taxes Property Tax Assistance

2017 ISD Summary Worksheet

014/Bell

014-903/Belton ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 2,485,145,379 .9649 2,575,547,082 2,485,145,379
B. Multi-Family Residences 104,550,725 N/A 104,550,725 104,550,725
C1. Vacant Lots 71,591,098 N/A 71,591,098 71,591,098
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 9,571,262 1.0437 9,170,579 9,571,262
D2. Real Prop Farm & Ranch 2,703,899 N/A 2,703,899 2,703,899
E. Real Prop NonQual Acres 188,710,111 .8654 218,061,141 188,710,111
F1. Commercial Real 226,394,367 .9630 235,092,801 226,394,367
F2. Industrial Real 22,250,362 N/A 22,250,362 22,250,362
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 61,826,996 N/A 61,826,996 61,826,996
L1. Commercial Personal 112,058,957 N/A 112,058,957 112,058,957
L2. Industrial Personal 74,255,326 N/A 74,255,326 74,255,326
M. Other Personal 5,081,069 N/A 5,081,069 5,081,069
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 79,039,364 N/A 79,039,364 79,039,364
S. Special Inventory 2,316,123 N/A 2,316,123 2,316,123
Subtotal 3,445,495,038 3,573,545,522 3,445,495,038
Less Total Deductions 576,986,982   598,305,278 576,986,982
Total Taxable Value 2,868,508,056 2,975,240,244 2,868,508,056 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
2,975,745,258 2,868,508,056 2,975,745,258 2,868,508,056


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
107,237,202 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
2,975,745,258 2,868,508,056 2,975,745,258 2,868,508,056

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