taxes Property Tax Assistance

2021 ISD Summary Worksheet

074-Fannin /Fannin County

116-909/Wolfe City ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 971,600 N/A 971,600 971,600
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 0 N/A 0 0
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 582,970 N/A 582,970 582,970
D2 - FARM & RANCH IMP 405,320 N/A 405,320 405,320
E - NON-AG LAND AND IMPROVEMENTS 5,515,360 N/A 5,515,360 5,515,360
F1 - COMMERCIAL REAL 840,820 N/A 840,820 840,820
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 5,405,210 N/A 5,405,210 5,405,210
L1 - COMMERCIAL PERSONAL 80,290 N/A 80,290 80,290
L2 - INDUSTRIAL PERSONAL 273,910 N/A 273,910 273,910
M1 - MOBILE HOMES 0 N/A 0 0
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 14,075,480 0 14,075,480 14,075,480
Less Total Deductions 795,842 0 795,842 795,842
Total Taxable Value 13,279,638 0 13,279,638 13,279,638

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
13,410,671 13,279,638 13,410,671 13,279,638


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
131,033 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
13,410,671 13,279,638 13,410,671 13,279,638

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

116-Hunt /Hunt County

116-909/Wolfe City ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 47,938,525 0.9492 50,504,135 47,938,525
B - MULTIFAMILY 3,300,175 N/A 3,300,175 3,300,175
C1 - VACANT LOTS 2,134,566 N/A 2,134,566 2,134,566
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,166,700 0.9529 4,372,451 4,166,700
D2 - FARM & RANCH IMP 6,190,340 N/A 6,190,340 6,190,340
E - NON-AG LAND AND IMPROVEMENTS 131,276,064 0.9573 137,131,583 131,276,064
F1 - COMMERCIAL REAL 7,039,770 N/A 7,039,770 7,039,770
F2 - INDUSTRIAL REAL 1,169,750 N/A 1,169,750 1,169,750
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 10,457,090 N/A 10,457,090 10,457,090
L1 - COMMERCIAL PERSONAL 2,778,585 N/A 2,778,585 2,778,585
L2 - INDUSTRIAL PERSONAL 3,092,730 N/A 3,092,730 3,092,730
M1 - MOBILE HOMES 2,954,300 N/A 2,954,300 2,954,300
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 222,498,595 0 231,125,475 222,498,595
Less Total Deductions 53,055,638 0 56,019,580 53,055,638
Total Taxable Value 169,442,957 0 175,105,895 169,442,957

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
176,068,768 169,442,957 176,068,768 169,442,957


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,625,811 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
176,068,768 169,442,957 176,068,768 169,442,957

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

116-909-02/Wolfe City ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 48,910,125 0.9502 51,475,735 48,910,125
B - MULTIFAMILY 3,300,175 N/A 3,300,175 3,300,175
C1 - VACANT LOTS 2,134,566 N/A 2,134,566 2,134,566
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,749,670 0.9585 4,955,421 4,749,670
D2 - FARM & RANCH IMP 6,595,660 N/A 6,595,660 6,595,660
E - NON-AG LAND AND IMPROVEMENTS 136,791,424 0.9590 142,646,943 136,791,424
F1 - COMMERCIAL REAL 7,880,590 N/A 7,880,590 7,880,590
F2 - INDUSTRIAL REAL 1,169,750 N/A 1,169,750 1,169,750
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 15,862,300 N/A 15,862,300 15,862,300
L1 - COMMERCIAL PERSONAL 2,858,875 N/A 2,858,875 2,858,875
L2 - INDUSTRIAL PERSONAL 3,366,640 N/A 3,366,640 3,366,640
M1 - MOBILE HOMES 2,954,300 N/A 2,954,300 2,954,300
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 236,574,075 245,200,955 236,574,075
Less Total Deductions 53,851,480 56,815,422 53,851,480
Total Taxable Value 182,722,595 188,385,533 182,722,595

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
189,479,439 182,722,595 189,479,439 182,722,595


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
6,756,844 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
189,479,439 182,722,595 189,479,439 182,722,595

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