taxes Property Tax Assistance

2022 ISD Summary Worksheet

038-Childress /Childress County

044-902/Wellington ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 0 N/A 0 0
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 0 N/A 0 0
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 11,314,673 0.9683 11,685,399 11,314,673
D2 - FARM & RANCH IMP 1,569,713 N/A 1,569,713 1,569,713
E - NON-AG LAND AND IMPROVEMENTS 2,085,265 0.9748 2,139,172 2,085,265
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 1,100 N/A 1,100 1,100
J - ALL UTILITIES 8,794,060 0.8607 10,217,335 8,794,060
L1 - COMMERCIAL PERSONAL 0 N/A 0 0
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 61,876 N/A 61,876 61,876
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 23,826,687 0 25,674,595 23,826,687
Less Total Deductions 467,799 0 467,799 467,799
Total Taxable Value 23,358,888 0 25,206,796 23,358,888

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 T13
23,418,145 23,358,888 23,418,145 23,358,888 23,488,145


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
59,257 0 70,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
23,418,145 23,358,888 23,418,145 23,358,888 23,488,145

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

044-Collingsworth /Collingsworth County

044-902/Wellington ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 57,666,540 0.8131 70,921,830 70,921,830
B - MULTIFAMILY 385,920 N/A 385,920 385,920
C1 - VACANT LOTS 1,723,920 N/A 1,723,920 1,723,920
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 32,099,780 0.9689 33,129,357 33,129,357
D2 - FARM & RANCH IMP 8,736,970 N/A 8,736,970 8,736,970
E - NON-AG LAND AND IMPROVEMENTS 22,823,370 0.9198 24,813,405 24,813,405
F1 - COMMERCIAL REAL 9,240,950 N/A 9,240,950 9,240,950
F2 - INDUSTRIAL REAL 7,660,210 N/A 7,660,210 7,660,210
G - ALL MINERALS 6,071,430 N/A 6,071,430 6,071,430
J - ALL UTILITIES 60,658,180 0.8577 70,721,907 70,721,907
L1 - COMMERCIAL PERSONAL 855,970 N/A 855,970 855,970
L2 - INDUSTRIAL PERSONAL 10,824,820 N/A 10,824,820 10,824,820
M1 - MOBILE HOMES 247,720 N/A 247,720 247,720
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 218,995,780 0 245,334,409 245,334,409
Less Total Deductions 33,802,250 0 37,594,374 37,594,374
Total Taxable Value 185,193,530 0 207,740,035 207,740,035

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 T13
214,215,435 207,740,035 214,215,435 207,740,035 221,735,435


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
6,475,400 0 7,520,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
214,215,435 207,740,035 214,215,435 207,740,035 221,735,435

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

THE PVS FOUND YOUR TAXABLE VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR LOCAL VALUE DID NOT EXCEED THE STATE VALUE AND: 1) WAS INVALID IN ONE OR MORE OF THE PREVIOUS TWO YEARS OR 2) IS LESS THAN 90% OF THE LOWER END OF THE MARGIN OF ERROR RANGE OR 3) THE APPRAISAL DISTRICT THAT APPRAISES PROPERTY FOR THE SCHOOL DISTRICT WAS NOT IN COMPLIANCE WITH THE SCORING REQUIREMENT OF THE COMPTROLLER'S MOST RECENT REVIEW OF THE APPRAISAL DISTRICT CONDUCTED UNDER SECTION 5.102, TAX CODE (MAP REVIEW)

044-902-02/Wellington ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 57,666,540 0.8131 70,921,830 70,921,830
B - MULTIFAMILY 385,920 N/A 385,920 385,920
C1 - VACANT LOTS 1,723,920 N/A 1,723,920 1,723,920
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 43,414,453 0.9688 44,814,756 44,444,030
D2 - FARM & RANCH IMP 10,306,683 N/A 10,306,683 10,306,683
E - NON-AG LAND AND IMPROVEMENTS 24,908,635 0.9242 26,952,577 26,898,670
F1 - COMMERCIAL REAL 9,240,950 N/A 9,240,950 9,240,950
F2 - INDUSTRIAL REAL 7,660,210 N/A 7,660,210 7,660,210
G - ALL MINERALS 6,072,530 N/A 6,072,530 6,072,530
J - ALL UTILITIES 69,452,240 0.8581 80,939,242 79,515,967
L1 - COMMERCIAL PERSONAL 855,970 N/A 855,970 855,970
L2 - INDUSTRIAL PERSONAL 10,824,820 N/A 10,824,820 10,824,820
M1 - MOBILE HOMES 309,596 N/A 309,596 309,596
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 242,822,467 271,009,004 269,161,096
Less Total Deductions 34,270,049 38,062,173 38,062,173
Total Taxable Value 208,552,418 232,946,831 231,098,923

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 T13
237,633,580 231,098,923 237,633,580 231,098,923 245,223,580


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
6,534,657 0 7,590,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
237,633,580 231,098,923 237,633,580 231,098,923 245,223,580

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement