,411,297 .9347 38,955,063 36,411,297
F1. Commercial Real 38,991,370 .9846 39,601,229 38,991,370
F2. Industrial Real 69,496,053 N/A 69,496,053 69,496,053
G. Oil, Gas, Minerals 5,065,915 N/A 5,065,915 5,065,915
J. Utilities 49,013,160 .9523 51,468,193 49,013,160
L1. Commercial Personal 77,871,681 1.0035 77,600,081 77,871,681
L2. Industrial Personal 3,299,816 N/A 3,299,816 3,299,816
M. Other Personal 6,164,768 N/A 6,164,768 6,164,768
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 1,140,939 N/A 1,140,939 1,140,939
Subtotal 386,962,543 397,541,969 386,962,543
Less Total Deductions 38,953,736   40,846,094 38,953,736
Total Taxable Value 348,008,807 356,695,875 348,008,807 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
357,420,272 348,008,807 357,420,272 348,008,807


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
9,411,465 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
357,420,272 348,008,807 357,420,272 348,008,807

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

221-904/Merkel ISD



Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 82,415,337 .9384 87,829,248 82,415,337
B. Multi-Family Residences 915,240 N/A 915,240 915,240
C1. Vacant Lots 5,289,508 N/A 5,289,508 5,289,508
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 12,539,094 1.0139 12,367,551 12,539,094
D2. Real Prop Farm & Ranch 1,463,495 N/A 1,463,495 1,463,495
E. Real Prop NonQual Acres 65,547,507 .9626 68,091,273 65,547,507
F1. Commercial Real 39,230,380 .9847 39,840,239 39,230,380
F2. Industrial Real 69,600,623 N/A 69,600,623 69,600,623
G. Oil, Gas, Minerals 13,099,105 N/A 13,099,105 13,099,105
J. Utilities 54,621,380 .9570 57,076,413 54,621,380
L1. Commercial Personal 78,420,761 1.0035 78,149,161 78,420,761
L2. Industrial Personal 6,988,686 N/A 6,988,686 6,988,686
M. Other Personal 6,863,998 N/A 6,863,998 6,863,998
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 1,140,939 N/A 1,140,939 1,140,939
Subtotal 438,136,053 448,715,479 438,136,053
Less Total Deductions 50,412,456   52,304,814 50,412,456
Total Taxable Value 387,723,597 396,410,665 387,723,597 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