taxes Property Tax Assistance

2016 ISD Summary Worksheet

014/Bell

014-903/Belton ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 2,252,426,462 N/A 2,252,426,462 2,252,426,462
B. Multi-Family Residences 94,513,393 N/A 94,513,393 94,513,393
C1. Vacant Lots 69,023,609 N/A 69,023,609 69,023,609
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 9,200,576 N/A 9,200,576 9,200,576
D2. Real Prop Farm & Ranch 2,247,606 N/A 2,247,606 2,247,606
E. Real Prop NonQual Acres 170,598,735 N/A 170,598,735 170,598,735
F1. Commercial Real 219,915,159 N/A 219,915,159 219,915,159
F2. Industrial Real 27,521,290 N/A 27,521,290 27,521,290
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 66,562,762 N/A 66,562,762 66,562,762
L1. Commercial Personal 109,226,589 N/A 109,226,589 109,226,589
L2. Industrial Personal 73,505,840 N/A 73,505,840 73,505,840
M. Other Personal 5,091,211 N/A 5,091,211 5,091,211
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 67,314,541 N/A 67,314,541 67,314,541
S. Special Inventory 2,318,999 N/A 2,318,999 2,318,999
Subtotal 3,169,466,772 3,169,466,772 3,169,466,772
Less Total Deductions 494,638,548   494,638,548 494,638,548
Total Taxable Value 2,674,828,224 2,674,828,224 2,674,828,224 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
2,778,875,360 2,674,828,224 2,778,875,360 2,674,828,224


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
104,047,136 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
2,778,875,360 2,674,828,224 2,778,875,360 2,674,828,224

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