taxes Property Tax Assistance

2017 ISD Summary Worksheet

129/Kaufman

234-907/Wills Point ISD

* This district is in year 1 of the grace period.


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 72,268,634 .8456 85,464,326 72,268,634
B. Multi-Family Residences 97,400 N/A 97,400 97,400
C1. Vacant Lots 8,053,970 1.0179 7,912,339 8,053,970
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,973,350 1.0145 2,930,717 2,973,350
D2. Real Prop Farm & Ranch 2,260,080 N/A 2,260,080 2,260,080
E. Real Prop NonQual Acres 47,128,434 .8399 56,111,959 47,128,434
F1. Commercial Real 3,680,910 N/A 3,680,910 3,680,910
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 9,445,710 1.0492 9,002,774 9,445,710
L1. Commercial Personal 7,331,470 N/A 7,331,470 7,331,470
L2. Industrial Personal 34,980 N/A 34,980 34,980
M. Other Personal 3,753,570 N/A 3,753,570 3,753,570
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 5,080 N/A 5,080 5,080
Subtotal 157,033,588 178,585,605 157,033,588
Less Total Deductions 29,302,792   35,249,388 29,302,792
Total Taxable Value 127,730,796 143,336,217 127,730,796 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
134,196,474 127,730,796 134,196,474 127,730,796


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,465,678 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
134,196,474 127,730,796 134,196,474 127,730,796

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 invalid, but local value was certified because your school district is in year one of the grace period.

234/Van Zandt

234-907/Wills Point ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 221,554,070 .9346 237,057,640 221,554,070
B. Multi-Family Residences 2,661,730 N/A 2,661,730 2,661,730
C1. Vacant Lots 7,578,890 N/A 7,578,890 7,578,890
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 9,173,280 1.0058 9,120,568 9,173,280
D2. Real Prop Farm & Ranch 6,434,140 N/A 6,434,140 6,434,140
E. Real Prop NonQual Acres 175,318,665 .9855 177,898,189 175,318,665
F1. Commercial Real 51,101,710 .9779 52,256,580 51,101,710
F2. Industrial Real 4,262,630 N/A 4,262,630 4,262,630
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 40,079,854 1.0809 37,080,076 40,079,854
L1. Commercial Personal 32,982,591 1.0093 32,678,679 32,982,591
L2. Industrial Personal 13,399,716 N/A 13,399,716 13,399,716
M. Other Personal 5,797,590 N/A 5,797,590 5,797,590
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 501,230 N/A 501,230 501,230
S. Special Inventory 6,037,902 N/A 6,037,902 6,037,902
Subtotal 576,883,998 592,765,560 576,883,998
Less Total Deductions 103,045,096   111,382,536 103,045,096
Total Taxable Value 473,838,902 481,383,024 473,838,902 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
494,496,837 473,838,902 494,496,837 473,838,902


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
20,657,935 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
494,496,837 473,838,902 494,496,837 473,838,902

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 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 293,822,704 .9110 322,521,966 293,822,704
B. Multi-Family Residences 2,759,130 N/A 2,759,130 2,759,130
C1. Vacant Lots 15,632,860 1.0091 15,491,229 15,632,860
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 12,146,630 1.0079 12,051,285 12,146,630
D2. Real Prop Farm & Ranch 8,694,220 N/A 8,694,220 8,694,220
E. Real Prop NonQual Acres 222,447,099 .9506 234,010,148 222,447,099
F1. Commercial Real 54,782,620 .9794 55,937,490 54,782,620
F2. Industrial Real 4,262,630 N/A 4,262,630 4,262,630
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 49,525,564 1.0747 46,082,850 49,525,564
L1. Commercial Personal 40,314,061 1.0076 40,010,149 40,314,061
L2. Industrial Personal 13,434,696 N/A 13,434,696 13,434,696
M. Other Personal 9,551,160 N/A 9,551,160 9,551,160
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 501,230 N/A 501,230 501,230
S. Special Inventory 6,042,982 N/A 6,042,982 6,042,982
Subtotal 733,917,586 771,351,165 733,917,586
Less Total Deductions 132,347,888   146,631,924 132,347,888
Total Taxable Value 601,569,698 624,719,241 601,569,698 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

Comptroller Of Public Accounts - Property Tax Division

2017 ISD Summary Worksheet

234-907/Wills Point ISD

Final Values Worksheet

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
628,693,311 601,569,698 628,693,311 601,569,698


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
27,123,613 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
628,693,311 601,569,698 628,693,311 601,569,698

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