taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

246/Williamson

246-912/Thrall ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 66,127,910 .9652 68,512,132 66,127,910
B. Multi-Family Residences 462,306 N/A 462,306 462,306
C1. Vacant Lots 4,084,138 N/A 4,084,138 4,084,138
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 27,440,360 1.1295 24,294,012 27,440,360
D2. Real Prop Farm & Ranch 4,418,658 N/A 4,418,658 4,418,658
E. Real Prop NonQual Acres 91,812,975 .9883 92,899,904 91,812,975
F1. Commercial Real 7,125,778 N/A 7,125,778 7,125,778
F2. Industrial Real 2,152,515 N/A 2,152,515 2,152,515
G. Oil, Gas, Minerals 2,360,242 N/A 2,360,242 2,360,242
J. Utilities 18,527,381 .9564 19,372,000 18,527,381
L1. Commercial Personal 5,467,094 N/A 5,467,094 5,467,094
L2. Industrial Personal 1,028,233 N/A 1,028,233 1,028,233
M. Other Personal 930,614 N/A 930,614 930,614
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 309,174 N/A 309,174 309,174
Subtotal 232,247,378 233,416,800 232,247,378
Less Total Deductions 29,727,692   31,194,262 29,727,692
Total Taxable Value 202,519,686 202,222,538 202,519,686 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
210,318,092 202,519,686 210,318,092 202,519,686 202,519,686 202,519,686


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
7,798,406 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
210,318,092 202,519,686 210,318,092 202,519,686 202,519,686 202,519,686

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