taxes Property Tax Assistance

2017 ISD Summary Worksheet

129/Kaufman

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	72,273,194	.8354	86,513,280	86,513,280
B. Multi-Family Residences	97,400	N/A	97,400	97,400
C1. Vacant Lots	8,053,970	1.0179	7,912,339	7,912,339
C2. Colonia Lots	0	N/A	0	0
D1. Rural Real(Taxable)	2,969,570	1.0148	2,926,316	2,926,316
D2. Real Prop Farm & Ranch	2,310,340	N/A	2,310,340	2,310,340
E. Real Prop NonQual Acres	47,199,614	.8100	58,271,128	58,271,128
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	9,459,500	1.0492	9,015,917	9,015,917
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	157,169,598		181,852,730	181,852,730
Less Total Deductions	28,399,030		34,609,208	34,609,208
Total Taxable Value	128,770,568		147,243,522	147,243,522 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
153,527,820	147,243,522	153,527,820	147,243,522

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
6,284,298	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
153,527,820	147,243,522	153,527,820	147,243,522

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 taxable value to be invalid, and state value was certified because your local value

did not exceed the state value and:

1) was invalid in one or more of the previous two years or

2) is less than 90% of the lower end of the margin of error range or

3) The appraisal district that appraises property for the school district was not in compliance with the scoring requirement of the Comptroller's most recent review of the appraisal district conducted under section 5.102, Tax Code (MAP Review)

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	221,954,070	.9346	237,485,630	221,954,070
B. Multi-Family Residences	2,661,730	N/A	2,661,730	2,661,730
C1. Vacant Lots	7,583,340	N/A	7,583,340	7,583,340
C2. Colonia Lots	0	N/A	0	0
D1. Rural Real(Taxable)	9,174,570	1.0058	9,121,811	9,174,570
D2. Real Prop Farm & Ranch	6,050,040	N/A	6,050,040	6,050,040
E. Real Prop NonQual Acres	175,374,145	.9855	177,954,485	175,374,145
F1. Commercial Real	50,979,570	.9779	52,131,680	50,979,570
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	32,891,515	1.0093	32,588,442	32,891,515
L2. Industrial Personal	13,399,716	N/A	13,399,716	13,399,716
M. Other Personal	5,823,810	N/A	5,823,810	5,823,810
N. Intangible Personal Prop	0	N/A	0	0
O. Residential Inventory	501,230	N/A	501,230	501,230
S. Special Inventory	6,037,900	N/A	6,037,900	6,037,900
Subtotal	576,774,120		592,682,520	576,774,120
Less Total Deductions	102,252,895		110,546,844	102,252,895
Total Taxable Value	474,521,225		482,135,676	474,521,225 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
495,097,197	474,521,225	495,097,197	474,521,225

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
20,575,972	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
495,097,197	474,521,225	495,097,197	474,521,225

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	294,227,264	.9081	323,998,910	308,467,350
B. Multi-Family Residences	2,759,130	N/A	2,759,130	2,759,130
C1. Vacant Lots	15,637,310	1.0091	15,495,679	15,495,679
C2. Colonia Lots	0	N/A	0	0
D1. Rural Real(Taxable)	12,144,140	1.0080	12,048,127	12,100,886
D2. Real Prop Farm & Ranch	8,360,380	N/A	8,360,380	8,360,380
E. Real Prop NonQual Acres	222,573,759	.9422	236,225,613	233,645,273
F1. Commercial Real	54,660,480	.9794	55,812,590	54,660,480
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	49,539,354	1.0747	46,095,993	49,095,771
L1. Commercial Personal	40,222,985	1.0076	39,919,912	40,222,985
L2. Industrial Personal	13,434,696	N/A	13,434,696	13,434,696
M. Other Personal	9,577,380	N/A	9,577,380	9,577,380
N. Intangible Personal Prop	0	N/A	0	0
O. Residential Inventory	501,230	N/A	501,230	501,230
S. Special Inventory	6,042,980	N/A	6,042,980	6,042,980
Subtotal	733,943,718		774,535,250	758,626,850
Less Total Deductions	130,651,925		145,156,052	136,862,103
Total Taxable Value	603,291,793		629,379,198	621,764,747 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
648,625,017	621,764,747	648,625,017	621,764,747

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
26,860,270	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
648,625,017	621,764,747	648,625,017	621,764,747

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