taxes Property Tax Assistance

2022 ISD Summary Worksheet

Westphalia ISD (all splits)   Falls County  

073-Falls/Falls County

073-904/Westphalia ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 4,562,290 1.0018 4,554,093 4,562,290
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 76,540 N/A 76,540 76,540
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,338,095 0.8198 2,852,131 2,338,095
D2 - FARM & RANCH IMP 1,985,300 1.1078 1,792,110 1,985,300
E - NON-AG LAND AND IMPROVEMENTS 18,007,850 1.0335 17,424,141 18,007,850
F1 - COMMERCIAL REAL 562,390 N/A 562,390 562,390
F2 - INDUSTRIAL REAL 257,870 N/A 257,870 257,870
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 3,758,830 0.9997 3,759,958 3,758,830
L1 - COMMERCIAL PERSONAL 272,270 N/A 272,270 272,270
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 238,440 N/A 238,440 238,440
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 32,059,875 0 31,789,943 32,059,875
Less Total Deductions 9,011,506 0 8,996,324 9,011,506
Total Taxable Value 23,048,369 0 22,793,619 23,048,369

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's office 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 school 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

Measure Value Description
T1 24,641,399 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 23,048,369 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 24,641,399 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 23,048,369 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 25,901,399 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 24,641,399 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 23,048,369 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 24,641,399 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 23,048,369 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 25,901,399 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 1,593,030 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 1,260,000 Loss to the second most recent increase in the state-mandated homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED.


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073-904-02/Westphalia ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 4,562,290 1.0018 4,554,093 4,562,290
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 76,540 N/A 76,540 76,540
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,338,095 0.8198 2,852,131 2,338,095
D2 - FARM & RANCH IMP 1,985,300 1.1078 1,792,110 1,985,300
E - NON-AG LAND AND IMPROVEMENTS 18,007,850 1.0335 17,424,141 18,007,850
F1 - COMMERCIAL REAL 562,390 N/A 562,390 562,390
F2 - INDUSTRIAL REAL 257,870 N/A 257,870 257,870
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 3,758,830 0.9997 3,759,958 3,758,830
L1 - COMMERCIAL PERSONAL 272,270 N/A 272,270 272,270
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 238,440 N/A 238,440 238,440
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 32,059,875 31,789,943 32,059,875
Less Total Deductions 9,011,506 8,996,324 9,011,506
Total Taxable Value 23,048,369 22,793,619 23,048,369

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's office 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 school 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

Measure Value Description
T1 24,641,399 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 23,048,369 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 24,641,399 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 23,048,369 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 25,901,399 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 24,641,399 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 23,048,369 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 24,641,399 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 23,048,369 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 25,901,399 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 1,593,030 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 1,260,000 Loss to the second most recent increase in the state-mandated homestead exemption

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