taxes Property Tax Assistance

2020 ISD Summary Worksheet

129-Kaufman

234-907/Wills Point ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 133,885,576 0.9926 134,883,715 133,885,576
B - MULTIFAMILY 156,080 N/A 156,080 156,080
C1 - VACANT LOTS 11,863,536 N/A 11,863,536 11,863,536
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,842,210 1.0011 2,839,170 2,842,210
D2 - FARM & RANCH IMP 2,793,448 N/A 2,793,448 2,793,448
E - NON-AG LAND AND IMPROVEMENTS 81,169,285 0.9859 82,330,140 81,169,285
F1 - COMMERCIAL REAL 12,656,374 N/A 12,656,374 12,656,374
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 11,703,010 N/A 11,703,010 11,703,010
L1 - COMMERCIAL PERSONAL 10,533,090 N/A 10,533,090 10,533,090
L2 - INDUSTRIAL PERSONAL 1,367,600 N/A 1,367,600 1,367,600
M1 - MOBILE HOMES 12,773,150 N/A 12,773,150 12,773,150
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 147,500 N/A 147,500 147,500
S - SPECIAL INVENTORY 38,720 N/A 38,720 38,720
Subtotal 281,929,579 0 284,085,533 281,929,579
Less Total Deductions 62,132,242 0 62,654,820 62,132,242
Total Taxable Value 219,797,337 0 221,430,713 219,797,337

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
226,812,465 219,797,337 226,812,465 219,797,337


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
7,015,128 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
226,812,465 219,797,337 226,812,465 219,797,337

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-Van Zandt

234-907/Wills Point ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 298,706,310 0.9819 304,212,557 298,706,310
B - MULTIFAMILY 3,343,494 N/A 3,343,494 3,343,494
C1 - VACANT LOTS 10,340,940 N/A 10,340,940 10,340,940
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 10,718,259 0.9464 11,325,707 10,718,259
D2 - FARM & RANCH IMP 8,967,810 N/A 8,967,810 8,967,810
E - NON-AG LAND AND IMPROVEMENTS 259,578,401 0.9663 268,631,275 259,578,401
F1 - COMMERCIAL REAL 69,663,685 0.7677 90,743,370 69,663,685
F2 - INDUSTRIAL REAL 5,173,315 N/A 5,173,315 5,173,315
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 44,376,245 0.9713 45,687,476 44,376,245
L1 - COMMERCIAL PERSONAL 44,544,080 1.0284 43,313,963 44,544,080
L2 - INDUSTRIAL PERSONAL 17,640,277 N/A 17,640,277 17,640,277
M1 - MOBILE HOMES 10,086,160 N/A 10,086,160 10,086,160
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 336,340 N/A 336,340 336,340
S - SPECIAL INVENTORY 5,693,457 N/A 5,693,457 5,693,457
Subtotal 789,168,773 0 825,496,141 789,168,773
Less Total Deductions 133,900,496 0 136,959,157 133,900,496
Total Taxable Value 655,268,277 0 688,536,984 655,268,277

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
676,457,018 655,268,277 676,457,018 655,268,277


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
21,188,741 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
676,457,018 655,268,277 676,457,018 655,268,277

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

234-907-02/Wills Point ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 432,591,886 0.9852 439,096,272 432,591,886
B - MULTIFAMILY 3,499,574 N/A 3,499,574 3,499,574
C1 - VACANT LOTS 22,204,476 N/A 22,204,476 22,204,476
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 13,560,469 0.9573 14,164,877 13,560,469
D2 - FARM & RANCH IMP 11,761,258 N/A 11,761,258 11,761,258
E - NON-AG LAND AND IMPROVEMENTS 340,747,686 0.9709 350,961,415 340,747,686
F1 - COMMERCIAL REAL 82,320,059 0.7961 103,399,744 82,320,059
F2 - INDUSTRIAL REAL 5,173,315 N/A 5,173,315 5,173,315
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 56,079,255 0.9772 57,390,486 56,079,255
L1 - COMMERCIAL PERSONAL 55,077,170 1.0228 53,847,053 55,077,170
L2 - INDUSTRIAL PERSONAL 19,007,877 N/A 19,007,877 19,007,877
M1 - MOBILE HOMES 22,859,310 N/A 22,859,310 22,859,310
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 483,840 N/A 483,840 483,840
S - SPECIAL INVENTORY 5,732,177 N/A 5,732,177 5,732,177
Subtotal 1,071,098,352 1,109,581,674 1,071,098,352
Less Total Deductions 196,032,738 199,613,977 196,032,738
Total Taxable Value 875,065,614 909,967,697 875,065,614

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
903,269,483 875,065,614 903,269,483 875,065,614


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
28,203,869 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
903,269,483 875,065,614 903,269,483 875,065,614

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