taxes Property Tax Assistance

2021 ISD Summary Worksheet

129-Kaufman /Kaufman County

234-907/Wills Point ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 161,554,783 0.9977 161,927,216 161,554,783
B - MULTIFAMILY 150,402 N/A 150,402 150,402
C1 - VACANT LOTS 11,988,783 N/A 11,988,783 11,988,783
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,574,884 0.9995 2,576,116 2,574,884
D2 - FARM & RANCH IMP 3,513,148 N/A 3,513,148 3,513,148
E - NON-AG LAND AND IMPROVEMENTS 106,241,999 0.9915 107,152,798 106,241,999
F1 - COMMERCIAL REAL 15,171,223 N/A 15,171,223 15,171,223
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 12,173,854 N/A 12,173,854 12,173,854
L1 - COMMERCIAL PERSONAL 10,141,579 N/A 10,141,579 10,141,579
L2 - INDUSTRIAL PERSONAL 968,412 N/A 968,412 968,412
M1 - MOBILE HOMES 8,585,427 N/A 8,585,427 8,585,427
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 186,692 N/A 186,692 186,692
S - SPECIAL INVENTORY 36,924 N/A 36,924 36,924
Subtotal 333,288,110 0 334,572,574 333,288,110
Less Total Deductions 73,286,929 0 73,474,893 73,286,929
Total Taxable Value 260,001,181 0 261,097,681 260,001,181

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
267,086,099 260,001,181 267,086,099 260,001,181


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
7,084,918 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
267,086,099 260,001,181 267,086,099 260,001,181

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 /Van Zandt County

234-907/Wills Point ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 338,243,373 0.9653 350,402,334 338,243,373
B - MULTIFAMILY 4,144,440 N/A 4,144,440 4,144,440
C1 - VACANT LOTS 11,012,880 N/A 11,012,880 11,012,880
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,219,904 1.1222 10,888,787 12,219,904
D2 - FARM & RANCH IMP 11,429,906 N/A 11,429,906 11,429,906
E - NON-AG LAND AND IMPROVEMENTS 297,576,445 0.9628 309,073,998 297,576,445
F1 - COMMERCIAL REAL 84,856,549 0.8837 96,024,159 84,856,549
F2 - INDUSTRIAL REAL 16,306,620 N/A 16,306,620 16,306,620
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 57,520,940 0.9380 61,322,964 57,520,940
L1 - COMMERCIAL PERSONAL 42,211,560 1.0307 40,954,264 42,211,560
L2 - INDUSTRIAL PERSONAL 32,770,330 N/A 32,770,330 32,770,330
M1 - MOBILE HOMES 11,577,740 N/A 11,577,740 11,577,740
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 235,630 N/A 235,630 235,630
S - SPECIAL INVENTORY 6,681,394 N/A 6,681,394 6,681,394
Subtotal 926,787,711 0 962,825,446 926,787,711
Less Total Deductions 148,857,829 0 155,402,243 148,857,829
Total Taxable Value 777,929,882 0 807,423,203 777,929,882

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
799,535,035 777,929,882 799,535,035 777,929,882


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
21,605,153 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
799,535,035 777,929,882 799,535,035 777,929,882

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 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 499,798,156 0.9755 512,329,550 499,798,156
B - MULTIFAMILY 4,294,842 N/A 4,294,842 4,294,842
C1 - VACANT LOTS 23,001,663 N/A 23,001,663 23,001,663
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 14,794,788 1.0988 13,464,903 14,794,788
D2 - FARM & RANCH IMP 14,943,054 N/A 14,943,054 14,943,054
E - NON-AG LAND AND IMPROVEMENTS 403,818,444 0.9702 416,226,796 403,818,444
F1 - COMMERCIAL REAL 100,027,772 0.8996 111,195,382 100,027,772
F2 - INDUSTRIAL REAL 16,306,620 N/A 16,306,620 16,306,620
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 69,694,794 0.9483 73,496,818 69,694,794
L1 - COMMERCIAL PERSONAL 52,353,139 1.0246 51,095,843 52,353,139
L2 - INDUSTRIAL PERSONAL 33,738,742 N/A 33,738,742 33,738,742
M1 - MOBILE HOMES 20,163,167 N/A 20,163,167 20,163,167
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 422,322 N/A 422,322 422,322
S - SPECIAL INVENTORY 6,718,318 N/A 6,718,318 6,718,318
Subtotal 1,260,075,821 1,297,398,020 1,260,075,821
Less Total Deductions 222,144,758 228,877,136 222,144,758
Total Taxable Value 1,037,931,063 1,068,520,884 1,037,931,063

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
1,066,621,134 1,037,931,063 1,066,621,134 1,037,931,063


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
28,690,071 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
1,066,621,134 1,037,931,063 1,066,621,134 1,037,931,063

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