taxes Property Tax Assistance

2018 ISD Summary Worksheet

129-Kaufman

234-907/Wills Point ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 81,390,205 0.8524 95,483,582 81,390,205
B. MULTIFAMILY RESIDENCES 97,400 N/A 97,400 97,400
C1. VACANT LOTS 7,824,260 0.8540 9,161,897 7,824,260
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 2,972,950 1.0393 2,860,655 2,972,950
D2. REAL PROP:FARM & RANCH 2,670,553 N/A 2,670,553 2,670,553
E. REAL PROP NONQUAL ACREAGE 50,386,856 0.8790 57,322,931 50,386,856
F1. COMMERCIAL REAL 3,944,010 N/A 3,944,010 3,944,010
F2. INDUSTRIAL REAL 0 N/A 0 0
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 9,167,008 0.9513 9,636,296 9,167,008
L1. COMMERCIAL PERSONAL 8,201,980 N/A 8,201,980 8,201,980
L2. INDUSTRIAL PERSONAL 31,120 N/A 31,120 31,120
M. MOBILE HOMES 4,396,760 N/A 4,396,760 4,396,760
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 220 N/A 220 220
Subtotal 171,083,322 0 193,807,404 171,083,322
Less Total Deductions 31,585,992 0 37,728,957 31,585,992
Total Taxable Value 139,497,330 0 156,078,447 139,497,330

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
146,046,085 139,497,330 146,046,085 139,497,330


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,548,755 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
146,046,085 139,497,330 146,046,085 139,497,330

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR TWO OF THE GRACE PERIOD

234-Van Zandt

234-907/Wills Point ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 225,728,829 N/A 225,728,829 225,728,829
B. MULTIFAMILY RESIDENCES 2,614,860 N/A 2,614,860 2,614,860
C1. VACANT LOTS 7,646,520 N/A 7,646,520 7,646,520
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 9,457,860 N/A 9,457,980 9,457,860
D2. REAL PROP:FARM & RANCH 6,565,130 N/A 6,565,130 6,565,130
E. REAL PROP NONQUAL ACREAGE 189,480,505 N/A 189,480,505 189,480,505
F1. COMMERCIAL REAL 52,135,731 N/A 52,135,731 52,135,731
F2. INDUSTRIAL REAL 4,167,609 N/A 4,167,609 4,167,609
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 40,845,084 N/A 40,845,084 40,845,084
L1. COMMERCIAL PERSONAL 37,163,744 N/A 37,163,744 37,163,744
L2. INDUSTRIAL PERSONAL 15,266,141 N/A 15,266,141 15,266,141
M. MOBILE HOMES 6,077,920 N/A 6,077,920 6,077,920
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 1,073,510 N/A 1,073,510 1,073,510
S. SPECIAL INVENTORY 5,414,467 N/A 5,414,467 5,414,467
Subtotal 603,637,910 0 603,638,030 603,637,910
Less Total Deductions 103,792,823 0 103,792,823 103,792,823
Total Taxable Value 499,845,087 0 499,845,207 499,845,087

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
520,322,657 499,845,087 520,322,657 499,845,087


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
20,477,570 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
520,322,657 499,845,087 520,322,657 499,845,087

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

234-907-02/Wills Point ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 307,119,034 0.9561 321,212,411 307,119,034
B. MULTIFAMILY RESIDENCES 2,712,260 N/A 2,712,260 2,712,260
C1. VACANT LOTS 15,470,780 0.9204 16,808,417 15,470,780
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 12,430,810 1.0091 12,318,635 12,430,810
D2. REAL PROP:FARM & RANCH 9,235,683 N/A 9,235,683 9,235,683
E. REAL PROP NONQUAL ACREAGE 239,867,361 0.9719 246,803,436 239,867,361
F1. COMMERCIAL REAL 56,079,741 N/A 56,079,741 56,079,741
F2. INDUSTRIAL REAL 4,167,609 N/A 4,167,609 4,167,609
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 50,012,092 0.9907 50,481,380 50,012,092
L1. COMMERCIAL PERSONAL 45,365,724 N/A 45,365,724 45,365,724
L2. INDUSTRIAL PERSONAL 15,297,261 N/A 15,297,261 15,297,261
M. MOBILE HOMES 10,474,680 N/A 10,474,680 10,474,680
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 1,073,510 N/A 1,073,510 1,073,510
S. SPECIAL INVENTORY 5,414,687 N/A 5,414,687 5,414,687
Subtotal 774,721,232 797,445,434 774,721,232
Less Total Deductions 135,378,815 141,521,780 135,378,815
Total Taxable Value 639,342,417 655,923,654 639,342,417

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
666,368,742 639,342,417 666,368,742 639,342,417


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
27,026,325 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
666,368,742 639,342,417 666,368,742 639,342,417

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