taxes Property Tax Assistance

2020 ISD Summary Worksheet

161-McLennan /McLennan County

161-914/Waco ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 3,399,216,930 0.9353 3,634,360,024 3,399,216,930
B - MULTIFAMILY 1,086,747,039 0.9745 1,115,184,237 1,086,747,039
C1 - VACANT LOTS 174,218,984 N/A 174,218,984 174,218,984
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,114,984 1.1374 980,294 1,114,984
D2 - FARM & RANCH IMP 565,450 N/A 565,450 565,450
E - NON-AG LAND AND IMPROVEMENTS 18,697,045 N/A 18,697,045 18,697,045
F1 - COMMERCIAL REAL 2,124,734,042 0.9898 2,146,629,665 2,124,734,042
F2 - INDUSTRIAL REAL 71,225,990 N/A 71,225,990 71,225,990
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 172,916,128 N/A 172,916,128 172,916,128
L1 - COMMERCIAL PERSONAL 725,604,230 1.0298 704,606,943 725,604,230
L2 - INDUSTRIAL PERSONAL 120,426,490 N/A 120,426,490 120,426,490
M1 - MOBILE HOMES 3,095,692 N/A 3,095,692 3,095,692
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 2,318,450 N/A 2,318,450 2,318,450
S - SPECIAL INVENTORY 41,041,280 N/A 41,041,280 41,041,280
Subtotal 7,941,922,734 0 8,206,266,672 7,941,922,734
Less Total Deductions 1,618,527,395 0 1,696,720,610 1,618,527,395
Total Taxable Value 6,323,395,339 0 6,509,546,062 6,323,395,339

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
6,460,678,132 6,323,395,339 6,460,678,132 6,323,395,339


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
137,282,793 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
6,460,678,132 6,323,395,339 6,460,678,132 6,323,395,339

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

161-914-02/Waco ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 3,399,216,930 0.9353 3,634,360,024 3,399,216,930
B - MULTIFAMILY 1,086,747,039 0.9745 1,115,184,237 1,086,747,039
C1 - VACANT LOTS 174,218,984 N/A 174,218,984 174,218,984
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,114,984 1.1374 980,294 1,114,984
D2 - FARM & RANCH IMP 565,450 N/A 565,450 565,450
E - NON-AG LAND AND IMPROVEMENTS 18,697,045 N/A 18,697,045 18,697,045
F1 - COMMERCIAL REAL 2,124,734,042 0.9898 2,146,629,665 2,124,734,042
F2 - INDUSTRIAL REAL 71,225,990 N/A 71,225,990 71,225,990
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 172,916,128 N/A 172,916,128 172,916,128
L1 - COMMERCIAL PERSONAL 725,604,230 1.0298 704,606,943 725,604,230
L2 - INDUSTRIAL PERSONAL 120,426,490 N/A 120,426,490 120,426,490
M1 - MOBILE HOMES 3,095,692 N/A 3,095,692 3,095,692
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 2,318,450 N/A 2,318,450 2,318,450
S - SPECIAL INVENTORY 41,041,280 N/A 41,041,280 41,041,280
Subtotal 7,941,922,734 8,206,266,672 7,941,922,734
Less Total Deductions 1,618,527,395 1,696,720,610 1,618,527,395
Total Taxable Value 6,323,395,339 6,509,546,062 6,323,395,339

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
6,460,678,132 6,323,395,339 6,460,678,132 6,323,395,339


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
137,282,793 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
6,460,678,132 6,323,395,339 6,460,678,132 6,323,395,339

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