taxes Property Tax Assistance

2022 ISD Summary Worksheet

168-Mitchell/Mitchell County

168-903/Westbrook ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	41,746,317	N/A	41,746,317	41,746,317
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	966,122	N/A	966,122	966,122
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	11,535,790	N/A	11,535,790	11,535,790
D2 - FARM & RANCH IMP	1,768,127	N/A	1,768,127	1,768,127
E - NON-AG LAND AND IMPROVEMENTS	27,049,054	N/A	27,049,054	27,049,054
F1 - COMMERCIAL REAL	3,012,474	N/A	3,012,474	3,012,474
F2 - INDUSTRIAL REAL	553,743	N/A	553,743	553,743
G - ALL MINERALS	147,839,768	N/A	147,839,768	147,839,768
J - ALL UTILITIES	143,999,240	N/A	143,999,240	143,999,240
L1 - COMMERCIAL PERSONAL	1,157,872	N/A	1,157,872	1,157,872
L2 - INDUSTRIAL PERSONAL	6,030,860	N/A	6,030,860	6,030,860
M1 - MOBILE HOMES	693,537	N/A	693,537	693,537
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	386,352,904	0	386,352,904	386,352,904
Less Total Deductions	13,975,564	0	13,975,564	13,975,564
Total Taxable Value	372,377,340	0	372,377,340	372,377,340

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
375,381,075	372,377,340	375,381,075	372,377,340	377,881,075

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
3,003,735	0	2,500,000

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
375,381,075	372,377,340	375,381,075	372,377,340	377,881,075

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

168-903-02/Westbrook ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	41,746,317	N/A	41,746,317	41,746,317
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	966,122	N/A	966,122	966,122
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	11,535,790	N/A	11,535,790	11,535,790
D2 - FARM & RANCH IMP	1,768,127	N/A	1,768,127	1,768,127
E - NON-AG LAND AND IMPROVEMENTS	27,049,054	N/A	27,049,054	27,049,054
F1 - COMMERCIAL REAL	3,012,474	N/A	3,012,474	3,012,474
F2 - INDUSTRIAL REAL	553,743	N/A	553,743	553,743
G - ALL MINERALS	147,839,768	N/A	147,839,768	147,839,768
J - ALL UTILITIES	143,999,240	N/A	143,999,240	143,999,240
L1 - COMMERCIAL PERSONAL	1,157,872	N/A	1,157,872	1,157,872
L2 - INDUSTRIAL PERSONAL	6,030,860	N/A	6,030,860	6,030,860
M1 - MOBILE HOMES	693,537	N/A	693,537	693,537
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	386,352,904		386,352,904	386,352,904
Less Total Deductions	13,975,564		13,975,564	13,975,564
Total Taxable Value	372,377,340		372,377,340	372,377,340

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
375,381,075	372,377,340	375,381,075	372,377,340	377,881,075

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
3,003,735	0	2,500,000

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
375,381,075	372,377,340	375,381,075	372,377,340	377,881,075

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