taxes Property Tax Assistance

2017 ISD Summary Worksheet

129/Kaufman

234-907/Wills Point ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 72,273,194 .8354 86,513,280 86,513,280
B. Multi-Family Residences 97,400 N/A 97,400 97,400
C1. Vacant Lots 8,053,970 1.0179 7,912,339 7,912,339
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,969,570 1.0148 2,926,316 2,926,316
D2. Real Prop Farm & Ranch 2,310,340 N/A 2,310,340 2,310,340
E. Real Prop NonQual Acres 47,199,614 .8100 58,271,128 58,271,128
F1. Commercial Real 3,680,910 N/A 3,680,910 3,680,910
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 9,459,500 1.0492 9,015,917 9,015,917
L1. Commercial Personal 7,331,470 N/A 7,331,470 7,331,470
L2. Industrial Personal 34,980 N/A 34,980 34,980
M. Other Personal 3,753,570 N/A 3,753,570 3,753,570
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 5,080 N/A 5,080 5,080
Subtotal 157,169,598 181,852,730 181,852,730
Less Total Deductions 28,399,030   34,609,208 34,609,208
Total Taxable Value 128,770,568 147,243,522 147,243,522 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
153,527,820 147,243,522 153,527,820 147,243,522


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,284,298 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
153,527,820 147,243,522 153,527,820 147,243,522

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 taxable value to be invalid, and state value was certified because your local value

did not exceed the state value and:

1) was invalid in one or more of the previous two years or

2) is less than 90% of the lower end of the margin of error range or

3) The appraisal district that appraises property for the school district was not in compliance with the scoring requirement of the Comptroller's most recent review of the appraisal district conducted under section 5.102, Tax Code (MAP Review)

234/Van Zandt

234-907/Wills Point ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 221,954,070 .9346 237,485,630 221,954,070
B. Multi-Family Residences 2,661,730 N/A 2,661,730 2,661,730
C1. Vacant Lots 7,583,340 N/A 7,583,340 7,583,340
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 9,174,570 1.0058 9,121,811 9,174,570
D2. Real Prop Farm & Ranch 6,050,040 N/A 6,050,040 6,050,040
E. Real Prop NonQual Acres 175,374,145 .9855 177,954,485 175,374,145
F1. Commercial Real 50,979,570 .9779 52,131,680 50,979,570
F2. Industrial Real 4,262,630 N/A 4,262,630 4,262,630
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 40,079,854 1.0809 37,080,076 40,079,854
L1. Commercial Personal 32,891,515 1.0093 32,588,442 32,891,515
L2. Industrial Personal 13,399,716 N/A 13,399,716 13,399,716
M. Other Personal 5,823,810 N/A 5,823,810 5,823,810
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 501,230 N/A 501,230 501,230
S. Special Inventory 6,037,900 N/A 6,037,900 6,037,900
Subtotal 576,774,120 592,682,520 576,774,120
Less Total Deductions 102,252,895   110,546,844 102,252,895
Total Taxable Value 474,521,225 482,135,676 474,521,225 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
495,097,197 474,521,225 495,097,197 474,521,225


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
20,575,972 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
495,097,197 474,521,225 495,097,197 474,521,225

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 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 294,227,264 .9081 323,998,910 308,467,350
B. Multi-Family Residences 2,759,130 N/A 2,759,130 2,759,130
C1. Vacant Lots 15,637,310 1.0091 15,495,679 15,495,679
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 12,144,140 1.0080 12,048,127 12,100,886
D2. Real Prop Farm & Ranch 8,360,380 N/A 8,360,380 8,360,380
E. Real Prop NonQual Acres 222,573,759 .9422 236,225,613 233,645,273
F1. Commercial Real 54,660,480 .9794 55,812,590 54,660,480
F2. Industrial Real 4,262,630 N/A 4,262,630 4,262,630
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 49,539,354 1.0747 46,095,993 49,095,771
L1. Commercial Personal 40,222,985 1.0076 39,919,912 40,222,985
L2. Industrial Personal 13,434,696 N/A 13,434,696 13,434,696
M. Other Personal 9,577,380 N/A 9,577,380 9,577,380
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 501,230 N/A 501,230 501,230
S. Special Inventory 6,042,980 N/A 6,042,980 6,042,980
Subtotal 733,943,718 774,535,250 758,626,850
Less Total Deductions 130,651,925   145,156,052 136,862,103
Total Taxable Value 603,291,793 629,379,198 621,764,747 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

Comptroller Of Public Accounts - Property Tax Division

2017 ISD Summary Worksheet

234-907/Wills Point ISD

Final Values Worksheet

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
648,625,017 621,764,747 648,625,017 621,764,747


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
26,860,270 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
648,625,017 621,764,747 648,625,017 621,764,747

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