taxes Property Tax Assistance

2017 ISD Summary Worksheet

014/Bell

014-906/Killeen ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 6,380,549,998 1.0344 6,168,358,467 6,380,549,998
B. Multi-Family Residences 771,697,211 .9585 805,109,245 771,697,211
C1. Vacant Lots 184,440,410 N/A 184,440,410 184,440,410
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,897,929 1.2345 4,777,466 5,897,929
D2. Real Prop Farm & Ranch 1,725,076 N/A 1,725,076 1,725,076
E. Real Prop NonQual Acres 151,879,187 N/A 151,879,187 151,879,187
F1. Commercial Real 1,023,429,531 .9143 1,119,358,560 1,023,429,531
F2. Industrial Real 11,461,640 N/A 11,461,640 11,461,640
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 183,286,240 N/A 183,286,240 183,286,240
L1. Commercial Personal 386,934,717 .9306 415,790,583 386,934,717
L2. Industrial Personal 27,532,278 N/A 27,532,278 27,532,278
M. Other Personal 24,938,787 N/A 24,938,787 24,938,787
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 75,490,463 N/A 75,490,463 75,490,463
S. Special Inventory 55,734,621 N/A 55,734,621 55,734,621
Subtotal 9,284,998,088 9,229,883,023 9,284,998,088
Less Total Deductions 1,661,205,019   1,632,909,311 1,661,205,019
Total Taxable Value 7,623,793,069 7,596,973,712 7,623,793,069 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
7,903,612,271 7,623,793,069 7,903,612,271 7,623,793,069


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
279,819,202 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
7,903,612,271 7,623,793,069 7,903,612,271 7,623,793,069

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