taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

225/Titus

225-905/Winfield ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 9,930,491 .9517 10,434,476 9,930,491
B. Multi-Family Residences 107,088 N/A 107,088 107,088
C1. Vacant Lots 315,396 N/A 315,396 315,396
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,092,406 .9664 2,165,112 2,092,406
D2. Real Prop Farm & Ranch 437,284 N/A 437,284 437,284
E. Real Prop NonQual Acres 11,316,542 .9405 12,032,474 11,316,542
F1. Commercial Real 4,088,469 .9710 4,210,576 4,088,469
F2. Industrial Real 4,542,471 N/A 4,542,471 4,542,471
G. Oil, Gas, Minerals 515,700 N/A 515,700 515,700
J. Utilities 2,856,410 .9356 3,053,025 2,856,410
L1. Commercial Personal 1,337,808 N/A 1,337,808 1,337,808
L2. Industrial Personal 21,341,473 N/A 21,341,473 21,341,473
M. Other Personal 943,924 N/A 943,924 943,924
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 156,554 N/A 156,554 156,554
Subtotal 59,982,016 61,593,361 59,982,016
Less Total Deductions 6,007,853   6,275,631 6,007,853
Total Taxable Value 53,974,163 55,317,730 53,974,163 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
55,184,081 53,974,163 55,184,081 53,974,163


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,209,918 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
55,184,081 53,974,163 55,184,081 53,974,163

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