taxes Property Tax Assistance

2022 ISD Summary Worksheet

212-Smith/Smith County

212-906/Whitehouse ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	2,176,008,668	N/A	2,176,008,668	2,176,008,668
B - MULTIFAMILY	138,802,915	N/A	138,802,915	138,802,915
C1 - VACANT LOTS	59,624,124	N/A	59,624,124	59,624,124
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	4,083,567	N/A	4,083,567	4,083,567
D2 - FARM & RANCH IMP	4,333,509	N/A	4,333,509	4,333,509
E - NON-AG LAND AND IMPROVEMENTS	259,512,978	N/A	259,512,978	259,512,978
F1 - COMMERCIAL REAL	296,887,842	N/A	296,887,842	296,887,842
F2 - INDUSTRIAL REAL	58,029,547	N/A	58,029,547	58,029,547
G - ALL MINERALS	3,556,395	N/A	3,556,395	3,556,395
J - ALL UTILITIES	61,513,607	N/A	61,513,607	61,513,607
L1 - COMMERCIAL PERSONAL	103,721,366	N/A	103,721,366	103,721,366
L2 - INDUSTRIAL PERSONAL	164,071,580	N/A	164,071,580	164,071,580
M1 - MOBILE HOMES	31,371,806	N/A	31,371,806	31,371,806
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	4,969,153	N/A	4,969,153	4,969,153
S - SPECIAL INVENTORY	1,847,476	N/A	1,847,476	1,847,476
Subtotal	3,368,334,533	0	3,368,334,533	3,368,334,533
Less Total Deductions	565,986,888	0	565,986,888	565,986,888
Total Taxable Value	2,802,347,645	0	2,802,347,645	2,802,347,645

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	T13
2,890,261,970	2,802,347,645	2,890,261,970	2,802,347,645	2,955,731,970

Loss to the Increase in the State-Mandated Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
87,914,325	0	65,470,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
2,890,261,970	2,802,347,645	2,890,261,970	2,802,347,645	2,955,731,970

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

212-906-02/Whitehouse ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	2,176,008,668	N/A	2,176,008,668	2,176,008,668
B - MULTIFAMILY	138,802,915	N/A	138,802,915	138,802,915
C1 - VACANT LOTS	59,624,124	N/A	59,624,124	59,624,124
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	4,083,567	N/A	4,083,567	4,083,567
D2 - FARM & RANCH IMP	4,333,509	N/A	4,333,509	4,333,509
E - NON-AG LAND AND IMPROVEMENTS	259,512,978	N/A	259,512,978	259,512,978
F1 - COMMERCIAL REAL	296,887,842	N/A	296,887,842	296,887,842
F2 - INDUSTRIAL REAL	58,029,547	N/A	58,029,547	58,029,547
G - ALL MINERALS	3,556,395	N/A	3,556,395	3,556,395
J - ALL UTILITIES	61,513,607	N/A	61,513,607	61,513,607
L1 - COMMERCIAL PERSONAL	103,721,366	N/A	103,721,366	103,721,366
L2 - INDUSTRIAL PERSONAL	164,071,580	N/A	164,071,580	164,071,580
M1 - MOBILE HOMES	31,371,806	N/A	31,371,806	31,371,806
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	4,969,153	N/A	4,969,153	4,969,153
S - SPECIAL INVENTORY	1,847,476	N/A	1,847,476	1,847,476
Subtotal	3,368,334,533		3,368,334,533	3,368,334,533
Less Total Deductions	565,986,888		565,986,888	565,986,888
Total Taxable Value	2,802,347,645		2,802,347,645	2,802,347,645

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	T13
2,890,261,970	2,802,347,645	2,890,261,970	2,802,347,645	2,955,731,970

Loss to the Increase in the State-Mandated Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
87,914,325	0	65,470,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
2,890,261,970	2,802,347,645	2,890,261,970	2,802,347,645	2,955,731,970

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement