taxes Property Tax Assistance

2019 ISD Summary Worksheet

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242-903/Wheeler ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
D1. QUALIFIED AG LAND	101,330	N/A	101,330	101,330
D2. REAL PROP:FARM & RANCH	250	N/A	250	250
E. REAL PROP NONQUAL ACREAGE	90,220	N/A	90,220	90,220
G. OIL,GAS,MINERALS	285,860	N/A	285,860	285,860
J. UTILITIES	685,720	N/A	685,720	685,720
L2. INDUSTRIAL PERSONAL	2,870	N/A	2,870	2,870
Subtotal	1,166,250	0	1,166,250	1,166,250
Less Total Deductions	28,730	0	28,730	28,730
Total Taxable Value	1,137,520	0	1,137,520	1,137,520

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
1,137,520	1,137,520	1,137,520	1,137,520

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
0	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
1,137,520	1,137,520	1,137,520	1,137,520

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

242-903-02/Wheeler ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
D1. QUALIFIED AG LAND	101,330	N/A	101,330	101,330
D2. REAL PROP:FARM & RANCH	250	N/A	250	250
E. REAL PROP NONQUAL ACREAGE	90,220	N/A	90,220	90,220
G. OIL,GAS,MINERALS	285,860	N/A	285,860	285,860
J. UTILITIES	685,720	N/A	685,720	685,720
L2. INDUSTRIAL PERSONAL	2,870	N/A	2,870	2,870
Subtotal	1,166,250		1,166,250	1,166,250
Less Total Deductions	28,730		28,730	28,730
Total Taxable Value	1,137,520		1,137,520	1,137,520

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
1,137,520	1,137,520	1,137,520	1,137,520

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
0	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
1,137,520	1,137,520	1,137,520	1,137,520

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