taxes Property Tax Assistance

2018 ISD Summary Worksheet

073/Falls

073-904/Westphalia ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 2,632,030 .9282 2,835,628 2,632,030
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 36,630 N/A 36,630 36,630
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,359,255 .8787 2,685,070 2,359,255
D2. Real Prop Farm & Ranch 1,773,560 1.0196 1,739,466 1,773,560
E. Real Prop NonQual Acres 12,410,510 .9755 12,722,204 12,410,510
F1. Commercial Real 269,700 N/A 269,700 269,700
F2. Industrial Real 190,790 N/A 190,790 190,790
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 4,149,620 .9314 4,455,250 4,149,620
L1. Commercial Personal 267,910 N/A 267,910 267,910
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 127,500 N/A 127,500 127,500
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 24,217,505 25,330,148 24,217,505
Less Total Deductions 5,622,195   6,030,241 5,622,195
Total Taxable Value 18,595,310 19,299,907 18,595,310 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
19,769,008 18,595,310 19,769,008 18,595,310


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,173,698 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
19,769,008 18,595,310 19,769,008 18,595,310

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