taxes Property Tax Assistance

2016 ISD Summary Worksheet

237/Waller

237-905/Royal ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 237,832,947 .9863 241,136,517 237,832,947
B. Multi-Family Residences 8,840,129 N/A 8,840,129 8,840,129
C1. Vacant Lots 38,067,817 N/A 38,067,817 38,067,817
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 12,931,717 1.3273 9,742,862 12,931,717
D2. Real Prop Farm & Ranch 8,245,204 N/A 8,245,204 8,245,204
E. Real Prop NonQual Acres 191,064,421 .9254 206,466,848 191,064,421
F1. Commercial Real 161,667,113 1.0112 159,876,496 161,667,113
F2. Industrial Real 124,827,120 N/A 124,827,120 124,827,120
G. Oil, Gas, Minerals 12,044,759 N/A 12,044,759 12,044,759
J. Utilities 47,014,150 .9641 48,764,807 47,014,150
L1. Commercial Personal 293,093,848 1.0186 287,741,850 293,093,848
L2. Industrial Personal 92,141,220 N/A 92,141,220 92,141,220
M. Other Personal 9,373,870 N/A 9,373,870 9,373,870
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 1,173,920 N/A 1,173,920 1,173,920
Subtotal 1,238,318,235 1,248,443,419 1,238,318,235
Less Total Deductions 145,834,204   147,093,953 145,834,204
Total Taxable Value 1,092,484,031 1,101,349,466 1,092,484,031 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
1,105,447,893 1,092,484,031 1,102,192,370 1,089,228,508


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
12,963,862 3,255,523


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
1,123,915,383 1,110,951,521 1,120,659,860 1,107,695,998

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