taxes Property Tax Assistance

2016 ISD Summary Worksheet

161/McLennan

161-914/Waco ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 2,360,009,909 .9398 2,511,183,134 2,360,009,909
B. Multi-Family Residences 703,257,822 .9193 764,992,736 703,257,822
C1. Vacant Lots 148,176,520 N/A 148,176,520 148,176,520
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,140,969 1.0694 1,066,949 1,140,969
D2. Real Prop Farm & Ranch 336,510 N/A 336,510 336,510
E. Real Prop NonQual Acres 12,182,883 N/A 12,182,883 12,182,883
F1. Commercial Real 1,642,564,778 .9758 1,683,300,654 1,642,564,778
F2. Industrial Real 66,668,302 N/A 66,668,302 66,668,302
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 136,569,492 N/A 136,569,492 136,569,492
L1. Commercial Personal 594,291,450 1.0211 582,011,018 594,291,450
L2. Industrial Personal 128,672,120 N/A 128,672,120 128,672,120
M. Other Personal 2,468,140 N/A 2,468,140 2,468,140
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 2,534,140 N/A 2,534,140 2,534,140
S. Special Inventory 31,488,290 N/A 31,488,290 31,488,290
Subtotal 5,830,361,325 6,071,650,888 5,830,361,325
Less Total Deductions 1,126,769,062   1,174,187,234 1,126,769,062
Total Taxable Value 4,703,592,263 4,897,463,654 4,703,592,263 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
4,845,162,967 4,703,592,263 4,845,162,967 4,703,592,263


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
141,570,704 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
4,845,162,967 4,703,592,263 4,845,162,967 4,703,592,263

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