taxes Property Tax Assistance

2023 ISD Summary Worksheet

Wills Point ISD (all splits)   Kaufman County   Van Zandt County  

129-Kaufman/Kaufman County

234-907/Wills Point ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 274,996,932 1.0313 266,650,763 274,996,932
B - MULTIFAMILY 203,202 N/A 203,202 203,202
C1 - VACANT LOTS 15,838,627 N/A 15,838,627 15,838,627
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,674,922 1.0895 2,455,111 2,674,922
D2 - FARM & RANCH IMP 6,344,928 N/A 6,344,928 6,344,928
E - NON-AG LAND AND IMPROVEMENTS 181,607,826 1.0652 170,491,763 181,607,826
F1 - COMMERCIAL REAL 25,811,070 N/A 25,811,070 25,811,070
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 14,374,958 N/A 14,374,958 14,374,958
L1 - COMMERCIAL PERSONAL 16,149,576 N/A 16,149,576 16,149,576
L2 - INDUSTRIAL PERSONAL 1,145,793 N/A 1,145,793 1,145,793
M1 - MOBILE HOMES 11,046,710 N/A 11,046,710 11,046,710
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 2,467,095 N/A 2,467,095 2,467,095
S - SPECIAL INVENTORY 26,683 N/A 26,683 26,683
Subtotal 552,688,322 0 533,006,279 552,688,322
Less Total Deductions 203,550,385 0 198,555,200 203,550,385
Total Taxable Value 349,137,937 0 334,451,079 349,137,937

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

Measure Value Description
T1 392,562,657 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 349,137,937 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 392,562,657 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 349,137,937 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 407,427,657 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 417,337,657 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 365,555,079 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 392,562,657 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 349,137,937 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 392,562,657 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 349,137,937 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 407,427,657 T13 plus the loss to the chapter 313 agreement
T16 417,337,657 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 365,555,079 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 43,424,720 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 14,865,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 9,910,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED


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234-Van Zandt/Van Zandt County

234-907/Wills Point ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 552,957,003 0.9952 555,623,998 552,957,003
B - MULTIFAMILY 6,239,623 N/A 6,239,623 6,239,623
C1 - VACANT LOTS 33,695,677 N/A 33,695,677 33,695,677
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 14,124,950 1.2040 11,731,953 14,124,950
D2 - FARM & RANCH IMP 14,812,665 N/A 14,812,665 14,812,665
E - NON-AG LAND AND IMPROVEMENTS 487,697,135 1.0214 477,479,083 487,697,135
F1 - COMMERCIAL REAL 105,501,920 0.7985 132,125,135 105,501,920
F2 - INDUSTRIAL REAL 22,422,213 N/A 22,422,213 22,422,213
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 57,947,210 N/A 57,947,210 57,947,210
L1 - COMMERCIAL PERSONAL 39,558,688 N/A 39,558,688 39,558,688
L2 - INDUSTRIAL PERSONAL 38,619,220 N/A 38,619,220 38,619,220
M1 - MOBILE HOMES 19,107,810 N/A 19,107,810 19,107,810
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 3,727,938 N/A 3,727,938 3,727,938
S - SPECIAL INVENTORY 6,716,229 N/A 6,716,229 6,716,229
Subtotal 1,403,128,281 0 1,419,807,442 1,403,128,281
Less Total Deductions 461,897,966 0 463,535,781 461,897,966
Total Taxable Value 941,230,315 0 956,271,661 941,230,315

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

Measure Value Description
T1 1,070,140,813 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 941,230,315 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 1,070,140,813 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 941,230,315 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,115,830,813 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 1,146,290,813 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 1,006,848,761 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 1,070,140,813 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 941,230,315 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 1,070,140,813 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 941,230,315 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,115,830,813 T13 plus the loss to the chapter 313 agreement
T16 1,146,290,813 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 1,006,848,761 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 128,910,498 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 45,690,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 30,460,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED


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234-907-02/Wills Point ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 827,953,935 1.0069 822,274,761 827,953,935
B - MULTIFAMILY 6,442,825 N/A 6,442,825 6,442,825
C1 - VACANT LOTS 49,534,304 N/A 49,534,304 49,534,304
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 16,799,872 1.1842 14,187,064 16,799,872
D2 - FARM & RANCH IMP 21,157,593 N/A 21,157,593 21,157,593
E - NON-AG LAND AND IMPROVEMENTS 669,304,961 1.0329 647,970,846 669,304,961
F1 - COMMERCIAL REAL 131,312,990 0.8314 157,936,205 131,312,990
F2 - INDUSTRIAL REAL 22,422,213 N/A 22,422,213 22,422,213
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 72,322,168 N/A 72,322,168 72,322,168
L1 - COMMERCIAL PERSONAL 55,708,264 N/A 55,708,264 55,708,264
L2 - INDUSTRIAL PERSONAL 39,765,013 N/A 39,765,013 39,765,013
M1 - MOBILE HOMES 30,154,520 N/A 30,154,520 30,154,520
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 6,195,033 N/A 6,195,033 6,195,033
S - SPECIAL INVENTORY 6,742,912 N/A 6,742,912 6,742,912
Subtotal 1,955,816,603 1,952,813,721 1,955,816,603
Less Total Deductions 665,448,351 662,090,981 665,448,351
Total Taxable Value 1,290,368,252 1,290,722,740 1,290,368,252

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

Measure Value Description
T1 1,462,703,470 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,290,368,252 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 1,462,703,470 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,290,368,252 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,523,258,470 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 1,563,628,470 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 1,372,403,840 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 1,462,703,470 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,290,368,252 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 1,462,703,470 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,290,368,252 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,523,258,470 T13 plus the loss to the chapter 313 agreement
T16 1,563,628,470 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 1,372,403,840 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 172,335,218 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 60,555,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 40,370,000 Loss to Second Previous Homestead Increase

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