taxes Property Tax Assistance

2016 ISD Summary Worksheet

129/Kaufman

234-907/Wills Point ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 64,216,515 N/A 64,216,515 64,216,515
B. Multi-Family Residences 97,400 N/A 97,400 97,400
C1. Vacant Lots 8,004,280 N/A 8,004,280 8,004,280
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,978,280 N/A 2,978,280 2,978,280
D2. Real Prop Farm & Ranch 2,339,390 N/A 2,339,390 2,339,390
E. Real Prop NonQual Acres 42,922,257 N/A 42,922,257 42,922,257
F1. Commercial Real 3,406,490 N/A 3,406,490 3,406,490
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 9,275,960 N/A 9,275,960 9,275,960
L1. Commercial Personal 6,945,490 N/A 6,945,490 6,945,490
L2. Industrial Personal 36,660 N/A 36,660 36,660
M. Other Personal 3,545,870 N/A 3,545,870 3,545,870
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 152,500 N/A 152,500 152,500
S. Special Inventory 15,510 N/A 15,510 15,510
Subtotal 143,936,602 143,936,602 143,936,602
Less Total Deductions 25,059,311   25,059,311 25,059,311
Total Taxable Value 118,877,291 118,877,291 118,877,291 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
125,132,016 118,877,291 125,132,016 118,877,291


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,254,725 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
125,132,016 118,877,291 125,132,016 118,877,291

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 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 198,387,290 N/A 198,387,290 198,387,290
B. Multi-Family Residences 2,770,000 N/A 2,770,000 2,770,000
C1. Vacant Lots 7,713,020 N/A 7,713,020 7,713,020
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 9,198,080 N/A 9,198,080 9,198,080
D2. Real Prop Farm & Ranch 4,562,410 N/A 4,562,410 4,562,410
E. Real Prop NonQual Acres 160,665,680 N/A 160,665,680 160,665,680
F1. Commercial Real 50,796,890 N/A 50,796,890 50,796,890
F2. Industrial Real 3,807,834 N/A 3,807,834 3,807,834
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 25,747,373 N/A 25,747,373 25,747,373
L1. Commercial Personal 27,364,340 N/A 27,364,340 27,364,340
L2. Industrial Personal 12,179,144 N/A 12,179,144 12,179,144
M. Other Personal 5,437,620 N/A 5,437,620 5,437,620
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 501,230 N/A 501,230 501,230
S. Special Inventory 6,182,400 N/A 6,182,400 6,182,400
Subtotal 515,313,311 515,313,311 515,313,311
Less Total Deductions 93,371,430   93,371,430 93,371,430
Total Taxable Value 421,941,881 421,941,881 421,941,881 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
442,527,212 421,941,881 442,527,212 421,941,881


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
20,585,331 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
442,527,212 421,941,881 442,527,212 421,941,881

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/Wills Point ISD



Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 262,603,805 N/A 262,603,805 262,603,805
B. Multi-Family Residences 2,867,400 N/A 2,867,400 2,867,400
C1. Vacant Lots 15,717,300 N/A 15,717,300 15,717,300
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 12,176,360 N/A 12,176,360 12,176,360
D2. Real Prop Farm & Ranch 6,901,800 N/A 6,901,800 6,901,800
E. Real Prop NonQual Acres 203,587,937 N/A 203,587,937 203,587,937
F1. Commercial Real 54,203,380 N/A 54,203,380 54,203,380
F2. Industrial Real 3,807,834 N/A 3,807,834 3,807,834
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 35,023,333 N/A 35,023,333 35,023,333
L1. Commercial Personal 34,309,830 N/A 34,309,830 34,309,830
L2. Industrial Personal 12,215,804 N/A 12,215,804 12,215,804
M. Other Personal 8,983,490 N/A 8,983,490 8,983,490
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 653,730 N/A 653,730 653,730
S. Special Inventory 6,197,910 N/A 6,197,910 6,197,910
Subtotal 659,249,913 659,249,913 659,249,913
Less Total Deductions 118,430,741   118,430,741 118,430,741
Total Taxable Value 540,819,172 540,819,172 540,819,172 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