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	0.9084	39,347,034	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	638,635,277	632,271,449
Less Total Deductions	184,866,162	0	187,998,363	184,866,162
Total Taxable Value	447,405,287	0	450,636,914	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	0.9084	39,347,034	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		638,635,277	632,271,449
Less Total Deductions	184,866,162		187,998,363	184,866,162
Total Taxable Value	447,405,287		450,636,914	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