taxes Property Tax Assistance

2022 ISD Summary Worksheet

074-Fannin /Fannin County

116-909/Wolfe City ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 1,256,480 N/A 1,256,480 1,256,480
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 809,860 N/A 809,860 809,860
D2 - FARM & RANCH IMP 438,490 N/A 438,490 438,490
E - NON-AG LAND AND IMPROVEMENTS 7,693,480 N/A 7,693,480 7,693,480
F1 - COMMERCIAL REAL 530,390 N/A 530,390 530,390
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 4,604,520 N/A 4,604,520 4,604,520
L1 - COMMERCIAL PERSONAL 8,200 N/A 8,200 8,200
L2 - INDUSTRIAL PERSONAL 271,400 N/A 271,400 271,400
M1 - MOBILE HOMES 0 N/A 0 0
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 15,612,820 0 15,612,820 15,612,820
Less Total Deductions 1,748,434 0 1,748,434 1,748,434
Total Taxable Value 13,864,386 0 13,864,386 13,864,386

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
14,040,383 13,864,386 14,040,383 13,864,386 14,200,383


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
175,997 0 160,000


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
14,040,383 13,864,386 14,040,383 13,864,386 14,200,383

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

116-Hunt /Hunt County

116-909/Wolfe City ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 61,447,722 N/A 61,447,722 61,447,722
B - MULTIFAMILY 3,469,044 N/A 3,469,044 3,469,044
C1 - VACANT LOTS 3,852,880 N/A 3,852,880 3,852,880
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,359,910 N/A 4,359,910 4,359,910
D2 - FARM & RANCH IMP 10,726,989 N/A 10,726,989 10,726,989
E - NON-AG LAND AND IMPROVEMENTS 180,715,397 N/A 180,715,397 180,715,397
F1 - COMMERCIAL REAL 8,466,125 N/A 8,466,125 8,466,125
F2 - INDUSTRIAL REAL 1,430,090 N/A 1,430,090 1,430,090
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 10,937,378 N/A 10,937,378 10,937,378
L1 - COMMERCIAL PERSONAL 3,236,305 N/A 3,236,305 3,236,305
L2 - INDUSTRIAL PERSONAL 2,973,270 N/A 2,973,270 2,973,270
M1 - MOBILE HOMES 4,190,575 N/A 4,190,575 4,190,575
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 3,270 N/A 3,270 3,270
Subtotal 295,808,955 0 295,808,955 295,808,955
Less Total Deductions 80,311,542 0 80,311,542 80,311,542
Total Taxable Value 215,497,413 0 215,497,413 215,497,413

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
224,497,337 215,497,413 224,497,337 215,497,413 232,957,337


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
8,999,924 0 8,460,000


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
224,497,337 215,497,413 224,497,337 215,497,413 232,957,337

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

116-909-02/Wolfe City ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 62,704,202 N/A 62,704,202 62,704,202
B - MULTIFAMILY 3,469,044 N/A 3,469,044 3,469,044
C1 - VACANT LOTS 3,852,880 N/A 3,852,880 3,852,880
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,169,770 N/A 5,169,770 5,169,770
D2 - FARM & RANCH IMP 11,165,479 N/A 11,165,479 11,165,479
E - NON-AG LAND AND IMPROVEMENTS 188,408,877 N/A 188,408,877 188,408,877
F1 - COMMERCIAL REAL 8,996,515 N/A 8,996,515 8,996,515
F2 - INDUSTRIAL REAL 1,430,090 N/A 1,430,090 1,430,090
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 15,541,898 N/A 15,541,898 15,541,898
L1 - COMMERCIAL PERSONAL 3,244,505 N/A 3,244,505 3,244,505
L2 - INDUSTRIAL PERSONAL 3,244,670 N/A 3,244,670 3,244,670
M1 - MOBILE HOMES 4,190,575 N/A 4,190,575 4,190,575
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 3,270 N/A 3,270 3,270
Subtotal 311,421,775 311,421,775 311,421,775
Less Total Deductions 82,059,976 82,059,976 82,059,976
Total Taxable Value 229,361,799 229,361,799 229,361,799

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
238,537,720 229,361,799 238,537,720 229,361,799 247,157,720


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
9,175,921 0 8,620,000


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
238,537,720 229,361,799 238,537,720 229,361,799 247,157,720

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