taxes Property Tax Assistance

2017 ISD Summary Worksheet

073/Falls

073-904/Westphalia ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 2,378,520 1.0023 2,373,062 2,378,520
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 36,630 N/A 36,630 36,630
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,354,825 .9257 2,543,934 2,354,825
D2. Real Prop Farm & Ranch 1,815,710 N/A 1,815,710 1,815,710
E. Real Prop NonQual Acres 12,454,410 .9100 13,686,165 12,454,410
F1. Commercial Real 204,710 N/A 204,710 204,710
F2. Industrial Real 185,210 N/A 185,210 185,210
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 4,195,700 .7380 5,685,230 4,195,700
L1. Commercial Personal 288,400 N/A 288,400 288,400
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 84,040 N/A 84,040 84,040
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 23,998,155 26,903,091 23,998,155
Less Total Deductions 6,025,371   6,012,401 6,025,371
Total Taxable Value 17,972,784 20,890,690 17,972,784 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
19,117,643 17,972,784 19,117,643 17,972,784


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,144,859 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
19,117,643 17,972,784 19,117,643 17,972,784

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