taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

212/Smith

212-906/Whitehouse ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 1,233,874,574 N/A 1,233,874,574 1,233,874,574
B. Multi-Family Residences 57,053,755 N/A 57,053,755 57,053,755
C1. Vacant Lots 46,676,963 N/A 46,676,963 46,676,963
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,840,775 N/A 4,840,775 4,840,775
D2. Real Prop Farm & Ranch 2,836,231 N/A 2,836,231 2,836,231
E. Real Prop NonQual Acres 157,381,237 N/A 157,381,237 157,381,237
F1. Commercial Real 165,600,324 N/A 165,600,324 165,600,324
F2. Industrial Real 32,076,271 N/A 32,076,271 32,076,271
G. Oil, Gas, Minerals 6,986,303 N/A 6,986,303 6,986,303
J. Utilities 41,481,179 N/A 41,481,179 41,481,179
L1. Commercial Personal 58,512,542 N/A 58,512,542 58,512,542
L2. Industrial Personal 124,651,381 N/A 124,651,381 124,651,381
M. Other Personal 15,460,470 N/A 15,460,470 15,460,470
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 4,996,406 N/A 4,996,406 4,996,406
S. Special Inventory 125,774 N/A 125,774 125,774
Subtotal 1,952,554,185 1,952,554,185 1,952,554,185
Less Total Deductions 223,436,655   223,436,655 223,436,655
Total Taxable Value 1,729,117,530 1,729,117,530 1,729,117,530 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
1,788,635,667 1,729,117,530 1,788,635,667 1,729,117,530 1,748,464,135 1,748,464,135


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
59,518,137 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
1,788,635,667 1,729,117,530 1,788,635,667 1,729,117,530 1,748,464,135 1,748,464,135

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