taxes Property Tax

School and Appraisal Districts Property Value Study 2013 Report

2013 ISD Summary Worksheet

014/Bell

014-906/Killeen ISD


Category Local Tax Roll Value 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 5,179,660,141 .9924 5,219,327,026 5,179,660,141
B. Multi-Family Residences 615,980,687 .9490 649,083,969 615,980,687
C1. Vacant Lots 94,918,243 N/A 94,918,243 94,918,243
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,147,298 .9105 4,554,769 4,147,298
D2. Real Prop Farm & Ranch 1,171,017 N/A 1,171,017 1,171,017
E. Real Prop NonQual Acres 115,181,946 N/A 115,181,946 115,181,946
F1. Commercial Real 811,236,119 .7833 1,035,664,648 811,236,119
F2. Industrial Real 4,863,618 N/A 4,863,618 4,863,618
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 150,317,178 N/A 150,317,178 150,317,178
L1. Commercial Personal 344,986,391 .9861 349,849,296 344,986,391
L2. Industrial Personal 23,230,199 N/A 23,230,199 23,230,199
M. Other Personal 25,167,341 N/A 25,167,341 25,167,341
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 110,130,802 N/A 110,130,802 110,130,802
S. Special Inventory 46,241,907 N/A 46,241,907 46,241,907
Subtotal 7,527,232,887 7,829,701,959 7,527,232,887
Less Total Deductions 835,354,276   839,982,828 835,354,276
Total Taxable Value 6,691,878,611 6,989,719,131 6,691,878,611 T2

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 T6 will be the same as T7 through T12.

Value Taxable For M&O Purposes

T1 T2 T3 T4 T5 T6
6,954,667,386 6,691,878,611 6,954,667,386 6,691,878,611 6,720,896,076 6,720,896,076


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
262,788,775 0


T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 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

T5 = T2 before the loss to the tax ceiling reduction

T6 = T5 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10 T11 T12
6,954,667,386 6,691,878,611 6,954,667,386 6,691,878,611 6,720,896,076 6,720,896,076

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 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

T11 = T8 before the loss to the tax ceiling reduction

T12 = T11 minus 50% of the loss to the local optional percentage homestead exemption

The PVS found your local value to be valid, and local value was certified