taxes Property Tax Assistance

2018 ISD Summary Worksheet

212/Smith

212-906/Whitehouse ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 1,504,761,323 N/A 1,504,761,323 1,504,761,323
B. Multi-Family Residences 78,150,186 N/A 78,150,186 78,150,186
C1. Vacant Lots 42,514,368 N/A 42,514,368 42,514,368
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,456,063 N/A 4,456,063 4,456,063
D2. Real Prop Farm & Ranch 3,573,993 N/A 3,573,993 3,573,993
E. Real Prop NonQual Acres 177,154,760 N/A 177,154,760 177,154,760
F1. Commercial Real 276,082,857 N/A 276,082,857 276,082,857
F2. Industrial Real 30,513,407 N/A 30,513,407 30,513,407
G. Oil, Gas, Minerals 3,543,543 N/A 3,543,543 3,543,543
J. Utilities 45,627,417 N/A 45,627,417 45,627,417
L1. Commercial Personal 99,549,121 N/A 99,549,121 99,549,121
L2. Industrial Personal 114,280,796 N/A 114,280,796 114,280,796
M. Other Personal 19,039,649 N/A 19,039,649 19,039,649
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 6,352,985 N/A 6,352,985 6,352,985
S. Special Inventory 466,234 N/A 466,234 466,234
Subtotal 2,406,066,702 2,406,066,702 2,406,066,702
Less Total Deductions 347,117,864   347,117,864 347,117,864
Total Taxable Value 2,058,948,838 2,058,948,838 2,058,948,838 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
2,116,373,253 2,058,948,838 2,116,373,253 2,058,948,838


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
57,424,415 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
2,116,373,253 2,058,948,838 2,116,373,253 2,058,948,838

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