taxes Property Tax Assistance

2018 ISD Summary Worksheet

073-Falls

073-904/Westphalia ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	2,632,030	0.9282	2,835,628	2,632,030
B. MULTIFAMILY 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. QUALIFIED AG LAND	2,359,255	0.8787	2,685,070	2,359,255
D2. REAL PROP:FARM & RANCH	1,773,560	1.0196	1,739,466	1,773,560
E. REAL PROP NONQUAL ACREAGE	12,410,510	0.9755	12,722,204	12,410,510
F1. COMMERCIAL REAL	269,700	N/A	269,700	269,700
F2. INDUSTRIAL REAL	190,790	N/A	190,790	190,790
G. OIL,GAS,MINERALS	0	N/A	0	0
J. UTILITIES	4,149,620	0.9314	4,455,250	4,149,620
L1. COMMERCIAL PERSONAL	267,910	N/A	267,910	267,910
L2. INDUSTRIAL PERSONAL	0	N/A	0	0
M. MOBILE HOMES	127,500	N/A	127,500	127,500
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	24,217,505	0	25,330,148	24,217,505
Less Total Deductions	5,622,195	0	6,030,241	5,622,195
Total Taxable Value	18,595,310	0	19,299,907	18,595,310

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
19,769,008	18,595,310	19,769,008	18,595,310

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
1,173,698	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
19,769,008	18,595,310	19,769,008	18,595,310

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

073-904-02/Westphalia ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	2,632,030	0.9282	2,835,628	2,632,030
B. MULTIFAMILY 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. QUALIFIED AG LAND	2,359,255	0.8787	2,685,070	2,359,255
D2. REAL PROP:FARM & RANCH	1,773,560	1.0196	1,739,466	1,773,560
E. REAL PROP NONQUAL ACREAGE	12,410,510	0.9755	12,722,204	12,410,510
F1. COMMERCIAL REAL	269,700	N/A	269,700	269,700
F2. INDUSTRIAL REAL	190,790	N/A	190,790	190,790
G. OIL,GAS,MINERALS	0	N/A	0	0
J. UTILITIES	4,149,620	0.9314	4,455,250	4,149,620
L1. COMMERCIAL PERSONAL	267,910	N/A	267,910	267,910
L2. INDUSTRIAL PERSONAL	0	N/A	0	0
M. MOBILE HOMES	127,500	N/A	127,500	127,500
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	24,217,505		25,330,148	24,217,505
Less Total Deductions	5,622,195		6,030,241	5,622,195
Total Taxable Value	18,595,310		19,299,907	18,595,310

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
19,769,008	18,595,310	19,769,008	18,595,310

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
1,173,698	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
19,769,008	18,595,310	19,769,008	18,595,310

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