taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

246/Williamson

246-907/Jarrell ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 695,990,473 .9930 700,896,750 695,990,473
B. Multi-Family Residences 11,213,316 N/A 11,213,316 11,213,316
C1. Vacant Lots 15,359,036 N/A 15,359,036 15,359,036
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,261,849 1.1011 4,778,717 5,261,849
D2. Real Prop Farm & Ranch 21,358,818 N/A 21,358,818 21,358,818
E. Real Prop NonQual Acres 58,522,999 1.0240 57,151,366 58,522,999
F1. Commercial Real 61,591,512 1.0464 58,860,390 61,591,512
F2. Industrial Real 2,253,108 N/A 2,253,108 2,253,108
G. Oil, Gas, Minerals 7,085,441 N/A 7,085,441 7,085,441
J. Utilities 13,320,590 N/A 13,320,590 13,320,590
L1. Commercial Personal 29,578,795 N/A 29,578,795 29,578,795
L2. Industrial Personal 31,964,566 N/A 31,964,566 31,964,566
M. Other Personal 1,370,806 N/A 1,370,806 1,370,806
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 10,766,096 N/A 10,766,096 10,766,096
S. Special Inventory 1,540,028 N/A 1,540,028 1,540,028
Subtotal 967,177,433 967,497,823 967,177,433
Less Total Deductions 192,223,790   195,195,710 192,223,790
Total Taxable Value 774,953,643 772,302,113 774,953,643 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
805,630,385 774,953,643 805,630,385 774,953,643 776,380,406 776,380,406


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
30,676,742 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
805,630,385 774,953,643 805,630,385 774,953,643 776,380,406 776,380,406

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