taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

170/Montgomery

170-904/Willis ISD

* This district is in year 1 of the grace period.


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 2,264,510,372 .9193 2,463,298,566 2,264,510,372
B. Multi-Family Residences 8,892,924 N/A 8,892,924 8,892,924
C1. Vacant Lots 131,775,560 N/A 131,775,560 131,775,560
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 25,313,205 1.0069 25,139,307 25,313,205
D2. Real Prop Farm & Ranch 2,900,424 N/A 2,900,424 2,900,424
E. Real Prop NonQual Acres 129,605,215 N/A 129,605,215 129,605,215
F1. Commercial Real 281,273,695 1.0348 271,814,549 281,273,695
F2. Industrial Real 86,110,221 N/A 86,110,221 86,110,221
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 50,659,780 N/A 50,659,780 50,659,780
L1. Commercial Personal 161,635,172 1.0439 154,837,793 161,635,172
L2. Industrial Personal 85,783,997 N/A 85,783,997 85,783,997
M. Other Personal 12,362,681 N/A 12,362,681 12,362,681
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 8,927,650 N/A 8,927,650 8,927,650
S. Special Inventory 4,327,464 N/A 4,327,464 4,327,464
Subtotal 3,254,078,360 3,436,436,131 3,254,078,360
Less Total Deductions 573,325,345   641,122,681 573,325,345
Total Taxable Value 2,680,753,015 2,795,313,450 2,680,753,015 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
2,763,654,816 2,680,753,015 2,763,654,816 2,680,753,015


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
82,901,801 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
2,763,654,816 2,680,753,015 2,763,654,816 2,680,753,015

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 invalid, but local value was certified because your school district is in year one of the grace period.

204/San Jacinto

170-904/Willis ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 4,847,860 N/A 4,847,860 4,847,860
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 703,263 N/A 703,263 703,263
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,863,412 N/A 4,863,412 4,863,412
D2. Real Prop Farm & Ranch 102,655 N/A 102,655 102,655
E. Real Prop NonQual Acres 27,102,095 N/A 27,102,095 27,102,095
F1. Commercial Real 123,200 N/A 123,200 123,200
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 816,160 N/A 816,160 816,160
L1. Commercial Personal 50,450 N/A 50,450 50,450
L2. Industrial Personal 217,520 N/A 217,520 217,520
M. Other Personal 1,207,050 N/A 1,207,050 1,207,050
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 40,033,665 40,033,665 40,033,665
Less Total Deductions 5,716,780   5,716,780 5,716,780
Total Taxable Value 34,316,885 34,316,885 34,316,885 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
35,745,421 34,316,885 35,745,421 34,316,885


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,428,536 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
35,745,421 34,316,885 35,745,421 34,316,885

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

170-904/Willis ISD



Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 2,269,358,232 .9195 2,468,146,426 2,269,358,232
B. Multi-Family Residences 8,892,924 N/A 8,892,924 8,892,924
C1. Vacant Lots 132,478,823 N/A 132,478,823 132,478,823
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 30,176,617 1.0058 30,002,719 30,176,617
D2. Real Prop Farm & Ranch 3,003,079 N/A 3,003,079 3,003,079
E. Real Prop NonQual Acres 156,707,310 N/A 156,707,310 156,707,310
F1. Commercial Real 281,396,895 1.0348 271,937,749 281,396,895
F2. Industrial Real 86,110,221 N/A 86,110,221 86,110,221
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 51,475,940 N/A 51,475,940 51,475,940
L1. Commercial Personal 161,685,622 1.0439 154,888,243 161,685,622
L2. Industrial Personal 86,001,517 N/A 86,001,517 86,001,517
M. Other Personal 13,569,731 N/A 13,569,731 13,569,731
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 8,927,650 N/A 8,927,650 8,927,650
S. Special Inventory 4,327,464 N/A 4,327,464 4,327,464
Subtotal 3,294,112,025 3,476,469,796 3,294,112,025
Less Total Deductions 579,042,125   646,839,461 579,042,125
Total Taxable Value 2,715,069,900 2,829,630,335 2,715,069,900 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