taxes Property Tax Assistance

2023 ISD Summary Worksheet

074-Fannin/Fannin County

116-909/Wolfe City ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 1,344,510 N/A 1,344,510 1,344,510
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 787,940 N/A 787,940 787,940
D2 - FARM & RANCH IMP 435,760 N/A 435,760 435,760
E - NON-AG LAND AND IMPROVEMENTS 8,601,720 N/A 8,601,720 8,601,720
F1 - COMMERCIAL REAL 588,850 N/A 588,850 588,850
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 4,091,330 N/A 4,091,330 4,091,330
L1 - COMMERCIAL PERSONAL 5,200 N/A 5,200 5,200
L2 - INDUSTRIAL PERSONAL 271,400 N/A 271,400 271,400
M1 - MOBILE HOMES 165,900 N/A 165,900 165,900
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 16,292,610 0 16,292,610 16,292,610
Less Total Deductions 2,464,014 0 2,464,014 2,464,014
Total Taxable Value 13,828,596 0 13,828,596 13,828,596

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

Measure Value Description
T1 14,677,450 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 13,828,596 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 14,677,450 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 13,828,596 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 14,902,450 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 15,052,450 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 13,974,365 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 14,677,450 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 13,828,596 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 14,677,450 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 13,828,596 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 14,902,450 T13 plus the loss to the chapter 313 agreement
T16 15,052,450 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 13,974,365 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 848,854 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 225,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 150,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID BECAUSE THIS PORTION OF THE SCHOOL DISTRICT WAS TOO SMALL TO BE STUDIED, AND LOCAL VALUE WAS CERTIFIED

116-Hunt/Hunt County

116-909/Wolfe City ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 75,300,358 0.9583 78,577,020 75,300,358
B - MULTIFAMILY 5,472,480 N/A 5,472,480 5,472,480
C1 - VACANT LOTS 5,996,054 N/A 5,996,054 5,996,054
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,484,452 0.8818 5,085,452 4,484,452
D2 - FARM & RANCH IMP 11,024,630 N/A 11,024,630 11,024,630
E - NON-AG LAND AND IMPROVEMENTS 196,558,407 0.9675 203,161,144 196,558,407
F1 - COMMERCIAL REAL 11,974,323 N/A 11,974,323 11,974,323
F2 - INDUSTRIAL REAL 1,566,101 N/A 1,566,101 1,566,101
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 12,679,660 N/A 12,679,660 12,679,660
L1 - COMMERCIAL PERSONAL 3,198,437 N/A 3,198,437 3,198,437
L2 - INDUSTRIAL PERSONAL 3,950,530 N/A 3,950,530 3,950,530
M1 - MOBILE HOMES 4,483,890 N/A 4,483,890 4,483,890
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 6,890 N/A 6,890 6,890
Subtotal 336,696,212 0 347,176,611 336,696,212
Less Total Deductions 120,358,289 0 124,057,201 120,358,289
Total Taxable Value 216,337,923 0 223,119,410 216,337,923

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

Measure Value Description
T1 251,928,924 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 216,337,923 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 251,928,924 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 216,337,923 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 264,963,924 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 273,653,924 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 223,785,953 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 251,928,924 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 216,337,923 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 251,928,924 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 216,337,923 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 264,963,924 T13 plus the loss to the chapter 313 agreement
T16 273,653,924 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 223,785,953 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 35,591,001 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 13,035,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 8,690,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED

116-909-02/Wolfe City ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 76,644,868 0.9590 79,921,530 76,644,868
B - MULTIFAMILY 5,472,480 N/A 5,472,480 5,472,480
C1 - VACANT LOTS 5,996,054 N/A 5,996,054 5,996,054
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,272,392 0.8977 5,873,392 5,272,392
D2 - FARM & RANCH IMP 11,460,390 N/A 11,460,390 11,460,390
E - NON-AG LAND AND IMPROVEMENTS 205,160,127 0.9688 211,762,864 205,160,127
F1 - COMMERCIAL REAL 12,563,173 N/A 12,563,173 12,563,173
F2 - INDUSTRIAL REAL 1,566,101 N/A 1,566,101 1,566,101
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 16,770,990 N/A 16,770,990 16,770,990
L1 - COMMERCIAL PERSONAL 3,203,637 N/A 3,203,637 3,203,637
L2 - INDUSTRIAL PERSONAL 4,221,930 N/A 4,221,930 4,221,930
M1 - MOBILE HOMES 4,649,790 N/A 4,649,790 4,649,790
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 6,890 N/A 6,890 6,890
Subtotal 352,988,822 363,469,221 352,988,822
Less Total Deductions 122,822,303 126,521,215 122,822,303
Total Taxable Value 230,166,519 236,948,006 230,166,519

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

Measure Value Description
T1 266,606,374 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 230,166,519 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 266,606,374 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 230,166,519 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 279,866,374 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 288,706,374 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 237,760,318 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 266,606,374 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 230,166,519 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 266,606,374 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 230,166,519 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 279,866,374 T13 plus the loss to the chapter 313 agreement
T16 288,706,374 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 237,760,318 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 36,439,855 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 13,260,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 8,840,000 Loss to Second Previous Homestead Increase