taxes Property Tax Assistance

2019 ISD Summary Worksheet

241-Wharton

241-904/Wharton ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 427,333,429 0.9761 437,796,772 427,333,429
B. MULTIFAMILY RESIDENCES 19,749,121 N/A 19,749,121 19,749,121
C1. VACANT LOTS 23,440,646 N/A 23,440,646 23,440,646
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 31,544,425 1.1272 27,985,370 31,544,425
D2. REAL PROP:FARM & RANCH 3,354,900 N/A 3,354,900 3,354,900
E. REAL PROP NONQUAL ACREAGE 73,273,202 1.0687 68,562,929 73,273,202
F1. COMMERCIAL REAL 122,848,743 0.8100 151,665,115 122,848,743
F2. INDUSTRIAL REAL 561,754,662 N/A 561,754,662 561,754,662
G. OIL,GAS,MINERALS 43,039,581 0.9985 43,104,237 43,039,581
J. UTILITIES 65,355,942 0.8351 78,261,217 65,355,942
L1. COMMERCIAL PERSONAL 52,940,153 1.0010 52,887,266 52,940,153
L2. INDUSTRIAL PERSONAL 143,573,976 N/A 143,573,976 143,573,976
M. MOBILE HOMES 1,661,746 N/A 1,661,746 1,661,746
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 319,576 N/A 319,576 319,576
S. SPECIAL INVENTORY 2,156,131 N/A 2,156,131 2,156,131
Subtotal 1,572,346,233 0 1,616,273,664 1,572,346,233
Less Total Deductions 223,031,120 0 227,289,867 223,031,120
Total Taxable Value 1,349,315,113 0 1,388,983,797 1,349,315,113

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
1,372,241,543 1,349,315,113 1,372,241,543 1,349,315,113


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
22,926,430 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
1,372,241,543 1,349,315,113 1,372,241,543 1,349,315,113

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

241-904-02/Wharton ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 427,333,429 0.9761 437,796,772 427,333,429
B. MULTIFAMILY RESIDENCES 19,749,121 N/A 19,749,121 19,749,121
C1. VACANT LOTS 23,440,646 N/A 23,440,646 23,440,646
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 31,544,425 1.1272 27,985,370 31,544,425
D2. REAL PROP:FARM & RANCH 3,354,900 N/A 3,354,900 3,354,900
E. REAL PROP NONQUAL ACREAGE 73,273,202 1.0687 68,562,929 73,273,202
F1. COMMERCIAL REAL 122,848,743 0.8100 151,665,115 122,848,743
F2. INDUSTRIAL REAL 561,754,662 N/A 561,754,662 561,754,662
G. OIL,GAS,MINERALS 43,039,581 0.9985 43,104,237 43,039,581
J. UTILITIES 65,355,942 0.8351 78,261,217 65,355,942
L1. COMMERCIAL PERSONAL 52,940,153 1.0010 52,887,266 52,940,153
L2. INDUSTRIAL PERSONAL 143,573,976 N/A 143,573,976 143,573,976
M. MOBILE HOMES 1,661,746 N/A 1,661,746 1,661,746
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 319,576 N/A 319,576 319,576
S. SPECIAL INVENTORY 2,156,131 N/A 2,156,131 2,156,131
Subtotal 1,572,346,233 1,616,273,664 1,572,346,233
Less Total Deductions 223,031,120 227,289,867 223,031,120
Total Taxable Value 1,349,315,113 1,388,983,797 1,349,315,113

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
1,372,241,543 1,349,315,113 1,372,241,543 1,349,315,113


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
22,926,430 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
1,372,241,543 1,349,315,113 1,372,241,543 1,349,315,113

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