taxes Property Tax Assistance

2016 ISD Summary Worksheet

070/Ellis

070-912/Waxahachie ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 1,816,201,399 .9717 1,869,096,840 1,816,201,399
B. Multi-Family Residences 171,026,699 .9169 186,527,101 171,026,699
C1. Vacant Lots 45,949,720 N/A 45,949,720 45,949,720
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 21,860,532 1.2329 17,731,309 21,860,532
D2. Real Prop Farm & Ranch 8,604,205 N/A 8,604,205 8,604,205
E. Real Prop NonQual Acres 174,753,518 1.0301 169,647,139 174,753,518
F1. Commercial Real 497,176,932 .8517 583,746,545 497,176,932
F2. Industrial Real 180,521,600 N/A 180,521,600 180,521,600
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 96,979,660 N/A 96,979,660 96,979,660
L1. Commercial Personal 338,680,889 1.0324 328,052,004 338,680,889
L2. Industrial Personal 429,589,412 N/A 429,589,412 429,589,412
M. Other Personal 7,575,930 N/A 7,575,930 7,575,930
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 49,751,005 N/A 49,751,005 49,751,005
S. Special Inventory 13,949,990 N/A 13,949,990 13,949,990
Subtotal 3,852,621,491 3,987,722,460 3,852,621,491
Less Total Deductions 530,008,401   544,459,940 530,008,401
Total Taxable Value 3,322,613,090 3,443,262,520 3,322,613,090 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
3,411,642,362 3,322,613,090 3,411,642,362 3,322,613,090


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
89,029,272 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
3,411,642,362 3,322,613,090 3,411,642,362 3,322,613,090

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