taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

001/Anderson

001-908/Westwood ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 160,314,581 .9928 161,477,217 160,314,581
B. Multi-Family Residences 1,178,419 N/A 1,178,419 1,178,419
C1. Vacant Lots 1,198,890 N/A 1,198,890 1,198,890
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,836,358 .9821 3,906,176 3,836,358
D2. Real Prop Farm & Ranch 307,785 N/A 307,785 307,785
E. Real Prop NonQual Acres 70,329,767 .8643 81,371,939 70,329,767
F1. Commercial Real 29,817,730 .8836 33,745,733 29,817,730
F2. Industrial Real 101,510,954 N/A 101,510,954 101,510,954
G. Oil, Gas, Minerals 6,195,232 N/A 6,195,232 6,195,232
J. Utilities 24,384,136 .9920 24,580,782 24,384,136
L1. Commercial Personal 29,871,825 1.1303 26,428,227 29,871,825
L2. Industrial Personal 147,847,781 N/A 147,847,781 147,847,781
M. Other Personal 10,826,173 N/A 10,826,173 10,826,173
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 3,753 N/A 3,753 3,753
S. Special Inventory 346,738 N/A 346,738 346,738
Subtotal 587,970,122 600,925,799 587,970,122
Less Total Deductions 89,215,501   89,671,003 89,215,501
Total Taxable Value 498,754,621 511,254,796 498,754,621 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
515,752,491 498,754,621 515,752,491 498,754,621


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
16,997,870 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
515,752,491 498,754,621 515,752,491 498,754,621

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