taxes Property Tax Assistance

2018 ISD Summary Worksheet

062/Dewitt

062-905/Westhoff ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 131,710 N/A 131,710 131,710
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 1,400 N/A 1,400 1,400
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,074,820 .5996 3,460,480 2,074,820
D2. Real Prop Farm & Ranch 4,859,680 N/A 4,859,680 4,859,680
E. Real Prop NonQual Acres 34,011,550 N/A 34,011,550 34,011,550
F1. Commercial Real 786,630 N/A 786,630 786,630
F2. Industrial Real 30,658,930 N/A 30,658,930 30,658,930
G. Oil, Gas, Minerals 686,753,850 1.0065 682,318,778 686,753,850
J. Utilities 54,628,780 N/A 54,628,780 54,628,780
L1. Commercial Personal 4,374,580 N/A 4,374,580 4,374,580
L2. Industrial Personal 40,926,510 N/A 40,926,510 40,926,510
M. Other Personal 961,290 N/A 961,290 961,290
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 860,169,730 857,120,318 860,169,730
Less Total Deductions 10,177,024   10,177,024 10,177,024
Total Taxable Value 849,992,706 846,943,294 849,992,706 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
851,240,556 849,992,706 851,240,556 849,992,706


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,247,850 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
851,240,556 849,992,706 851,240,556 849,992,706

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