taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

233/Val Verde

233-903/Comstock CISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 21,561,010 .8103 26,608,676 21,561,010
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 4,339,290 N/A 4,339,290 4,339,290
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 14,515,163 1.2778 11,359,328 14,515,163
D2. Real Prop Farm & Ranch 814,600 N/A 814,600 814,600
E. Real Prop NonQual Acres 41,665,662 .8911 46,757,560 41,665,662
F1. Commercial Real 1,376,480 N/A 1,376,480 1,376,480
F2. Industrial Real 660,660 N/A 660,660 660,660
G. Oil, Gas, Minerals 31,838,876 1.0420 30,555,543 31,838,876
J. Utilities 97,491,540 .9893 98,545,982 97,491,540
L1. Commercial Personal 345,630 N/A 345,630 345,630
L2. Industrial Personal 3,346,150 N/A 3,346,150 3,346,150
M. Other Personal 2,468,440 N/A 2,468,440 2,468,440
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 99,000 N/A 99,000 99,000
S. Special Inventory 0 N/A 0 0
Subtotal 220,522,501 227,277,339 220,522,501
Less Total Deductions 6,929,177   8,566,562 6,929,177
Total Taxable Value 213,593,324 218,710,777 213,593,324 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
214,884,274 213,593,324 214,529,605 213,238,655


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,290,950 354,669


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
214,884,274 213,593,324 214,529,605 213,238,655

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