taxes Property Tax Assistance

2024 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 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 296,926,533 N/A 296,926,533 296,926,533
B - MULTIFAMILY 210,376 N/A 210,376 210,376
C1 - VACANT LOTS 17,555,352 N/A 17,555,352 17,555,352
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,500,361 N/A 2,500,361 2,500,361
D2 - FARM & RANCH IMP 5,787,820 N/A 5,787,820 5,787,820
E - NON-AG LAND AND IMPROVEMENTS 209,104,568 N/A 209,104,568 209,104,568
F1 - COMMERCIAL REAL 26,965,594 N/A 26,965,594 26,965,594
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 14,777,764 N/A 14,777,764 14,777,764
L1 - COMMERCIAL PERSONAL 23,121,694 N/A 23,121,694 23,121,694
L2 - INDUSTRIAL PERSONAL 1,301,881 N/A 1,301,881 1,301,881
M1 - MOBILE HOMES 15,777,344 N/A 15,777,344 15,777,344
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 3,805,994 N/A 3,805,994 3,805,994
S - SPECIAL INVENTORY 35,699 N/A 35,699 35,699
Subtotal 617,870,980 0 617,870,980 617,870,980
Less Total Deductions 208,053,745 0 208,053,745 208,053,745
Total Taxable Value 409,817,235 0 409,817,235 409,817,235

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 454,970,037 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 409,817,235 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 454,970,037 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 409,817,235 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 470,030,037 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 480,070,037 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 438,420,451 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 454,970,037 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 409,817,235 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 454,970,037 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 409,817,235 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 470,030,037 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 480,070,037 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 438,420,451 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 45,152,802 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 15,060,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 10,040,000 Loss to the third most recent increase in the state-mandated homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID, 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 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 597,444,548 N/A 597,444,548 597,444,548
B - MULTIFAMILY 7,165,456 N/A 7,165,456 7,165,456
C1 - VACANT LOTS 29,286,492 N/A 29,286,492 29,286,492
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 13,267,920 N/A 13,267,920 13,267,920
D2 - FARM & RANCH IMP 9,145,629 N/A 9,145,629 9,145,629
E - NON-AG LAND AND IMPROVEMENTS 516,246,138 N/A 516,246,138 516,246,138
F1 - COMMERCIAL REAL 114,289,031 N/A 114,289,031 114,289,031
F2 - INDUSTRIAL REAL 23,482,673 N/A 23,482,673 23,482,673
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 60,239,260 N/A 60,239,260 60,239,260
L1 - COMMERCIAL PERSONAL 40,897,975 N/A 40,897,975 40,897,975
L2 - INDUSTRIAL PERSONAL 42,820,600 N/A 42,820,600 42,820,600
M1 - MOBILE HOMES 22,801,150 N/A 22,801,150 22,801,150
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,652,280 N/A 1,652,280 1,652,280
S - SPECIAL INVENTORY 8,384,472 N/A 8,384,472 8,384,472
Subtotal 1,487,123,624 0 1,487,123,624 1,487,123,624
Less Total Deductions 489,575,231 0 489,575,231 489,575,231
Total Taxable Value 997,548,393 0 997,548,393 997,548,393

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 1,134,911,861 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 997,548,393 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 1,134,911,861 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 997,548,393 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,181,591,861 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 1,212,711,861 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 1,063,208,292 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 1,134,911,861 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 997,548,393 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 1,134,911,861 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 997,548,393 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,181,591,861 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 1,212,711,861 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 1,063,208,292 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 137,363,468 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 46,680,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 31,120,000 Loss to the third most recent increase in the state-mandated homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED.


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234-907-02/Wills Point ISD



Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 894,371,081 N/A 894,371,081 894,371,081
B - MULTIFAMILY 7,375,832 N/A 7,375,832 7,375,832
C1 - VACANT LOTS 46,841,844 N/A 46,841,844 46,841,844
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 15,768,281 N/A 15,768,281 15,768,281
D2 - FARM & RANCH IMP 14,933,449 N/A 14,933,449 14,933,449
E - NON-AG LAND AND IMPROVEMENTS 725,350,706 N/A 725,350,706 725,350,706
F1 - COMMERCIAL REAL 141,254,625 N/A 141,254,625 141,254,625
F2 - INDUSTRIAL REAL 23,482,673 N/A 23,482,673 23,482,673
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 75,017,024 N/A 75,017,024 75,017,024
L1 - COMMERCIAL PERSONAL 64,019,669 N/A 64,019,669 64,019,669
L2 - INDUSTRIAL PERSONAL 44,122,481 N/A 44,122,481 44,122,481
M1 - MOBILE HOMES 38,578,494 N/A 38,578,494 38,578,494
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 5,458,274 N/A 5,458,274 5,458,274
S - SPECIAL INVENTORY 8,420,171 N/A 8,420,171 8,420,171
Subtotal 2,104,994,604 2,104,994,604 2,104,994,604
Less Total Deductions 697,628,976 697,628,976 697,628,976
Total Taxable Value 1,407,365,628 1,407,365,628 1,407,365,628

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 1,589,881,898 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,407,365,628 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 1,589,881,898 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,407,365,628 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,651,621,898 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 1,692,781,898 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 1,501,628,743 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 1,589,881,898 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,407,365,628 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 1,589,881,898 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,407,365,628 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,651,621,898 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 1,692,781,898 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 1,501,628,743 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 182,516,270 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 61,740,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 41,160,000 Loss to the third most recent increase in the state-mandated homestead exemption

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