taxes Property Tax Assistance

2020 ISD Summary Worksheet

129-Kaufman /Kaufman County

234-907/Wills Point ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 132,676,875 0.9926 133,666,003 132,676,875
B - MULTIFAMILY 156,080 N/A 156,080 156,080
C1 - VACANT LOTS 11,815,546 N/A 11,815,546 11,815,546
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,838,410 1.0014 2,834,467 2,838,410
D2 - FARM & RANCH IMP 2,777,445 N/A 2,777,445 2,777,445
E - NON-AG LAND AND IMPROVEMENTS 80,457,984 0.9859 81,608,666 80,457,984
F1 - COMMERCIAL REAL 12,602,554 N/A 12,602,554 12,602,554
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 11,703,010 N/A 11,703,010 11,703,010
L1 - COMMERCIAL PERSONAL 10,382,820 N/A 10,382,820 10,382,820
L2 - INDUSTRIAL PERSONAL 1,367,600 N/A 1,367,600 1,367,600
M1 - MOBILE HOMES 12,444,035 N/A 12,444,035 12,444,035
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 147,500 N/A 147,500 147,500
S - SPECIAL INVENTORY 38,720 N/A 38,720 38,720
Subtotal 279,408,579 0 281,544,446 279,408,579
Less Total Deductions 60,256,192 0 60,783,929 60,256,192
Total Taxable Value 219,152,387 0 220,760,517 219,152,387

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
226,098,766 219,152,387 226,098,766 219,152,387


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,946,379 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
226,098,766 219,152,387 226,098,766 219,152,387

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-Van Zandt /Van Zandt County

234-907/Wills Point ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 298,229,151 0.9819 303,726,603 298,229,151
B - MULTIFAMILY 3,302,034 N/A 3,302,034 3,302,034
C1 - VACANT LOTS 10,225,260 N/A 10,225,260 10,225,260
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 10,533,808 0.9454 11,142,367 10,533,808
D2 - FARM & RANCH IMP 9,566,780 N/A 9,566,780 9,566,780
E - NON-AG LAND AND IMPROVEMENTS 257,041,935 0.9663 266,006,349 257,041,935
F1 - COMMERCIAL REAL 69,634,111 0.7677 90,704,847 69,634,111
F2 - INDUSTRIAL REAL 5,173,315 N/A 5,173,315 5,173,315
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 44,376,245 0.9713 45,687,476 44,376,245
L1 - COMMERCIAL PERSONAL 44,381,470 1.0284 43,155,844 44,381,470
L2 - INDUSTRIAL PERSONAL 17,640,277 N/A 17,640,277 17,640,277
M1 - MOBILE HOMES 9,913,850 N/A 9,913,850 9,913,850
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 336,340 N/A 336,340 336,340
S - SPECIAL INVENTORY 5,696,371 N/A 5,696,371 5,696,371
Subtotal 786,050,947 0 822,277,713 786,050,947
Less Total Deductions 135,671,661 0 138,652,961 135,671,661
Total Taxable Value 650,379,286 0 683,624,752 650,379,286

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
671,819,172 650,379,286 671,819,172 650,379,286


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
21,439,886 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
671,819,172 650,379,286 671,819,172 650,379,286

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 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 430,906,026 0.9852 437,392,606 430,906,026
B - MULTIFAMILY 3,458,114 N/A 3,458,114 3,458,114
C1 - VACANT LOTS 22,040,806 N/A 22,040,806 22,040,806
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 13,372,218 0.9567 13,976,834 13,372,218
D2 - FARM & RANCH IMP 12,344,225 N/A 12,344,225 12,344,225
E - NON-AG LAND AND IMPROVEMENTS 337,499,919 0.9709 347,615,015 337,499,919
F1 - COMMERCIAL REAL 82,236,665 0.7960 103,307,401 82,236,665
F2 - INDUSTRIAL REAL 5,173,315 N/A 5,173,315 5,173,315
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 56,079,255 0.9772 57,390,486 56,079,255
L1 - COMMERCIAL PERSONAL 54,764,290 1.0229 53,538,664 54,764,290
L2 - INDUSTRIAL PERSONAL 19,007,877 N/A 19,007,877 19,007,877
M1 - MOBILE HOMES 22,357,885 N/A 22,357,885 22,357,885
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 483,840 N/A 483,840 483,840
S - SPECIAL INVENTORY 5,735,091 N/A 5,735,091 5,735,091
Subtotal 1,065,459,526 1,103,822,159 1,065,459,526
Less Total Deductions 195,927,853 199,436,890 195,927,853
Total Taxable Value 869,531,673 904,385,269 869,531,673

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
897,917,938 869,531,673 897,917,938 869,531,673


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
28,386,265 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
897,917,938 869,531,673 897,917,938 869,531,673

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