taxes Property Tax Assistance

2016 ISD Summary Worksheet

241/Wharton

241-902/East Bernard ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 163,572,739 N/A 163,572,739 163,572,739
B. Multi-Family Residences 1,405,191 N/A 1,405,191 1,405,191
C1. Vacant Lots 10,360,924 N/A 10,360,924 10,360,924
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 34,539,719 N/A 34,539,719 34,539,719
D2. Real Prop Farm & Ranch 115,106 N/A 115,106 115,106
E. Real Prop NonQual Acres 65,393,785 N/A 65,393,785 65,393,785
F1. Commercial Real 18,443,290 N/A 18,443,290 18,443,290
F2. Industrial Real 11,884,842 N/A 11,884,842 11,884,842
G. Oil, Gas, Minerals 6,564,276 N/A 6,564,276 6,564,276
J. Utilities 28,343,023 N/A 28,343,023 28,343,023
L1. Commercial Personal 12,691,090 N/A 12,691,090 12,691,090
L2. Industrial Personal 37,511,100 N/A 37,511,100 37,511,100
M. Other Personal 518,246 N/A 518,246 518,246
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 266,827 N/A 266,827 266,827
S. Special Inventory 3,592,509 N/A 3,592,509 3,592,509
Subtotal 395,202,667 395,202,667 395,202,667
Less Total Deductions 52,760,223   52,760,223 52,760,223
Total Taxable Value 342,442,444 342,442,444 342,442,444 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
352,469,321 342,442,444 352,469,321 342,442,444


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
10,026,877 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
352,469,321 342,442,444 352,469,321 342,442,444

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