taxes Property Tax Assistance

2018 ISD Summary Worksheet

070/Ellis

070-912/Waxahachie ISD

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


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 2,483,021,916 .9579 2,592,151,494 2,483,021,916
B. Multi-Family Residences 195,108,955 .8331 234,196,321 195,108,955
C1. Vacant Lots 44,209,685 N/A 44,209,685 44,209,685
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 19,212,845 1.3972 13,750,944 19,212,845
D2. Real Prop Farm & Ranch 12,239,056 N/A 12,239,056 12,239,056
E. Real Prop NonQual Acres 215,423,069 .9211 233,875,876 215,423,069
F1. Commercial Real 542,464,873 .7842 691,743,016 542,464,873
F2. Industrial Real 179,046,633 N/A 179,046,633 179,046,633
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 105,580,948 N/A 105,580,948 105,580,948
L1. Commercial Personal 341,913,545 1.0166 336,330,459 341,913,545
L2. Industrial Personal 415,517,607 N/A 415,517,607 415,517,607
M. Other Personal 7,764,840 N/A 7,764,840 7,764,840
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 54,594,550 N/A 54,594,550 54,594,550
S. Special Inventory 15,656,340 N/A 15,656,340 15,656,340
Subtotal 4,631,754,862 4,936,657,769 4,631,754,862
Less Total Deductions 665,673,844   694,259,659 665,673,844
Total Taxable Value 3,966,081,018 4,242,398,110 3,966,081,018 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
4,063,552,252 3,966,081,018 4,063,552,252 3,966,081,018


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
97,471,234 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
4,063,552,252 3,966,081,018 4,063,552,252 3,966,081,018

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.