taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

129/Kaufman

234-907/Wills Point ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 62,046,706 .9643 64,343,779 62,046,706
B. Multi-Family Residences 97,400 N/A 97,400 97,400
C1. Vacant Lots 8,021,686 1.0583 7,579,785 8,021,686
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,991,030 1.0215 2,928,171 2,991,030
D2. Real Prop Farm & Ranch 2,288,120 N/A 2,288,120 2,288,120
E. Real Prop NonQual Acres 41,125,428 .9267 44,378,362 41,125,428
F1. Commercial Real 3,460,450 N/A 3,460,450 3,460,450
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 8,992,720 .9892 9,090,902 8,992,720
L1. Commercial Personal 7,241,750 N/A 7,241,750 7,241,750
L2. Industrial Personal 29,340 N/A 29,340 29,340
M. Other Personal 3,473,970 N/A 3,473,970 3,473,970
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 249,000 N/A 249,000 249,000
S. Special Inventory 6,080 N/A 6,080 6,080
Subtotal 140,023,680 145,167,109 140,023,680
Less Total Deductions 24,603,340   25,574,658 24,603,340
Total Taxable Value 115,420,340 119,592,451 115,420,340 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 T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
121,688,959 115,420,340 121,688,959 115,420,340


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,268,619 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

Value Taxable For I&S Purposes

T7 T8 T9 T10
121,688,959 115,420,340 121,688,959 115,420,340

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

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 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 193,982,480 .9505 204,084,671 193,982,480
B. Multi-Family Residences 2,970,740 N/A 2,970,740 2,970,740
C1. Vacant Lots 7,693,710 N/A 7,693,710 7,693,710
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 9,263,140 1.3260 6,985,931 9,263,140
D2. Real Prop Farm & Ranch 4,170,770 N/A 4,170,770 4,170,770
E. Real Prop NonQual Acres 151,122,840 .9792 154,332,966 151,122,840
F1. Commercial Real 43,894,830 .8953 49,028,069 43,894,830
F2. Industrial Real 4,433,340 N/A 4,433,340 4,433,340
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 23,142,790 N/A 23,142,790 23,142,790
L1. Commercial Personal 24,748,240 N/A 24,748,240 24,748,240
L2. Industrial Personal 10,373,740 N/A 10,373,740 10,373,740
M. Other Personal 4,774,040 N/A 4,774,040 4,774,040
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 527,560 N/A 527,560 527,560
S. Special Inventory 4,800,750 N/A 4,800,750 4,800,750
Subtotal 485,898,970 502,067,317 485,898,970
Less Total Deductions 90,317,875   95,321,043 90,317,875
Total Taxable Value 395,581,095 406,746,274 395,581,095 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 T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
415,850,746 395,581,095 415,850,746 395,581,095


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
20,269,651 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

Value Taxable For I&S Purposes

T7 T8 T9 T10
415,850,746 395,581,095 415,850,746 395,581,095

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

The PVS found your local value to be valid, and local value was certified

234-907/Wills Point ISD



Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 256,029,186 .9538 268,428,450 256,029,186
B. Multi-Family Residences 3,068,140 N/A 3,068,140 3,068,140
C1. Vacant Lots 15,715,396 1.0289 15,273,495 15,715,396
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 12,254,170 1.2360 9,914,102 12,254,170
D2. Real Prop Farm & Ranch 6,458,890 N/A 6,458,890 6,458,890
E. Real Prop NonQual Acres 192,248,268 .9675 198,711,328 192,248,268
F1. Commercial Real 47,355,280 .9022 52,488,519 47,355,280
F2. Industrial Real 4,433,340 N/A 4,433,340 4,433,340
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 32,135,510 .9970 32,233,692 32,135,510
L1. Commercial Personal 31,989,990 N/A 31,989,990 31,989,990
L2. Industrial Personal 10,403,080 N/A 10,403,080 10,403,080
M. Other Personal 8,248,010 N/A 8,248,010 8,248,010
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 776,560 N/A 776,560 776,560
S. Special Inventory 4,806,830 N/A 4,806,830 4,806,830
Subtotal 625,922,650 647,234,426 625,922,650
Less Total Deductions 114,921,215   120,895,701 114,921,215
Total Taxable Value 511,001,435 526,338,725 511,001,435 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