taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

228/Trinity

228-905/Apple Springs ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 12,515,938 .9656 12,961,825 12,515,938
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 547,936 N/A 547,936 547,936
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 9,714,042 1.0073 9,644,049 9,714,042
D2. Real Prop Farm & Ranch 409,901 N/A 409,901 409,901
E. Real Prop NonQual Acres 20,736,433 .9725 21,322,810 20,736,433
F1. Commercial Real 1,702,992 N/A 1,702,992 1,702,992
F2. Industrial Real 45,850 N/A 45,850 45,850
G. Oil, Gas, Minerals 118,020 N/A 118,020 118,020
J. Utilities 1,765,108 1.1594 1,522,432 1,765,108
L1. Commercial Personal 1,282,001 N/A 1,282,001 1,282,001
L2. Industrial Personal 372,150 N/A 372,150 372,150
M. Other Personal 1,642,660 N/A 1,642,660 1,642,660
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 50,853,031 51,572,626 50,853,031
Less Total Deductions 12,722,770   13,103,234 12,722,770
Total Taxable Value 38,130,261 38,469,392 38,130,261 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
40,520,386 38,130,261 40,520,386 38,130,261


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,390,125 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
40,520,386 38,130,261 40,520,386 38,130,261

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