taxes Property Tax Assistance

2022 ISD Summary Worksheet

241-Wharton/Wharton County

241-906/Louise ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	95,640,967	N/A	95,640,967	95,640,967
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	4,868,864	N/A	4,868,864	4,868,864
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	31,904,184	N/A	31,904,184	31,904,184
D2 - FARM & RANCH IMP	2,668,688	N/A	2,668,688	2,668,688
E - NON-AG LAND AND IMPROVEMENTS	93,934,793	N/A	93,934,793	93,934,793
F1 - COMMERCIAL REAL	41,416,961	N/A	41,416,961	41,416,961
F2 - INDUSTRIAL REAL	228,217,274	N/A	228,217,274	228,217,274
G - ALL MINERALS	2,942,345	N/A	2,942,345	2,942,345
J - ALL UTILITIES	96,553,891	N/A	96,553,891	96,553,891
L1 - COMMERCIAL PERSONAL	24,062,491	N/A	24,062,491	24,062,491
L2 - INDUSTRIAL PERSONAL	15,395,842	N/A	15,395,842	15,395,842
M1 - MOBILE HOMES	236,332	N/A	236,332	236,332
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	461,322	N/A	461,322	461,322
Subtotal	638,303,954	0	638,303,954	638,303,954
Less Total Deductions	241,536,238	0	241,536,238	241,536,238
Total Taxable Value	396,767,716	0	396,767,716	396,767,716

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	T13
405,125,794	396,767,716	405,125,794	396,767,716	411,265,794

Loss to the Increase in the State-Mandated Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
8,358,078	0	6,140,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
612,625,794	604,267,716	612,625,794	604,267,716	618,765,794

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

241-906-02/Louise ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	95,640,967	N/A	95,640,967	95,640,967
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	4,868,864	N/A	4,868,864	4,868,864
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	31,904,184	N/A	31,904,184	31,904,184
D2 - FARM & RANCH IMP	2,668,688	N/A	2,668,688	2,668,688
E - NON-AG LAND AND IMPROVEMENTS	93,934,793	N/A	93,934,793	93,934,793
F1 - COMMERCIAL REAL	41,416,961	N/A	41,416,961	41,416,961
F2 - INDUSTRIAL REAL	228,217,274	N/A	228,217,274	228,217,274
G - ALL MINERALS	2,942,345	N/A	2,942,345	2,942,345
J - ALL UTILITIES	96,553,891	N/A	96,553,891	96,553,891
L1 - COMMERCIAL PERSONAL	24,062,491	N/A	24,062,491	24,062,491
L2 - INDUSTRIAL PERSONAL	15,395,842	N/A	15,395,842	15,395,842
M1 - MOBILE HOMES	236,332	N/A	236,332	236,332
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	461,322	N/A	461,322	461,322
Subtotal	638,303,954		638,303,954	638,303,954
Less Total Deductions	241,536,238		241,536,238	241,536,238
Total Taxable Value	396,767,716		396,767,716	396,767,716

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	T13
405,125,794	396,767,716	405,125,794	396,767,716	411,265,794

Loss to the Increase in the State-Mandated Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
8,358,078	0	6,140,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
612,625,794	604,267,716	612,625,794	604,267,716	618,765,794

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement