taxes Property Tax Assistance

2019 ISD Summary Worksheet

223-Terry

223-904/Wellman-Union CISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	2,726,646	N/A	2,726,646	2,726,646
C1. VACANT LOTS	36,054	N/A	36,054	36,054
D1. QUALIFIED AG LAND	37,403,270	1.6397	22,811,228	37,403,270
D2. REAL PROP:FARM & RANCH	2,117,018	N/A	2,117,018	2,117,018
E. REAL PROP NONQUAL ACREAGE	12,157,569	0.9279	13,102,241	12,157,569
F1. COMMERCIAL REAL	619,867	N/A	619,867	619,867
F2. INDUSTRIAL REAL	8,996,938	N/A	8,996,938	8,996,938
G. OIL,GAS,MINERALS	84,763,330	0.9883	85,766,802	84,763,330
J. UTILITIES	11,223,653	1.1237	9,988,122	11,223,653
L1. COMMERCIAL PERSONAL	499,158	N/A	499,158	499,158
L2. INDUSTRIAL PERSONAL	39,004,562	N/A	39,004,562	39,004,562
M. MOBILE HOMES	326,041	N/A	326,041	326,041
Subtotal	199,874,106	0	185,994,677	199,874,106
Less Total Deductions	2,511,018	0	2,511,018	2,511,018
Total Taxable Value	197,363,088	0	183,483,659	197,363,088

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
197,919,074	197,363,088	197,919,074	197,363,088

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
555,986	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
197,919,074	197,363,088	197,919,074	197,363,088

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE LOCAL VALUE IS GREATER THAN PTAD VALUE

223-904-02/Wellman-Union CISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	2,726,646	N/A	2,726,646	2,726,646
C1. VACANT LOTS	36,054	N/A	36,054	36,054
D1. QUALIFIED AG LAND	37,403,270	1.6397	22,811,228	37,403,270
D2. REAL PROP:FARM & RANCH	2,117,018	N/A	2,117,018	2,117,018
E. REAL PROP NONQUAL ACREAGE	12,157,569	0.9279	13,102,241	12,157,569
F1. COMMERCIAL REAL	619,867	N/A	619,867	619,867
F2. INDUSTRIAL REAL	8,996,938	N/A	8,996,938	8,996,938
G. OIL,GAS,MINERALS	84,763,330	0.9883	85,766,802	84,763,330
J. UTILITIES	11,223,653	1.1237	9,988,122	11,223,653
L1. COMMERCIAL PERSONAL	499,158	N/A	499,158	499,158
L2. INDUSTRIAL PERSONAL	39,004,562	N/A	39,004,562	39,004,562
M. MOBILE HOMES	326,041	N/A	326,041	326,041
Subtotal	199,874,106		185,994,677	199,874,106
Less Total Deductions	2,511,018		2,511,018	2,511,018
Total Taxable Value	197,363,088		183,483,659	197,363,088

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
197,919,074	197,363,088	197,919,074	197,363,088

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
555,986	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
197,919,074	197,363,088	197,919,074	197,363,088

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