taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

129/Kaufman

234-907/Wills Point ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 60,336,464 N/A 60,336,464 60,336,464
B. Multi-Family Residences 97,400 N/A 97,400 97,400
C1. Vacant Lots 8,508,250 N/A 8,508,250 8,508,250
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,984,630 N/A 2,984,630 2,984,630
D2. Real Prop Farm & Ranch 2,252,500 N/A 2,252,500 2,252,500
E. Real Prop NonQual Acres 39,504,162 N/A 39,504,162 39,504,162
F1. Commercial Real 2,873,090 N/A 2,873,090 2,873,090
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 7,835,440 N/A 7,835,440 7,835,440
L1. Commercial Personal 5,079,150 N/A 5,079,150 5,079,150
L2. Industrial Personal 40,990 N/A 40,990 40,990
M. Other Personal 3,558,360 N/A 3,558,360 3,558,360
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 441,200 N/A 441,200 441,200
S. Special Inventory 2,570 N/A 2,570 2,570
Subtotal 133,514,206 133,514,206 133,514,206
Less Total Deductions 17,720,495   17,720,495 17,720,495
Total Taxable Value 115,793,711 115,793,711 115,793,711 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
122,747,639 115,793,711 122,747,639 115,793,711 116,605,861 116,605,861


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,953,928 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
122,747,639 115,793,711 122,747,639 115,793,711 116,605,861 116,605,861

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

234/Van Zandt

234-907/Wills Point ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 185,987,150 N/A 185,987,150 185,987,150
B. Multi-Family Residences 2,653,230 N/A 2,653,230 2,653,230
C1. Vacant Lots 8,002,540 N/A 8,002,540 8,002,540
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 8,988,040 N/A 8,988,040 8,988,040
D2. Real Prop Farm & Ranch 4,119,660 N/A 4,119,660 4,119,660
E. Real Prop NonQual Acres 148,099,250 N/A 148,099,250 148,099,250
F1. Commercial Real 43,152,571 N/A 43,152,571 43,152,571
F2. Industrial Real 1,073,570 N/A 1,073,570 1,073,570
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 19,815,426 N/A 19,815,426 19,815,426
L1. Commercial Personal 21,680,432 N/A 21,680,432 21,680,432
L2. Industrial Personal 3,615,376 N/A 3,615,376 3,615,376
M. Other Personal 11,307,510 N/A 11,307,510 11,307,510
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 569,200 N/A 569,200 569,200
S. Special Inventory 3,514,620 N/A 3,514,620 3,514,620
Subtotal 462,578,575 462,578,575 462,578,575
Less Total Deductions 68,905,163   68,905,163 68,905,163
Total Taxable Value 393,673,412 393,673,412 393,673,412 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
416,645,235 393,673,412 416,645,235 393,673,412 404,033,989 404,033,989


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
22,971,823 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
416,645,235 393,673,412 416,645,235 393,673,412 404,033,989 404,033,989

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

234-907/Wills Point ISD



Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 246,323,614 N/A 246,323,614 246,323,614
B. Multi-Family Residences 2,750,630 N/A 2,750,630 2,750,630
C1. Vacant Lots 16,510,790 N/A 16,510,790 16,510,790
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 11,972,670 N/A 11,972,670 11,972,670
D2. Real Prop Farm & Ranch 6,372,160 N/A 6,372,160 6,372,160
E. Real Prop NonQual Acres 187,603,412 N/A 187,603,412 187,603,412
F1. Commercial Real 46,025,661 N/A 46,025,661 46,025,661
F2. Industrial Real 1,073,570 N/A 1,073,570 1,073,570
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 27,650,866 N/A 27,650,866 27,650,866
L1. Commercial Personal 26,759,582 N/A 26,759,582 26,759,582
L2. Industrial Personal 3,656,366 N/A 3,656,366 3,656,366
M. Other Personal 14,865,870 N/A 14,865,870 14,865,870
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 1,010,400 N/A 1,010,400 1,010,400
S. Special Inventory 3,517,190 N/A 3,517,190 3,517,190
Subtotal 596,092,781 596,092,781 596,092,781
Less Total Deductions 86,625,658   86,625,658 86,625,658
Total Taxable Value 509,467,123 509,467,123 509,467,123 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