taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

212/Smith

212-906/Whitehouse ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 1,305,297,224 .9867 1,322,891,683 1,305,297,224
B. Multi-Family Residences 64,669,704 N/A 64,669,704 64,669,704
C1. Vacant Lots 40,639,344 N/A 40,639,344 40,639,344
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,820,127 1.3278 3,630,233 4,820,127
D2. Real Prop Farm & Ranch 3,083,041 N/A 3,083,041 3,083,041
E. Real Prop NonQual Acres 163,038,554 1.0016 162,778,109 163,038,554
F1. Commercial Real 204,587,291 .9860 207,492,182 204,587,291
F2. Industrial Real 32,199,800 N/A 32,199,800 32,199,800
G. Oil, Gas, Minerals 5,607,365 N/A 5,607,365 5,607,365
J. Utilities 43,742,387 N/A 43,742,387 43,742,387
L1. Commercial Personal 70,115,207 N/A 70,115,207 70,115,207
L2. Industrial Personal 140,872,948 N/A 140,872,948 140,872,948
M. Other Personal 16,317,800 N/A 16,317,800 16,317,800
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 3,999,823 N/A 3,999,823 3,999,823
S. Special Inventory 438,854 N/A 438,854 438,854
Subtotal 2,099,429,469 2,118,478,480 2,099,429,469
Less Total Deductions 308,271,254   313,008,622 308,271,254
Total Taxable Value 1,791,158,215 1,805,469,858 1,791,158,215 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
1,848,209,876 1,791,158,215 1,848,209,876 1,791,158,215


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
57,051,661 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
1,848,209,876 1,791,158,215 1,848,209,876 1,791,158,215

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