taxes Property Tax Assistance

2017 ISD Summary Worksheet

001/Anderson

001-908/Westwood ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 168,344,395 .9628 174,848,769 168,344,395
B. Multi-Family Residences 3,228,971 N/A 3,228,971 3,228,971
C1. Vacant Lots 1,176,687 N/A 1,176,687 1,176,687
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,950,394 .8733 4,523,567 3,950,394
D2. Real Prop Farm & Ranch 924,989 N/A 924,989 924,989
E. Real Prop NonQual Acres 79,661,506 .9362 85,090,265 79,661,506
F1. Commercial Real 32,021,742 .9468 33,821,020 32,021,742
F2. Industrial Real 100,585,674 N/A 100,585,674 100,585,674
G. Oil, Gas, Minerals 4,372,569 N/A 4,372,569 4,372,569
J. Utilities 22,372,129 1.0344 21,628,122 22,372,129
L1. Commercial Personal 21,370,360 1.0049 21,266,156 21,370,360
L2. Industrial Personal 114,984,248 N/A 114,984,248 114,984,248
M. Other Personal 12,520,425 N/A 12,520,425 12,520,425
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 14,657 N/A 14,657 14,657
S. Special Inventory 228,916 N/A 228,916 228,916
Subtotal 565,757,662 579,215,035 565,757,662
Less Total Deductions 82,613,524   85,339,370 82,613,524
Total Taxable Value 483,144,138 493,875,665 483,144,138 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
500,324,286 483,144,138 500,324,286 483,144,138


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
17,180,148 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
500,324,286 483,144,138 500,324,286 483,144,138

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