taxes Property Tax Assistance

2017 ISD Summary Worksheet

241/Wharton

241-902/East Bernard ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 173,151,882 .9814 176,433,546 173,151,882
B. Multi-Family Residences 1,432,347 N/A 1,432,347 1,432,347
C1. Vacant Lots 10,789,847 N/A 10,789,847 10,789,847
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 34,604,908 .8737 39,606,783 34,604,908
D2. Real Prop Farm & Ranch 115,812 N/A 115,812 115,812
E. Real Prop NonQual Acres 68,297,546 1.1430 59,752,884 68,297,546
F1. Commercial Real 18,586,937 .9959 18,663,457 18,586,937
F2. Industrial Real 11,824,786 N/A 11,824,786 11,824,786
G. Oil, Gas, Minerals 6,613,835 N/A 6,613,835 6,613,835
J. Utilities 28,614,155 1.0267 27,870,025 28,614,155
L1. Commercial Personal 11,764,929 N/A 11,764,929 11,764,929
L2. Industrial Personal 34,377,527 N/A 34,377,527 34,377,527
M. Other Personal 536,408 N/A 536,408 536,408
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 266,827 N/A 266,827 266,827
S. Special Inventory 3,591,552 N/A 3,591,552 3,591,552
Subtotal 404,569,298 403,640,565 404,569,298
Less Total Deductions 53,703,882   54,894,709 53,703,882
Total Taxable Value 350,865,416 348,745,856 350,865,416 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
360,984,028 350,865,416 360,984,028 350,865,416


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
10,118,612 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
360,984,028 350,865,416 360,984,028 350,865,416

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