taxes Property Tax Assistance

2022 ISD Summary Worksheet

161-McLennan/McLennan County

161-914/Waco ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	4,920,856,796	0.9710	5,067,823,683	4,920,856,796
B - MULTIFAMILY	1,387,988,347	1.0329	1,343,778,049	1,387,988,347
C1 - VACANT LOTS	263,228,322	N/A	263,228,322	263,228,322
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	1,120,790	1.0223	1,096,390	1,120,790
D2 - FARM & RANCH IMP	426,659	N/A	426,659	426,659
E - NON-AG LAND AND IMPROVEMENTS	19,648,267	N/A	19,648,267	19,648,267
F1 - COMMERCIAL REAL	2,471,251,948	0.9237	2,675,383,726	2,471,251,948
F2 - INDUSTRIAL REAL	79,920,095	N/A	79,920,095	79,920,095
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	208,069,883	N/A	208,069,883	208,069,883
L1 - COMMERCIAL PERSONAL	683,837,940	0.9898	690,884,967	683,837,940
L2 - INDUSTRIAL PERSONAL	147,928,580	N/A	147,928,580	147,928,580
M1 - MOBILE HOMES	5,139,290	N/A	5,139,290	5,139,290
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	1,804,260	N/A	1,804,260	1,804,260
S - SPECIAL INVENTORY	52,575,690	N/A	52,575,690	52,575,690
Subtotal	10,243,796,867	0	10,557,707,861	10,243,796,867
Less Total Deductions	2,444,588,108	0	2,496,827,663	2,444,588,108
Total Taxable Value	7,799,208,759	0	8,060,880,198	7,799,208,759

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	T13
8,001,752,897	7,799,208,759	8,001,752,897	7,799,208,759	8,140,942,897

Loss to the Increase in the State-Mandated Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
202,544,138	0	139,190,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
8,001,752,897	7,799,208,759	8,001,752,897	7,799,208,759	8,140,942,897

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

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

161-914-02/Waco ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	4,920,856,796	0.9710	5,067,823,683	4,920,856,796
B - MULTIFAMILY	1,387,988,347	1.0329	1,343,778,049	1,387,988,347
C1 - VACANT LOTS	263,228,322	N/A	263,228,322	263,228,322
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	1,120,790	1.0223	1,096,390	1,120,790
D2 - FARM & RANCH IMP	426,659	N/A	426,659	426,659
E - NON-AG LAND AND IMPROVEMENTS	19,648,267	N/A	19,648,267	19,648,267
F1 - COMMERCIAL REAL	2,471,251,948	0.9237	2,675,383,726	2,471,251,948
F2 - INDUSTRIAL REAL	79,920,095	N/A	79,920,095	79,920,095
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	208,069,883	N/A	208,069,883	208,069,883
L1 - COMMERCIAL PERSONAL	683,837,940	0.9898	690,884,967	683,837,940
L2 - INDUSTRIAL PERSONAL	147,928,580	N/A	147,928,580	147,928,580
M1 - MOBILE HOMES	5,139,290	N/A	5,139,290	5,139,290
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	1,804,260	N/A	1,804,260	1,804,260
S - SPECIAL INVENTORY	52,575,690	N/A	52,575,690	52,575,690
Subtotal	10,243,796,867		10,557,707,861	10,243,796,867
Less Total Deductions	2,444,588,108		2,496,827,663	2,444,588,108
Total Taxable Value	7,799,208,759		8,060,880,198	7,799,208,759

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	T13
8,001,752,897	7,799,208,759	8,001,752,897	7,799,208,759	8,140,942,897

Loss to the Increase in the State-Mandated Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
202,544,138	0	139,190,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
8,001,752,897	7,799,208,759	8,001,752,897	7,799,208,759	8,140,942,897

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement