taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

237/Waller

237-905/Royal ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 214,678,554 .9173 234,033,091 214,678,554
B. Multi-Family Residences 8,748,760 N/A 8,748,760 8,748,760
C1. Vacant Lots 36,442,530 N/A 36,442,530 36,442,530
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 13,398,485 1.3644 9,820,132 13,398,485
D2. Real Prop Farm & Ranch 8,210,791 N/A 8,210,791 8,210,791
E. Real Prop NonQual Acres 173,033,458 .9347 185,121,919 173,033,458
F1. Commercial Real 149,145,508 .9982 149,414,454 149,145,508
F2. Industrial Real 120,880,600 N/A 120,880,600 120,880,600
G. Oil, Gas, Minerals 22,153,133 N/A 22,153,133 22,153,133
J. Utilities 41,692,480 N/A 41,692,480 41,692,480
L1. Commercial Personal 234,173,157 1.0023 233,635,795 234,173,157
L2. Industrial Personal 99,777,250 N/A 99,777,250 99,777,250
M. Other Personal 9,350,590 N/A 9,350,590 9,350,590
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 1,157,350 N/A 1,157,350 1,157,350
Subtotal 1,132,842,646 1,160,438,875 1,132,842,646
Less Total Deductions 91,991,514   99,221,175 91,991,514
Total Taxable Value 1,040,851,132 1,061,217,700 1,040,851,132 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
1,053,563,901 1,040,851,132 1,050,410,915 1,037,698,146


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
12,712,769 3,152,986


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
1,072,002,521 1,059,289,752 1,068,849,535 1,056,136,766

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