taxes Property Tax Assistance

2022 ISD Summary Worksheet

241-Wharton /Wharton County

241-906/Louise ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 95,640,967 N/A 95,640,967 95,640,967
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 4,868,864 N/A 4,868,864 4,868,864
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 31,904,184 N/A 31,904,184 31,904,184
D2 - FARM & RANCH IMP 2,668,688 N/A 2,668,688 2,668,688
E - NON-AG LAND AND IMPROVEMENTS 93,934,793 N/A 93,934,793 93,934,793
F1 - COMMERCIAL REAL 41,416,961 N/A 41,416,961 41,416,961
F2 - INDUSTRIAL REAL 228,217,274 N/A 228,217,274 228,217,274
G - ALL MINERALS 2,942,345 N/A 2,942,345 2,942,345
J - ALL UTILITIES 96,553,891 N/A 96,553,891 96,553,891
L1 - COMMERCIAL PERSONAL 24,062,491 N/A 24,062,491 24,062,491
L2 - INDUSTRIAL PERSONAL 15,395,842 N/A 15,395,842 15,395,842
M1 - MOBILE HOMES 236,332 N/A 236,332 236,332
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 461,322 N/A 461,322 461,322
Subtotal 638,303,954 0 638,303,954 638,303,954
Less Total Deductions 241,536,238 0 241,536,238 241,536,238
Total Taxable Value 396,767,716 0 396,767,716 396,767,716

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
405,125,794 396,767,716 405,125,794 396,767,716 411,265,794


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
8,358,078 0 6,140,000


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
612,625,794 604,267,716 612,625,794 604,267,716 618,765,794

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

241-906-02/Louise ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 95,640,967 N/A 95,640,967 95,640,967
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 4,868,864 N/A 4,868,864 4,868,864
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 31,904,184 N/A 31,904,184 31,904,184
D2 - FARM & RANCH IMP 2,668,688 N/A 2,668,688 2,668,688
E - NON-AG LAND AND IMPROVEMENTS 93,934,793 N/A 93,934,793 93,934,793
F1 - COMMERCIAL REAL 41,416,961 N/A 41,416,961 41,416,961
F2 - INDUSTRIAL REAL 228,217,274 N/A 228,217,274 228,217,274
G - ALL MINERALS 2,942,345 N/A 2,942,345 2,942,345
J - ALL UTILITIES 96,553,891 N/A 96,553,891 96,553,891
L1 - COMMERCIAL PERSONAL 24,062,491 N/A 24,062,491 24,062,491
L2 - INDUSTRIAL PERSONAL 15,395,842 N/A 15,395,842 15,395,842
M1 - MOBILE HOMES 236,332 N/A 236,332 236,332
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 461,322 N/A 461,322 461,322
Subtotal 638,303,954 638,303,954 638,303,954
Less Total Deductions 241,536,238 241,536,238 241,536,238
Total Taxable Value 396,767,716 396,767,716 396,767,716

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
405,125,794 396,767,716 405,125,794 396,767,716 411,265,794


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
8,358,078 0 6,140,000


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
612,625,794 604,267,716 612,625,794 604,267,716 618,765,794

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