taxes Property Tax Assistance

2018 ISD Summary Worksheet

241/Wharton

241-906/Louise ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 73,908,329 N/A 73,908,329 73,908,329
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 4,903,892 N/A 4,903,892 4,903,892
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 39,025,108 N/A 39,025,108 39,025,108
D2. Real Prop Farm & Ranch 2,004,632 N/A 2,004,632 2,004,632
E. Real Prop NonQual Acres 57,250,862 N/A 57,250,862 57,250,862
F1. Commercial Real 27,233,184 N/A 27,233,184 27,233,184
F2. Industrial Real 519,321 N/A 519,321 519,321
G. Oil, Gas, Minerals 2,931,893 N/A 2,931,893 2,931,893
J. Utilities 46,025,110 N/A 46,025,110 46,025,110
L1. Commercial Personal 25,297,421 N/A 25,297,421 25,297,421
L2. Industrial Personal 18,185,108 N/A 18,185,108 18,185,108
M. Other Personal 199,378 N/A 199,378 199,378
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 511,744 N/A 511,744 511,744
Subtotal 297,995,982 297,995,982 297,995,982
Less Total Deductions 29,670,731   29,670,731 29,670,731
Total Taxable Value 268,325,251 268,325,251 268,325,251 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
273,978,807 268,325,251 273,978,807 268,325,251


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,653,556 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
273,978,807 268,325,251 273,978,807 268,325,251

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