taxes Property Tax Assistance

2024 ISD Summary Worksheet

Waco ISD (all splits)   McLennan County  

161-McLennan/McLennan County

161-914/Waco ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 5,597,522,060 1.0131 5,525,142,691 5,597,522,060
B - MULTIFAMILY 1,363,964,369 0.8733 1,561,850,875 1,363,964,369
C1 - VACANT LOTS 251,173,095 N/A 251,173,095 251,173,095
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,168,828 0.9663 1,209,611 1,168,828
D2 - FARM & RANCH IMP 421,248 N/A 421,248 421,248
E - NON-AG LAND AND IMPROVEMENTS 23,757,614 N/A 23,757,614 23,757,614
F1 - COMMERCIAL REAL 2,810,930,483 0.9378 2,997,366,691 2,810,930,483
F2 - INDUSTRIAL REAL 94,086,882 N/A 94,086,882 94,086,882
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 247,923,489 N/A 247,923,489 247,923,489
L1 - COMMERCIAL PERSONAL 766,145,292 0.9741 786,516,058 766,145,292
L2 - INDUSTRIAL PERSONAL 110,212,690 N/A 110,212,690 110,212,690
M1 - MOBILE HOMES 8,927,460 N/A 8,927,460 8,927,460
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 2,834,960 N/A 2,834,960 2,834,960
S - SPECIAL INVENTORY 56,574,640 N/A 56,574,640 56,574,640
Subtotal 11,335,643,110 0 11,667,998,004 11,335,643,110
Less Total Deductions 2,730,215,220 0 2,704,780,906 2,730,215,220
Total Taxable Value 8,605,427,890 0 8,963,217,098 8,605,427,890

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's office 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 school 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 9,409,275,454 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 8,605,427,890 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 9,409,275,454 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 8,605,427,890 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 9,630,045,454 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 9,777,225,454 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 8,921,290,475 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 9,409,275,454 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 8,605,427,890 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 9,409,275,454 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 8,605,427,890 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 9,630,045,454 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 9,777,225,454 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 8,921,290,475 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 803,847,564 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 220,770,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 147,180,000 Loss to the third most recent increase in the state-mandated homestead exemption

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


Back to top

161-914-02/Waco ISD



Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 5,597,522,060 1.0131 5,525,142,691 5,597,522,060
B - MULTIFAMILY 1,363,964,369 0.8733 1,561,850,875 1,363,964,369
C1 - VACANT LOTS 251,173,095 N/A 251,173,095 251,173,095
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,168,828 0.9663 1,209,611 1,168,828
D2 - FARM & RANCH IMP 421,248 N/A 421,248 421,248
E - NON-AG LAND AND IMPROVEMENTS 23,757,614 N/A 23,757,614 23,757,614
F1 - COMMERCIAL REAL 2,810,930,483 0.9378 2,997,366,691 2,810,930,483
F2 - INDUSTRIAL REAL 94,086,882 N/A 94,086,882 94,086,882
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 247,923,489 N/A 247,923,489 247,923,489
L1 - COMMERCIAL PERSONAL 766,145,292 0.9741 786,516,058 766,145,292
L2 - INDUSTRIAL PERSONAL 110,212,690 N/A 110,212,690 110,212,690
M1 - MOBILE HOMES 8,927,460 N/A 8,927,460 8,927,460
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 2,834,960 N/A 2,834,960 2,834,960
S - SPECIAL INVENTORY 56,574,640 N/A 56,574,640 56,574,640
Subtotal 11,335,643,110 11,667,998,004 11,335,643,110
Less Total Deductions 2,730,215,220 2,704,780,906 2,730,215,220
Total Taxable Value 8,605,427,890 8,963,217,098 8,605,427,890

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's office 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 school 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 9,409,275,454 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 8,605,427,890 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 9,409,275,454 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 8,605,427,890 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 9,630,045,454 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 9,777,225,454 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 8,921,290,475 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 9,409,275,454 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 8,605,427,890 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 9,409,275,454 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 8,605,427,890 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 9,630,045,454 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 9,777,225,454 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 8,921,290,475 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 803,847,564 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 220,770,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 147,180,000 Loss to the third most recent increase in the state-mandated homestead exemption

Back to top