taxes Property Tax Assistance

2019 ISD Summary Worksheet

242-Wheeler

242-903/Wheeler ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	39,491,860	0.9764	40,446,395	39,491,860
B. MULTIFAMILY RESIDENCES	1,297,370	N/A	1,297,370	1,297,370
C1. VACANT LOTS	747,840	N/A	747,840	747,840
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	7,363,230	1.0170	7,240,347	7,363,230
D2. REAL PROP:FARM & RANCH	2,126,810	N/A	2,126,810	2,126,810
E. REAL PROP NONQUAL ACREAGE	19,593,720	0.9612	20,384,644	19,593,720
F1. COMMERCIAL REAL	12,969,980	N/A	12,969,980	12,969,980
F2. INDUSTRIAL REAL	3,213,530	N/A	3,213,530	3,213,530
G. OIL,GAS,MINERALS	132,299,950	1.0001	132,286,721	132,299,950
J. UTILITIES	74,654,740	0.9851	75,783,920	74,654,740
L1. COMMERCIAL PERSONAL	7,171,320	N/A	7,171,320	7,171,320
L2. INDUSTRIAL PERSONAL	7,034,370	N/A	7,034,370	7,034,370
M. MOBILE HOMES	2,104,750	N/A	2,104,750	2,104,750
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	663,050	N/A	663,050	663,050
Subtotal	310,732,520	0	313,471,047	310,732,520
Less Total Deductions	17,958,444	0	18,300,542	17,958,444
Total Taxable Value	292,774,076	0	295,170,505	292,774,076

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
296,607,486	292,774,076	296,607,486	292,774,076

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
3,833,410	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
296,607,486	292,774,076	296,607,486	292,774,076

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
A. SINGLE-FAMILY RESIDENCES	39,491,860	0.9764	40,446,395	39,491,860
B. MULTIFAMILY RESIDENCES	1,297,370	N/A	1,297,370	1,297,370
C1. VACANT LOTS	747,840	N/A	747,840	747,840
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	7,363,230	1.0170	7,240,347	7,363,230
D2. REAL PROP:FARM & RANCH	2,126,810	N/A	2,126,810	2,126,810
E. REAL PROP NONQUAL ACREAGE	19,593,720	0.9612	20,384,644	19,593,720
F1. COMMERCIAL REAL	12,969,980	N/A	12,969,980	12,969,980
F2. INDUSTRIAL REAL	3,213,530	N/A	3,213,530	3,213,530
G. OIL,GAS,MINERALS	132,299,950	1.0001	132,286,721	132,299,950
J. UTILITIES	74,654,740	0.9851	75,783,920	74,654,740
L1. COMMERCIAL PERSONAL	7,171,320	N/A	7,171,320	7,171,320
L2. INDUSTRIAL PERSONAL	7,034,370	N/A	7,034,370	7,034,370
M. MOBILE HOMES	2,104,750	N/A	2,104,750	2,104,750
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	663,050	N/A	663,050	663,050
Subtotal	310,732,520		313,471,047	310,732,520
Less Total Deductions	17,958,444		18,300,542	17,958,444
Total Taxable Value	292,774,076		295,170,505	292,774,076

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
296,607,486	292,774,076	296,607,486	292,774,076

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
3,833,410	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
296,607,486	292,774,076	296,607,486	292,774,076

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