taxes Property Tax Assistance

2016 ISD Summary Worksheet

062/Dewitt

062-905/Westhoff ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 101,820 N/A 101,820 101,820
B. Multi-Family Residences 60,320 N/A 60,320 60,320
C1. Vacant Lots 6,580 N/A 6,580 6,580
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,662,010 .9542 2,789,877 2,662,010
D2. Real Prop Farm & Ranch 3,955,850 N/A 3,955,850 3,955,850
E. Real Prop NonQual Acres 32,187,520 N/A 32,187,520 32,187,520
F1. Commercial Real 579,200 N/A 579,200 579,200
F2. Industrial Real 33,222,470 N/A 33,222,470 33,222,470
G. Oil, Gas, Minerals 976,343,620 1.0242 953,274,380 976,343,620
J. Utilities 77,101,470 N/A 77,101,470 77,101,470
L1. Commercial Personal 2,912,720 N/A 2,912,720 2,912,720
L2. Industrial Personal 30,796,310 N/A 30,796,310 30,796,310
M. Other Personal 1,022,900 N/A 1,022,900 1,022,900
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 1,160,952,790 1,138,011,417 1,160,952,790
Less Total Deductions 11,005,308   11,005,308 11,005,308
Total Taxable Value 1,149,947,482 1,127,006,109 1,149,947,482 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
1,151,226,762 1,149,947,482 1,151,226,762 1,149,947,482


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,279,280 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
1,151,226,762 1,149,947,482 1,151,226,762 1,149,947,482

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