taxes Property Tax Assistance

2022 ISD Summary Worksheet

083-Gaines /Gaines County

223-904/Wellman-Union CISD

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 5,000 N/A 5,000 5,000
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 116,440 N/A 116,440 116,440
D2 - FARM & RANCH IMP 0 N/A 0 0
E - NON-AG LAND AND IMPROVEMENTS 0 N/A 0 0
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 133,803 N/A 133,803 133,803
J - ALL UTILITIES 19,490 N/A 19,490 19,490
L1 - COMMERCIAL PERSONAL 0 N/A 0 0
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
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 274,733 0 274,733 274,733
Less Total Deductions 0 0 0 0
Total Taxable Value 274,733 0 274,733 274,733

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
274,733 274,733 274,733 274,733 274,733


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
0 0 0


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
274,733 274,733 274,733 274,733 274,733

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

223-Terry /Terry County

223-904/Wellman-Union CISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 3,235,429 N/A 3,235,429 3,235,429
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 34,408 N/A 34,408 34,408
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 24,096,526 N/A 24,096,526 24,096,526
D2 - FARM & RANCH IMP 2,596,120 N/A 2,596,120 2,596,120
E - NON-AG LAND AND IMPROVEMENTS 19,816,396 N/A 19,816,396 19,816,396
F1 - COMMERCIAL REAL 710,113 N/A 710,113 710,113
F2 - INDUSTRIAL REAL 8,286,569 N/A 8,286,569 8,286,569
G - ALL MINERALS 46,183,474 N/A 46,183,474 46,183,474
J - ALL UTILITIES 12,383,805 N/A 12,383,805 12,383,805
L1 - COMMERCIAL PERSONAL 232,209 N/A 232,209 232,209
L2 - INDUSTRIAL PERSONAL 37,278,631 N/A 37,278,631 37,278,631
M1 - MOBILE HOMES 277,042 N/A 277,042 277,042
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 155,130,722 0 155,130,722 155,130,722
Less Total Deductions 4,098,404 0 4,098,404 4,098,404
Total Taxable Value 151,032,318 0 151,032,318 151,032,318

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
151,871,059 151,032,318 151,871,059 151,032,318 153,001,059


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
838,741 0 1,130,000


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
151,871,059 151,032,318 151,871,059 151,032,318 153,001,059

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

223-904-02/Wellman-Union CISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 3,235,429 N/A 3,235,429 3,235,429
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 39,408 N/A 39,408 39,408
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 24,212,966 N/A 24,212,966 24,212,966
D2 - FARM & RANCH IMP 2,596,120 N/A 2,596,120 2,596,120
E - NON-AG LAND AND IMPROVEMENTS 19,816,396 N/A 19,816,396 19,816,396
F1 - COMMERCIAL REAL 710,113 N/A 710,113 710,113
F2 - INDUSTRIAL REAL 8,286,569 N/A 8,286,569 8,286,569
G - ALL MINERALS 46,317,277 N/A 46,317,277 46,317,277
J - ALL UTILITIES 12,403,295 N/A 12,403,295 12,403,295
L1 - COMMERCIAL PERSONAL 232,209 N/A 232,209 232,209
L2 - INDUSTRIAL PERSONAL 37,278,631 N/A 37,278,631 37,278,631
M1 - MOBILE HOMES 277,042 N/A 277,042 277,042
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 155,405,455 155,405,455 155,405,455
Less Total Deductions 4,098,404 4,098,404 4,098,404
Total Taxable Value 151,307,051 151,307,051 151,307,051

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
152,145,792 151,307,051 152,145,792 151,307,051 153,275,792


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
838,741 0 1,130,000


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
152,145,792 151,307,051 152,145,792 151,307,051 153,275,792

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