taxes Property Tax Assistance

2016 ISD Summary Worksheet

129/Kaufman

234-907/Wills Point ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 64,241,676 N/A 64,241,676 64,241,676
B. Multi-Family Residences 97,400 N/A 97,400 97,400
C1. Vacant Lots 8,004,280 N/A 8,004,280 8,004,280
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,978,640 N/A 2,978,640 2,978,640
D2. Real Prop Farm & Ranch 2,341,310 N/A 2,341,310 2,341,310
E. Real Prop NonQual Acres 42,920,337 N/A 42,920,337 42,920,337
F1. Commercial Real 3,406,490 N/A 3,406,490 3,406,490
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 9,275,960 N/A 9,275,960 9,275,960
L1. Commercial Personal 6,945,490 N/A 6,945,490 6,945,490
L2. Industrial Personal 36,660 N/A 36,660 36,660
M. Other Personal 3,545,870 N/A 3,545,870 3,545,870
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 152,500 N/A 152,500 152,500
S. Special Inventory 15,510 N/A 15,510 15,510
Subtotal 143,962,123 143,962,123 143,962,123
Less Total Deductions 24,744,824   24,744,824 24,744,824
Total Taxable Value 119,217,299 119,217,299 119,217,299 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
125,452,024 119,217,299 125,452,024 119,217,299


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,234,725 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
125,452,024 119,217,299 125,452,024 119,217,299

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

234/Van Zandt

234-907/Wills Point ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 199,686,610 N/A 199,686,610 199,686,610
B. Multi-Family Residences 3,270,780 N/A 3,270,780 3,270,780
C1. Vacant Lots 7,762,450 N/A 7,762,450 7,762,450
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 9,125,650 N/A 9,125,650 9,125,650
D2. Real Prop Farm & Ranch 4,562,410 N/A 4,562,410 4,562,410
E. Real Prop NonQual Acres 160,645,190 N/A 160,645,190 160,645,190
F1. Commercial Real 50,804,050 N/A 50,804,050 50,804,050
F2. Industrial Real 3,807,834 N/A 3,807,834 3,807,834
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 25,746,621 N/A 25,746,621 25,746,621
L1. Commercial Personal 25,652,680 N/A 25,652,680 25,652,680
L2. Industrial Personal 12,186,012 N/A 12,186,012 12,186,012
M. Other Personal 5,445,010 N/A 5,445,010 5,445,010
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 501,230 N/A 501,230 501,230
S. Special Inventory 6,079,290 N/A 6,079,290 6,079,290
Subtotal 515,275,817 515,275,817 515,275,817
Less Total Deductions 91,708,142   91,708,142 91,708,142
Total Taxable Value 423,567,675 423,567,675 423,567,675 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
443,812,764 423,567,675 443,812,764 423,567,675


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
20,245,089 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
443,812,764 423,567,675 443,812,764 423,567,675

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

234-907/Wills Point ISD



Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 263,928,286 N/A 263,928,286 263,928,286
B. Multi-Family Residences 3,368,180 N/A 3,368,180 3,368,180
C1. Vacant Lots 15,766,730 N/A 15,766,730 15,766,730
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 12,104,290 N/A 12,104,290 12,104,290
D2. Real Prop Farm & Ranch 6,903,720 N/A 6,903,720 6,903,720
E. Real Prop NonQual Acres 203,565,527 N/A 203,565,527 203,565,527
F1. Commercial Real 54,210,540 N/A 54,210,540 54,210,540
F2. Industrial Real 3,807,834 N/A 3,807,834 3,807,834
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 35,022,581 N/A 35,022,581 35,022,581
L1. Commercial Personal 32,598,170 N/A 32,598,170 32,598,170
L2. Industrial Personal 12,222,672 N/A 12,222,672 12,222,672
M. Other Personal 8,990,880 N/A 8,990,880 8,990,880
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 653,730 N/A 653,730 653,730
S. Special Inventory 6,094,800 N/A 6,094,800 6,094,800
Subtotal 659,237,940 659,237,940 659,237,940
Less Total Deductions 116,452,966   116,452,966 116,452,966
Total Taxable Value 542,784,974 542,784,974 542,784,974 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