taxes Property Tax Assistance

2022 ISD Summary Worksheet

246-Williamson/Williamson County

246-912/Thrall ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 212,830,361 0.9840 216,291,017 212,830,361
B - MULTIFAMILY 2,519,920 N/A 2,519,920 2,519,920
C1 - VACANT LOTS 7,507,721 N/A 7,507,721 7,507,721
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 18,231,291 0.9912 18,393,087 18,231,291
D2 - FARM & RANCH IMP 5,000 N/A 5,000 5,000
E - NON-AG LAND AND IMPROVEMENTS 320,422,986 1.0027 319,560,174 320,422,986
F1 - COMMERCIAL REAL 20,041,847 N/A 20,041,847 20,041,847
F2 - INDUSTRIAL REAL 3,923,734 N/A 3,923,734 3,923,734
G - ALL MINERALS 185,694 N/A 185,694 185,694
J - ALL UTILITIES 35,742,846 0.9466 37,759,187 35,742,846
L1 - COMMERCIAL PERSONAL 5,586,980 N/A 5,586,980 5,586,980
L2 - INDUSTRIAL PERSONAL 776,506 N/A 776,506 776,506
M1 - MOBILE HOMES 1,932,307 N/A 1,932,307 1,932,307
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 2,303,918 N/A 2,303,918 2,303,918
S - SPECIAL INVENTORY 260,338 N/A 260,338 260,338
Subtotal 632,271,449 0 637,047,430 632,271,449
Less Total Deductions 184,866,162 0 187,998,363 184,866,162
Total Taxable Value 447,405,287 0 449,049,067 447,405,287

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
461,561,836 447,405,287 461,561,836 447,405,287 471,921,836


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
14,156,549 0 10,360,000


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
461,561,836 447,405,287 461,561,836 447,405,287 471,921,836

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

246-912-02/Thrall ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 212,830,361 0.9840 216,291,017 212,830,361
B - MULTIFAMILY 2,519,920 N/A 2,519,920 2,519,920
C1 - VACANT LOTS 7,507,721 N/A 7,507,721 7,507,721
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 18,231,291 0.9912 18,393,087 18,231,291
D2 - FARM & RANCH IMP 5,000 N/A 5,000 5,000
E - NON-AG LAND AND IMPROVEMENTS 320,422,986 1.0027 319,560,174 320,422,986
F1 - COMMERCIAL REAL 20,041,847 N/A 20,041,847 20,041,847
F2 - INDUSTRIAL REAL 3,923,734 N/A 3,923,734 3,923,734
G - ALL MINERALS 185,694 N/A 185,694 185,694
J - ALL UTILITIES 35,742,846 0.9466 37,759,187 35,742,846
L1 - COMMERCIAL PERSONAL 5,586,980 N/A 5,586,980 5,586,980
L2 - INDUSTRIAL PERSONAL 776,506 N/A 776,506 776,506
M1 - MOBILE HOMES 1,932,307 N/A 1,932,307 1,932,307
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 2,303,918 N/A 2,303,918 2,303,918
S - SPECIAL INVENTORY 260,338 N/A 260,338 260,338
Subtotal 632,271,449 637,047,430 632,271,449
Less Total Deductions 184,866,162 187,998,363 184,866,162
Total Taxable Value 447,405,287 449,049,067 447,405,287

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
461,561,836 447,405,287 461,561,836 447,405,287 471,921,836


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
14,156,549 0 10,360,000


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
461,561,836 447,405,287 461,561,836 447,405,287 471,921,836

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