taxes Property Tax Assistance

2021 ISD Summary Worksheet

242-Wheeler /Wheeler County

242-905/Kelton ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 105,770 N/A 105,770 105,770
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 1,390 N/A 1,390 1,390
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,928,764 0.9969 4,944,334 4,928,764
D2 - FARM & RANCH IMP 1,601,440 N/A 1,601,440 1,601,440
E - NON-AG LAND AND IMPROVEMENTS 8,650,600 N/A 8,650,600 8,650,600
F1 - COMMERCIAL REAL 80,940 N/A 80,940 80,940
F2 - INDUSTRIAL REAL 99,021,840 N/A 99,021,840 99,021,840
G - ALL MINERALS 195,448,970 0.9834 198,748,190 195,448,970
J - ALL UTILITIES 131,703,680 0.9884 133,249,373 131,703,680
L1 - COMMERCIAL PERSONAL 2,315,130 N/A 2,315,130 2,315,130
L2 - INDUSTRIAL PERSONAL 910,050 N/A 910,050 910,050
M1 - MOBILE HOMES 292,990 N/A 292,990 292,990
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 445,061,564 0 449,922,047 445,061,564
Less Total Deductions 4,384,618 0 4,384,618 4,384,618
Total Taxable Value 440,676,946 0 445,537,429 440,676,946

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
440,977,116 440,676,946 440,977,116 440,676,946


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
300,170 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
440,977,116 440,676,946 440,977,116 440,676,946

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

242-905-02/Kelton ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 105,770 N/A 105,770 105,770
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 1,390 N/A 1,390 1,390
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,928,764 0.9969 4,944,334 4,928,764
D2 - FARM & RANCH IMP 1,601,440 N/A 1,601,440 1,601,440
E - NON-AG LAND AND IMPROVEMENTS 8,650,600 N/A 8,650,600 8,650,600
F1 - COMMERCIAL REAL 80,940 N/A 80,940 80,940
F2 - INDUSTRIAL REAL 99,021,840 N/A 99,021,840 99,021,840
G - ALL MINERALS 195,448,970 0.9834 198,748,190 195,448,970
J - ALL UTILITIES 131,703,680 0.9884 133,249,373 131,703,680
L1 - COMMERCIAL PERSONAL 2,315,130 N/A 2,315,130 2,315,130
L2 - INDUSTRIAL PERSONAL 910,050 N/A 910,050 910,050
M1 - MOBILE HOMES 292,990 N/A 292,990 292,990
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 445,061,564 449,922,047 445,061,564
Less Total Deductions 4,384,618 4,384,618 4,384,618
Total Taxable Value 440,676,946 445,537,429 440,676,946

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
440,977,116 440,676,946 440,977,116 440,676,946


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
300,170 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
440,977,116 440,676,946 440,977,116 440,676,946

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