taxes Property Tax Assistance

2021 ISD Summary Worksheet

129-Kaufman /Kaufman County

234-907/Wills Point ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 161,148,808 0.9977 161,520,305 161,148,808
B - MULTIFAMILY 150,402 N/A 150,402 150,402
C1 - VACANT LOTS 11,935,035 N/A 11,935,035 11,935,035
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,608,374 0.9996 2,609,434 2,608,374
D2 - FARM & RANCH IMP 3,510,929 N/A 3,510,929 3,510,929
E - NON-AG LAND AND IMPROVEMENTS 103,706,088 0.9915 104,595,147 103,706,088
F1 - COMMERCIAL REAL 15,171,223 N/A 15,171,223 15,171,223
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 12,173,854 N/A 12,173,854 12,173,854
L1 - COMMERCIAL PERSONAL 10,141,579 N/A 10,141,579 10,141,579
L2 - INDUSTRIAL PERSONAL 968,412 N/A 968,412 968,412
M1 - MOBILE HOMES 8,660,597 N/A 8,660,597 8,660,597
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 186,692 N/A 186,692 186,692
S - SPECIAL INVENTORY 36,924 N/A 36,924 36,924
Subtotal 330,398,917 0 331,660,533 330,398,917
Less Total Deductions 73,190,973 0 73,383,321 73,190,973
Total Taxable Value 257,207,944 0 258,277,212 257,207,944

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
264,403,479 257,207,944 264,403,479 257,207,944


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
7,195,535 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
264,403,479 257,207,944 264,403,479 257,207,944

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 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 337,534,643 0.9653 349,668,127 337,534,643
B - MULTIFAMILY 4,140,920 N/A 4,140,920 4,140,920
C1 - VACANT LOTS 10,974,540 N/A 10,974,540 10,974,540
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,034,386 1.1247 10,699,908 12,034,386
D2 - FARM & RANCH IMP 12,223,096 N/A 12,223,096 12,223,096
E - NON-AG LAND AND IMPROVEMENTS 296,482,725 0.9628 307,938,019 296,482,725
F1 - COMMERCIAL REAL 84,434,962 0.8837 95,547,088 84,434,962
F2 - INDUSTRIAL REAL 13,717,950 N/A 13,717,950 13,717,950
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 57,361,000 0.9380 61,152,452 57,361,000
L1 - COMMERCIAL PERSONAL 41,873,000 1.0307 40,625,788 41,873,000
L2 - INDUSTRIAL PERSONAL 31,246,590 N/A 31,246,590 31,246,590
M1 - MOBILE HOMES 11,601,990 N/A 11,601,990 11,601,990
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 235,630 N/A 235,630 235,630
S - SPECIAL INVENTORY 6,681,394 N/A 6,681,394 6,681,394
Subtotal 920,542,826 0 956,453,492 920,542,826
Less Total Deductions 150,753,456 0 157,546,504 150,753,456
Total Taxable Value 769,789,370 0 798,906,988 769,789,370

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
791,527,305 769,789,370 791,527,305 769,789,370


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
21,737,935 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
791,527,305 769,789,370 791,527,305 769,789,370

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 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 498,683,451 0.9755 511,188,432 498,683,451
B - MULTIFAMILY 4,291,322 N/A 4,291,322 4,291,322
C1 - VACANT LOTS 22,909,575 N/A 22,909,575 22,909,575
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 14,642,760 1.1002 13,309,342 14,642,760
D2 - FARM & RANCH IMP 15,734,025 N/A 15,734,025 15,734,025
E - NON-AG LAND AND IMPROVEMENTS 400,188,813 0.9701 412,533,166 400,188,813
F1 - COMMERCIAL REAL 99,606,185 0.8996 110,718,311 99,606,185
F2 - INDUSTRIAL REAL 13,717,950 N/A 13,717,950 13,717,950
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 69,534,854 0.9483 73,326,306 69,534,854
L1 - COMMERCIAL PERSONAL 52,014,579 1.0246 50,767,367 52,014,579
L2 - INDUSTRIAL PERSONAL 32,215,002 N/A 32,215,002 32,215,002
M1 - MOBILE HOMES 20,262,587 N/A 20,262,587 20,262,587
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 422,322 N/A 422,322 422,322
S - SPECIAL INVENTORY 6,718,318 N/A 6,718,318 6,718,318
Subtotal 1,250,941,743 1,288,114,025 1,250,941,743
Less Total Deductions 223,944,429 230,929,825 223,944,429
Total Taxable Value 1,026,997,314 1,057,184,200 1,026,997,314

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
1,055,930,784 1,026,997,314 1,055,930,784 1,026,997,314


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
28,933,470 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
1,055,930,784 1,026,997,314 1,055,930,784 1,026,997,314

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