taxes Property Tax Assistance

2016 ISD Summary Worksheet

074/Fannin

116-909/Wolfe City ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 615,300 N/A 615,300 615,300
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 0 N/A 0 0
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,002,341 N/A 1,002,341 1,002,341
D2. Real Prop Farm & Ranch 226,904 N/A 226,904 226,904
E. Real Prop NonQual Acres 2,418,086 N/A 2,418,086 2,418,086
F1. Commercial Real 77,740 N/A 77,740 77,740
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 1,205,570 N/A 1,205,570 1,205,570
L1. Commercial Personal 16,250 N/A 16,250 16,250
L2. Industrial Personal 27,170 N/A 27,170 27,170
M. Other Personal 0 N/A 0 0
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 5,589,361 5,589,361 5,589,361
Less Total Deductions 891,537   891,537 891,537
Total Taxable Value 4,697,824 4,697,824 4,697,824 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
4,847,743 4,697,824 4,847,743 4,697,824


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
149,919 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
4,847,743 4,697,824 4,847,743 4,697,824

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

116-909/Wolfe City ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 29,427,403 N/A 29,427,403 29,427,403
B. Multi-Family Residences 2,551,431 N/A 2,551,431 2,551,431
C1. Vacant Lots 1,806,638 N/A 1,806,638 1,806,638
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,824,530 N/A 3,824,530 3,824,530
D2. Real Prop Farm & Ranch 4,628,722 N/A 4,628,722 4,628,722
E. Real Prop NonQual Acres 69,342,345 N/A 69,342,345 69,342,345
F1. Commercial Real 7,061,350 N/A 7,061,350 7,061,350
F2. Industrial Real 1,363,560 N/A 1,363,560 1,363,560
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 6,695,460 N/A 6,695,460 6,695,460
L1. Commercial Personal 2,225,495 N/A 2,225,495 2,225,495
L2. Industrial Personal 3,904,999 N/A 3,904,999 3,904,999
M. Other Personal 960,070 N/A 960,070 960,070
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 10,340 N/A 10,340 10,340
Subtotal 133,802,343 133,802,343 133,802,343
Less Total Deductions 30,263,887   30,263,887 30,263,887
Total Taxable Value 103,538,456 103,538,456 103,538,456 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
110,066,704 103,538,456 110,066,704 103,538,456


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,528,248 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
110,066,704 103,538,456 110,066,704 103,538,456

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/Wolfe City ISD



Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 30,042,703 N/A 30,042,703 30,042,703
B. Multi-Family Residences 2,551,431 N/A 2,551,431 2,551,431
C1. Vacant Lots 1,806,638 N/A 1,806,638 1,806,638
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,826,871 N/A 4,826,871 4,826,871
D2. Real Prop Farm & Ranch 4,855,626 N/A 4,855,626 4,855,626
E. Real Prop NonQual Acres 71,760,431 N/A 71,760,431 71,760,431
F1. Commercial Real 7,139,090 N/A 7,139,090 7,139,090
F2. Industrial Real 1,363,560 N/A 1,363,560 1,363,560
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 7,901,030 N/A 7,901,030 7,901,030
L1. Commercial Personal 2,241,745 N/A 2,241,745 2,241,745
L2. Industrial Personal 3,932,169 N/A 3,932,169 3,932,169
M. Other Personal 960,070 N/A 960,070 960,070
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 10,340 N/A 10,340 10,340
Subtotal 139,391,704 139,391,704 139,391,704
Less Total Deductions 31,155,424   31,155,424 31,155,424
Total Taxable Value 108,236,280 108,236,280 108,236,280 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