taxes Property Tax Assistance

2019 ISD Summary Worksheet

129-Kaufman

234-907/Wills Point ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	103,929,879	0.9422	110,305,539	110,305,539
B. MULTIFAMILY RESIDENCES	147,120	N/A	147,120	147,120
C1. VACANT LOTS	10,082,280	N/A	10,082,280	10,082,280
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	2,832,340	0.9872	2,869,034	2,869,034
D2. REAL PROP:FARM & RANCH	2,669,775	N/A	2,669,775	2,669,775
E. REAL PROP NONQUAL ACREAGE	67,489,092	0.9133	73,895,863	73,895,863
F1. COMMERCIAL REAL	27,746,742	N/A	27,746,742	27,746,742
F2. INDUSTRIAL REAL	0	N/A	0	0
G. OIL,GAS,MINERALS	0	N/A	0	0
J. UTILITIES	10,277,070	0.9765	10,524,393	10,524,393
L1. COMMERCIAL PERSONAL	12,000,653	N/A	12,000,653	12,000,653
L2. INDUSTRIAL PERSONAL	14,550	N/A	14,550	14,550
M. MOBILE HOMES	6,612,880	N/A	6,612,880	6,612,880
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	19,500	N/A	19,500	19,500
S. SPECIAL INVENTORY	30	N/A	30	30
Subtotal	243,821,911	0	256,888,359	256,888,359
Less Total Deductions	45,161,565	0	48,377,337	48,377,337
Total Taxable Value	198,660,346	0	208,511,022	208,511,022

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
215,349,073	208,511,022	215,349,073	208,511,022

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
6,838,051	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
215,349,073	208,511,022	215,349,073	208,511,022

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 TAXABLE VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR LOCAL VALUE DID NOT EXCEED THE STATE VALUE AND: 1) WAS INVALID IN ONE OR MORE OF THE PREVIOUS TWO YEARS OR 2) IS LESS THAN 90% OF THE LOWER END OF THE MARGIN OF ERROR RANGE OR 3) THE APPRAISAL DISTRICT THAT APPRAISES PROPERTY FOR THE SCHOOL DISTRICT WAS NOT IN COMPLIANCE WITH THE SCORING REQUIREMENT OF THE COMPTROLLER'S MOST RECENT REVIEW OF THE APPRAISAL DISTRICT CONDUCTED UNDER SECTION 5.102, TAX CODE (MAP REVIEW)

234-Van Zandt

234-907/Wills Point ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	257,812,406	0.9084	283,809,342	257,812,406
B. MULTIFAMILY RESIDENCES	2,721,624	N/A	2,721,624	2,721,624
C1. VACANT LOTS	9,062,534	N/A	9,062,534	9,062,534
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	10,308,310	1.0025	10,282,254	10,308,310
D2. REAL PROP:FARM & RANCH	8,536,730	N/A	8,536,730	8,536,730
E. REAL PROP NONQUAL ACREAGE	223,727,249	0.9553	234,195,801	223,727,249
F1. COMMERCIAL REAL	55,698,448	0.8869	62,801,272	55,698,448
F2. INDUSTRIAL REAL	4,141,474	N/A	4,141,474	4,141,474
G. OIL,GAS,MINERALS	0	N/A	0	0
J. UTILITIES	41,765,580	0.9542	43,770,258	41,765,580
L1. COMMERCIAL PERSONAL	33,935,644	1.0367	32,734,295	33,935,644
L2. INDUSTRIAL PERSONAL	16,480,880	N/A	16,480,880	16,480,880
M. MOBILE HOMES	7,811,450	N/A	7,811,450	7,811,450
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	808,910	N/A	808,910	808,910
S. SPECIAL INVENTORY	5,822,392	N/A	5,822,392	5,822,392
Subtotal	678,633,631	0	722,979,216	678,633,631
Less Total Deductions	122,154,152	0	137,218,788	122,154,152
Total Taxable Value	556,479,479	0	585,760,428	556,479,479

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
577,732,541	556,479,479	577,732,541	556,479,479

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
21,253,062	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
577,732,541	556,479,479	577,732,541	556,479,479

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 ONE OF THE GRACE PERIOD

234-907-02/Wills Point ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	361,742,285	0.9179	394,114,881	368,117,945
B. MULTIFAMILY RESIDENCES	2,868,744	N/A	2,868,744	2,868,744
C1. VACANT LOTS	19,144,814	N/A	19,144,814	19,144,814
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	13,140,650	0.9992	13,151,288	13,177,344
D2. REAL PROP:FARM & RANCH	11,206,505	N/A	11,206,505	11,206,505
E. REAL PROP NONQUAL ACREAGE	291,216,341	0.9452	308,091,664	297,623,112
F1. COMMERCIAL REAL	83,445,190	0.9216	90,548,014	83,445,190
F2. INDUSTRIAL REAL	4,141,474	N/A	4,141,474	4,141,474
G. OIL,GAS,MINERALS	0	N/A	0	0
J. UTILITIES	52,042,650	0.9585	54,294,651	52,289,973
L1. COMMERCIAL PERSONAL	45,936,297	1.0269	44,734,948	45,936,297
L2. INDUSTRIAL PERSONAL	16,495,430	N/A	16,495,430	16,495,430
M. MOBILE HOMES	14,424,330	N/A	14,424,330	14,424,330
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	828,410	N/A	828,410	828,410
S. SPECIAL INVENTORY	5,822,422	N/A	5,822,422	5,822,422
Subtotal	922,455,542		979,867,575	935,521,990
Less Total Deductions	167,315,717		185,596,125	170,531,489
Total Taxable Value	755,139,825		794,271,450	764,990,501

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
793,081,614	764,990,501	793,081,614	764,990,501

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
28,091,113	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
793,081,614	764,990,501	793,081,614	764,990,501

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