taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

246/Williamson

246-912/Thrall ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 69,390,357 N/A 69,390,357 69,390,357
B. Multi-Family Residences 462,014 N/A 462,014 462,014
C1. Vacant Lots 4,025,086 N/A 4,025,086 4,025,086
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 27,307,562 N/A 27,307,562 27,307,562
D2. Real Prop Farm & Ranch 4,834,273 N/A 4,834,273 4,834,273
E. Real Prop NonQual Acres 95,219,377 N/A 95,219,377 95,219,377
F1. Commercial Real 7,809,623 N/A 7,809,623 7,809,623
F2. Industrial Real 2,172,797 N/A 2,172,797 2,172,797
G. Oil, Gas, Minerals 1,473,919 N/A 1,473,919 1,473,919
J. Utilities 18,614,211 N/A 18,614,211 18,614,211
L1. Commercial Personal 5,546,605 N/A 5,546,605 5,546,605
L2. Industrial Personal 1,273,853 N/A 1,273,853 1,273,853
M. Other Personal 909,757 N/A 909,757 909,757
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 390,676 N/A 390,676 390,676
Subtotal 239,430,110 239,430,110 239,430,110
Less Total Deductions 35,176,748   35,176,748 35,176,748
Total Taxable Value 204,253,362 204,253,362 204,253,362 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
211,896,012 204,253,362 211,896,012 204,253,362


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
7,642,650 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
211,896,012 204,253,362 211,896,012 204,253,362

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