taxes Property Tax Assistance

2019 ISD Summary Worksheet

044-Collingsworth

044-902/Wellington ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 44,818,690 0.8415 53,260,475 53,260,475
B. MULTIFAMILY RESIDENCES 371,050 N/A 371,050 371,050
C1. VACANT LOTS 937,610 N/A 937,610 937,610
C2. COLONIA LOTS 60,430 N/A 60,430 60,430
D1. QUALIFIED AG LAND 35,098,874 0.7213 48,658,831 48,658,831
D2. REAL PROP:FARM & RANCH 6,668,110 N/A 6,668,110 6,668,110
E. REAL PROP NONQUAL ACREAGE 17,814,910 1.0089 17,657,756 17,657,756
F1. COMMERCIAL REAL 10,524,240 0.8968 11,735,326 11,735,326
F2. INDUSTRIAL REAL 3,349,540 N/A 3,349,540 3,349,540
G. OIL,GAS,MINERALS 2,420,660 N/A 2,420,660 2,420,660
J. UTILITIES 52,957,200 N/A 52,957,200 52,957,200
L1. COMMERCIAL PERSONAL 1,258,380 1.0230 1,230,088 1,230,088
L2. INDUSTRIAL PERSONAL 7,986,690 N/A 7,986,690 7,986,690
M. MOBILE HOMES 176,400 N/A 176,400 176,400
Subtotal 184,442,784 0 207,470,166 207,470,166
Less Total Deductions 24,317,049 0 27,238,978 27,238,978
Total Taxable Value 160,125,735 0 180,231,188 180,231,188

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
185,180,748 180,231,188 185,180,748 180,231,188


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,949,560 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
185,180,748 180,231,188 185,180,748 180,231,188

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)

044-902-02/Wellington ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 44,818,690 0.8415 53,260,475 53,260,475
B. MULTIFAMILY RESIDENCES 371,050 N/A 371,050 371,050
C1. VACANT LOTS 937,610 N/A 937,610 937,610
C2. COLONIA LOTS 60,430 N/A 60,430 60,430
D1. QUALIFIED AG LAND 35,098,874 0.7213 48,658,831 48,658,831
D2. REAL PROP:FARM & RANCH 6,668,110 N/A 6,668,110 6,668,110
E. REAL PROP NONQUAL ACREAGE 17,814,910 1.0089 17,657,756 17,657,756
F1. COMMERCIAL REAL 10,524,240 0.8968 11,735,326 11,735,326
F2. INDUSTRIAL REAL 3,349,540 N/A 3,349,540 3,349,540
G. OIL,GAS,MINERALS 2,420,660 N/A 2,420,660 2,420,660
J. UTILITIES 52,957,200 N/A 52,957,200 52,957,200
L1. COMMERCIAL PERSONAL 1,258,380 1.0230 1,230,088 1,230,088
L2. INDUSTRIAL PERSONAL 7,986,690 N/A 7,986,690 7,986,690
M. MOBILE HOMES 176,400 N/A 176,400 176,400
Subtotal 184,442,784 207,470,166 207,470,166
Less Total Deductions 24,317,049 27,238,978 27,238,978
Total Taxable Value 160,125,735 180,231,188 180,231,188

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
185,180,748 180,231,188 185,180,748 180,231,188


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
4,949,560 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
185,180,748 180,231,188 185,180,748 180,231,188

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