taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

109/Hill

109-911/Whitney ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 366,673,917 .9704 377,858,529 366,673,917
B. Multi-Family Residences 6,668,280 N/A 6,668,280 6,668,280
C1. Vacant Lots 65,418,071 1.0379 63,029,262 65,418,071
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,781,660 1.1145 3,393,070 3,781,660
D2. Real Prop Farm & Ranch 2,987,280 N/A 2,987,280 2,987,280
E. Real Prop NonQual Acres 62,243,609 1.0257 60,684,029 62,243,609
F1. Commercial Real 67,665,890 .9544 70,898,879 67,665,890
F2. Industrial Real 4,309,160 N/A 4,309,160 4,309,160
G. Oil, Gas, Minerals 174,775 N/A 174,775 174,775
J. Utilities 21,840,800 N/A 21,840,800 21,840,800
L1. Commercial Personal 23,761,200 N/A 23,761,200 23,761,200
L2. Industrial Personal 10,099,020 N/A 10,099,020 10,099,020
M. Other Personal 6,647,490 N/A 6,647,490 6,647,490
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 8,019,240 N/A 8,019,240 8,019,240
S. Special Inventory 198,610 N/A 198,610 198,610
Subtotal 650,489,002 660,569,624 650,489,002
Less Total Deductions 91,963,668   96,500,620 91,963,668
Total Taxable Value 558,525,334 564,069,004 558,525,334 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
583,126,944 558,525,334 583,126,944 558,525,334 565,200,913 565,200,913


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
24,601,610 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
583,126,944 558,525,334 583,126,944 558,525,334 565,200,913 565,200,913

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