taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

014/Bell

014-906/Killeen ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 5,564,775,794 .9933 5,602,311,280 5,564,775,794
B. Multi-Family Residences 643,418,315 .9666 665,651,060 643,418,315
C1. Vacant Lots 112,940,001 N/A 112,940,001 112,940,001
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,442,420 .8510 5,220,294 4,442,420
D2. Real Prop Farm & Ranch 1,422,615 N/A 1,422,615 1,422,615
E. Real Prop NonQual Acres 131,993,331 N/A 131,993,331 131,993,331
F1. Commercial Real 868,099,943 .8424 1,030,508,005 868,099,943
F2. Industrial Real 5,721,190 N/A 5,721,190 5,721,190
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 179,036,540 N/A 179,036,540 179,036,540
L1. Commercial Personal 364,377,818 .9815 371,245,867 364,377,818
L2. Industrial Personal 41,268,965 N/A 41,268,965 41,268,965
M. Other Personal 26,058,848 N/A 26,058,848 26,058,848
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 104,723,868 N/A 104,723,868 104,723,868
S. Special Inventory 53,366,069 N/A 53,366,069 53,366,069
Subtotal 8,101,645,717 8,331,467,933 8,101,645,717
Less Total Deductions 1,278,434,585   1,283,127,217 1,278,434,585
Total Taxable Value 6,823,211,132 7,048,340,716 6,823,211,132 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
7,090,274,530 6,823,211,132 7,090,274,530 6,823,211,132


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
267,063,398 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
7,090,274,530 6,823,211,132 7,090,274,530 6,823,211,132

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