taxes Property Tax Assistance

2017 ISD Summary Worksheet

212/Smith

212-906/Whitehouse ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 1,447,997,508 1.0017 1,445,540,090 1,447,997,508
B. Multi-Family Residences 72,718,700 N/A 72,718,700 72,718,700
C1. Vacant Lots 40,922,424 N/A 40,922,424 40,922,424
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,504,007 1.1614 3,878,074 4,504,007
D2. Real Prop Farm & Ranch 3,520,051 N/A 3,520,051 3,520,051
E. Real Prop NonQual Acres 178,330,097 1.0232 174,286,647 178,330,097
F1. Commercial Real 237,847,866 .9498 250,418,895 237,847,866
F2. Industrial Real 30,714,411 N/A 30,714,411 30,714,411
G. Oil, Gas, Minerals 3,786,420 N/A 3,786,420 3,786,420
J. Utilities 47,303,226 N/A 47,303,226 47,303,226
L1. Commercial Personal 87,144,027 N/A 87,144,027 87,144,027
L2. Industrial Personal 117,517,192 N/A 117,517,192 117,517,192
M. Other Personal 18,014,690 N/A 18,014,690 18,014,690
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 5,713,834 N/A 5,713,834 5,713,834
S. Special Inventory 416,637 N/A 416,637 416,637
Subtotal 2,296,451,090 2,301,895,318 2,296,451,090
Less Total Deductions 349,939,160   349,234,929 349,939,160
Total Taxable Value 1,946,511,930 1,952,660,389 1,946,511,930 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
2,003,829,491 1,946,511,930 2,003,829,491 1,946,511,930


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
57,317,561 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
2,003,829,491 1,946,511,930 2,003,829,491 1,946,511,930

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