taxes Property Tax Assistance

2016 ISD Summary Worksheet

003/Angelina

037-909/Wells ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 1,372,770 N/A 1,372,770 1,372,770
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 117,510 N/A 117,510 117,510
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 321,953 N/A 321,953 321,953
D2. Real Prop Farm & Ranch 527,680 N/A 527,680 527,680
E. Real Prop NonQual Acres 996,380 N/A 996,380 996,380
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 484,401 N/A 484,401 484,401
J. Utilities 3,826,790 N/A 3,826,790 3,826,790
L1. Commercial Personal 33,980 N/A 33,980 33,980
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 120,730 N/A 120,730 120,730
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 7,802,194 7,802,194 7,802,194
Less Total Deductions 1,215,483   1,215,483 1,215,483
Total Taxable Value 6,586,711 6,586,711 6,586,711 T2

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
6,772,521 6,586,711 6,772,521 6,586,711


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
185,810 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
6,772,521 6,586,711 6,772,521 6,586,711

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

037/Cherokee

037-909/Wells ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 12,945,620 N/A 12,945,620 12,945,620
B. Multi-Family Residences 538,020 N/A 538,020 538,020
C1. Vacant Lots 826,810 N/A 826,810 826,810
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 7,382,799 N/A 7,382,799 7,382,799
D2. Real Prop Farm & Ranch 1,444,490 N/A 1,444,490 1,444,490
E. Real Prop NonQual Acres 24,600,280 N/A 24,600,280 24,600,280
F1. Commercial Real 1,656,440 N/A 1,656,440 1,656,440
F2. Industrial Real 218,910 N/A 218,910 218,910
G. Oil, Gas, Minerals 6,341,803 N/A 6,341,803 6,341,803
J. Utilities 19,697,560 N/A 19,697,560 19,697,560
L1. Commercial Personal 1,548,600 N/A 1,548,600 1,548,600
L2. Industrial Personal 10,308,940 N/A 10,308,940 10,308,940
M. Other Personal 745,710 N/A 745,710 745,710
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 88,255,982 88,255,982 88,255,982
Less Total Deductions 12,507,225   12,507,225 12,507,225
Total Taxable Value 75,748,757 75,748,757 75,748,757 T2

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
78,482,931 75,748,757 78,482,931 75,748,757


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,734,174 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
78,482,931 75,748,757 78,482,931 75,748,757

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

037-909/Wells ISD



Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 14,318,390 N/A 14,318,390 14,318,390
B. Multi-Family Residences 538,020 N/A 538,020 538,020
C1. Vacant Lots 944,320 N/A 944,320 944,320
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 7,704,752 N/A 7,704,752 7,704,752
D2. Real Prop Farm & Ranch 1,972,170 N/A 1,972,170 1,972,170
E. Real Prop NonQual Acres 25,596,660 N/A 25,596,660 25,596,660
F1. Commercial Real 1,656,440 N/A 1,656,440 1,656,440
F2. Industrial Real 218,910 N/A 218,910 218,910
G. Oil, Gas, Minerals 6,826,204 N/A 6,826,204 6,826,204
J. Utilities 23,524,350 N/A 23,524,350 23,524,350
L1. Commercial Personal 1,582,580 N/A 1,582,580 1,582,580
L2. Industrial Personal 10,308,940 N/A 10,308,940 10,308,940
M. Other Personal 866,440 N/A 866,440 866,440
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 96,058,176 96,058,176 96,058,176
Less Total Deductions 13,722,708   13,722,708 13,722,708
Total Taxable Value 82,335,468 82,335,468 82,335,468 T2

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