taxes Property Tax Assistance

2023 ISD Summary Worksheet

Westphalia ISD (all splits)   Falls County  

073-Falls/Falls County

073-904/Westphalia ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 5,733,260 N/A 5,733,260 5,733,260
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 55,300 N/A 55,300 55,300
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,331,015 N/A 2,331,015 2,331,015
D2 - FARM & RANCH IMP 1,972,700 N/A 1,972,700 1,972,700
E - NON-AG LAND AND IMPROVEMENTS 18,544,560 N/A 18,544,560 18,544,560
F1 - COMMERCIAL REAL 667,420 N/A 667,420 667,420
F2 - INDUSTRIAL REAL 350,620 N/A 350,620 350,620
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 3,826,990 N/A 3,826,990 3,826,990
L1 - COMMERCIAL PERSONAL 277,510 N/A 277,510 277,510
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 534,190 N/A 534,190 534,190
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 34,293,565 0 34,293,565 34,293,565
Less Total Deductions 14,970,957 0 14,970,957 14,970,957
Total Taxable Value 19,322,608 0 19,322,608 19,322,608

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

Measure Value Description
T1 24,986,163 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 19,322,608 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 24,986,163 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 19,322,608 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 26,981,163 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 28,311,163 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 20,251,308 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 24,986,163 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 19,322,608 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 24,986,163 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 19,322,608 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 26,981,163 T13 plus the loss to the chapter 313 agreement
T16 28,311,163 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 20,251,308 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 5,663,555 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 1,995,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 1,330,000 Loss to Second Previous Homestead Increase

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


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073-904-02/Westphalia ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 5,733,260 N/A 5,733,260 5,733,260
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 55,300 N/A 55,300 55,300
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,331,015 N/A 2,331,015 2,331,015
D2 - FARM & RANCH IMP 1,972,700 N/A 1,972,700 1,972,700
E - NON-AG LAND AND IMPROVEMENTS 18,544,560 N/A 18,544,560 18,544,560
F1 - COMMERCIAL REAL 667,420 N/A 667,420 667,420
F2 - INDUSTRIAL REAL 350,620 N/A 350,620 350,620
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 3,826,990 N/A 3,826,990 3,826,990
L1 - COMMERCIAL PERSONAL 277,510 N/A 277,510 277,510
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 534,190 N/A 534,190 534,190
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 34,293,565 34,293,565 34,293,565
Less Total Deductions 14,970,957 14,970,957 14,970,957
Total Taxable Value 19,322,608 19,322,608 19,322,608

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

Measure Value Description
T1 24,986,163 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 19,322,608 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 24,986,163 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 19,322,608 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 26,981,163 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 28,311,163 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 20,251,308 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 24,986,163 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 19,322,608 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 24,986,163 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 19,322,608 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 26,981,163 T13 plus the loss to the chapter 313 agreement
T16 28,311,163 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 20,251,308 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 5,663,555 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 1,995,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 1,330,000 Loss to Second Previous Homestead Increase

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