taxes Property Tax Assistance

2023 ISD Summary Worksheet

014-Bell/Bell County

014-906/Killeen ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 13,674,527,126 1.0185 13,426,143,472 13,674,527,126
B - MULTIFAMILY 2,075,889,904 1.0419 1,992,408,008 2,075,889,904
C1 - VACANT LOTS 274,183,913 0.7510 365,091,762 274,183,913
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,354,140 0.8156 2,886,430 2,354,140
D2 - FARM & RANCH IMP 3,851,157 N/A 3,851,157 3,851,157
E - NON-AG LAND AND IMPROVEMENTS 366,618,277 0.9802 374,023,951 366,618,277
F1 - COMMERCIAL REAL 2,016,372,869 0.9204 2,190,757,137 2,016,372,869
F2 - INDUSTRIAL REAL 39,944,316 N/A 39,944,316 39,944,316
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 253,725,106 0.9643 263,118,434 253,725,106
L1 - COMMERCIAL PERSONAL 511,585,277 1.0354 494,094,337 511,585,277
L2 - INDUSTRIAL PERSONAL 135,635,591 N/A 135,635,591 135,635,591
M1 - MOBILE HOMES 33,035,068 N/A 33,035,068 33,035,068
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 126,504,647 N/A 126,504,647 126,504,647
S - SPECIAL INVENTORY 76,160,809 N/A 76,160,809 76,160,809
Subtotal 19,590,388,200 0 19,523,655,119 19,590,388,200
Less Total Deductions 7,072,745,062 0 7,011,031,301 7,072,745,062
Total Taxable Value 12,517,643,138 0 12,512,623,818 12,517,643,138

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

Measure Value Description
T1 14,332,540,433 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 12,517,643,138 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 14,332,540,433 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 12,517,643,138 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 14,825,725,433 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 15,154,515,433 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 12,763,961,571 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 14,332,540,433 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 12,517,643,138 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 14,332,540,433 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 12,517,643,138 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 14,825,725,433 T13 plus the loss to the chapter 313 agreement
T16 15,154,515,433 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 12,763,961,571 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 1,814,897,295 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 493,185,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 328,790,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED

014-906-02/Killeen ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 13,674,527,126 1.0185 13,426,143,472 13,674,527,126
B - MULTIFAMILY 2,075,889,904 1.0419 1,992,408,008 2,075,889,904
C1 - VACANT LOTS 274,183,913 0.7510 365,091,762 274,183,913
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,354,140 0.8156 2,886,430 2,354,140
D2 - FARM & RANCH IMP 3,851,157 N/A 3,851,157 3,851,157
E - NON-AG LAND AND IMPROVEMENTS 366,618,277 0.9802 374,023,951 366,618,277
F1 - COMMERCIAL REAL 2,016,372,869 0.9204 2,190,757,137 2,016,372,869
F2 - INDUSTRIAL REAL 39,944,316 N/A 39,944,316 39,944,316
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 253,725,106 0.9643 263,118,434 253,725,106
L1 - COMMERCIAL PERSONAL 511,585,277 1.0354 494,094,337 511,585,277
L2 - INDUSTRIAL PERSONAL 135,635,591 N/A 135,635,591 135,635,591
M1 - MOBILE HOMES 33,035,068 N/A 33,035,068 33,035,068
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 126,504,647 N/A 126,504,647 126,504,647
S - SPECIAL INVENTORY 76,160,809 N/A 76,160,809 76,160,809
Subtotal 19,590,388,200 19,523,655,119 19,590,388,200
Less Total Deductions 7,072,745,062 7,011,031,301 7,072,745,062
Total Taxable Value 12,517,643,138 12,512,623,818 12,517,643,138

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

Measure Value Description
T1 14,332,540,433 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 12,517,643,138 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 14,332,540,433 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 12,517,643,138 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 14,825,725,433 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 15,154,515,433 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 12,763,961,571 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 14,332,540,433 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 12,517,643,138 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 14,332,540,433 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 12,517,643,138 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 14,825,725,433 T13 plus the loss to the chapter 313 agreement
T16 15,154,515,433 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 12,763,961,571 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 1,814,897,295 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 493,185,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 328,790,000 Loss to Second Previous Homestead Increase