taxes Property Tax Assistance

2016 ISD Summary Worksheet

001/Anderson

001-908/Westwood ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 161,660,595 N/A 161,660,595 161,660,595
B. Multi-Family Residences 3,550,185 N/A 3,550,185 3,550,185
C1. Vacant Lots 1,188,887 N/A 1,188,887 1,188,887
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,881,993 N/A 3,881,993 3,881,993
D2. Real Prop Farm & Ranch 334,784 N/A 334,784 334,784
E. Real Prop NonQual Acres 76,846,780 N/A 76,846,780 76,846,780
F1. Commercial Real 30,623,016 N/A 30,623,016 30,623,016
F2. Industrial Real 100,427,253 N/A 100,427,253 100,427,253
G. Oil, Gas, Minerals 2,600,455 N/A 2,600,455 2,600,455
J. Utilities 23,330,774 N/A 23,330,774 23,330,774
L1. Commercial Personal 28,884,060 N/A 28,884,060 28,884,060
L2. Industrial Personal 125,863,334 N/A 125,863,334 125,863,334
M. Other Personal 11,721,928 N/A 11,721,928 11,721,928
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 3,753 N/A 3,753 3,753
S. Special Inventory 299,661 N/A 299,661 299,661
Subtotal 571,217,458 571,217,458 571,217,458
Less Total Deductions 84,201,203   84,201,203 84,201,203
Total Taxable Value 487,016,255 487,016,255 487,016,255 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
504,035,129 487,016,255 504,035,129 487,016,255


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
17,018,874 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
504,035,129 487,016,255 504,035,129 487,016,255

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