taxes Property Tax Assistance

2023 ISD Summary Worksheet

090-Gray/Gray County

242-903/Wheeler ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 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 119,729 N/A 119,729 119,729
D2 - FARM & RANCH IMP 1,530 N/A 1,530 1,530
E - NON-AG LAND AND IMPROVEMENTS 95,790 N/A 95,790 95,790
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 198,970 N/A 198,970 198,970
J - ALL UTILITIES 758,000 N/A 758,000 758,000
L1 - COMMERCIAL PERSONAL 0 N/A 0 0
L2 - INDUSTRIAL PERSONAL 2,630 N/A 2,630 2,630
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 1,176,649 0 1,176,649 1,176,649
Less Total Deductions 34,300 0 34,300 34,300
Total Taxable Value 1,142,349 0 1,142,349 1,142,349

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

Measure Value Description
T1 1,142,349 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,142,349 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 1,142,349 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,142,349 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,142,349 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 1,145,099 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 1,142,349 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 1,142,349 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,142,349 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 1,142,349 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,142,349 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,142,349 T13 plus the loss to the chapter 313 agreement
T16 1,145,099 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 1,142,349 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 0 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 0 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 2,750 Loss to Second Previous Homestead Increase

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

242-Wheeler/Wheeler County

242-903/Wheeler ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 48,248,590 0.8399 57,445,636 48,248,590
B - MULTIFAMILY 1,349,500 N/A 1,349,500 1,349,500
C1 - VACANT LOTS 267,590 N/A 267,590 267,590
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 8,320,560 1.2492 6,660,890 8,320,560
D2 - FARM & RANCH IMP 2,694,840 N/A 2,694,840 2,694,840
E - NON-AG LAND AND IMPROVEMENTS 24,378,590 0.7150 34,095,930 24,378,590
F1 - COMMERCIAL REAL 13,963,670 N/A 13,963,670 13,963,670
F2 - INDUSTRIAL REAL 3,230,870 N/A 3,230,870 3,230,870
G - ALL MINERALS 106,759,400 0.9998 106,780,756 106,759,400
J - ALL UTILITIES 84,779,030 0.9804 86,473,919 84,779,030
L1 - COMMERCIAL PERSONAL 3,867,290 N/A 3,867,290 3,867,290
L2 - INDUSTRIAL PERSONAL 7,209,720 N/A 7,209,720 7,209,720
M1 - MOBILE HOMES 2,190,650 N/A 2,190,650 2,190,650
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 771,410 N/A 771,410 771,410
Subtotal 308,031,710 0 327,002,671 308,031,710
Less Total Deductions 38,963,079 0 41,762,852 38,963,079
Total Taxable Value 269,068,631 0 285,239,819 269,068,631

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

Measure Value Description
T1 284,171,201 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 269,068,631 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 284,171,201 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 269,068,631 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 290,501,201 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 294,721,201 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 272,560,836 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 284,171,201 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 269,068,631 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 284,171,201 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 269,068,631 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 290,501,201 T13 plus the loss to the chapter 313 agreement
T16 294,721,201 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 272,560,836 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 15,102,570 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 6,330,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 4,220,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

242-903-02/Wheeler ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 48,248,590 0.8399 57,445,636 48,248,590
B - MULTIFAMILY 1,349,500 N/A 1,349,500 1,349,500
C1 - VACANT LOTS 267,590 N/A 267,590 267,590
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 8,440,289 1.2448 6,780,619 8,440,289
D2 - FARM & RANCH IMP 2,696,370 N/A 2,696,370 2,696,370
E - NON-AG LAND AND IMPROVEMENTS 24,474,380 0.7158 34,191,720 24,474,380
F1 - COMMERCIAL REAL 13,963,670 N/A 13,963,670 13,963,670
F2 - INDUSTRIAL REAL 3,230,870 N/A 3,230,870 3,230,870
G - ALL MINERALS 106,958,370 0.9998 106,979,726 106,958,370
J - ALL UTILITIES 85,537,030 0.9806 87,231,919 85,537,030
L1 - COMMERCIAL PERSONAL 3,867,290 N/A 3,867,290 3,867,290
L2 - INDUSTRIAL PERSONAL 7,212,350 N/A 7,212,350 7,212,350
M1 - MOBILE HOMES 2,190,650 N/A 2,190,650 2,190,650
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 771,410 N/A 771,410 771,410
Subtotal 309,208,359 328,179,320 309,208,359
Less Total Deductions 38,997,379 41,797,152 38,997,379
Total Taxable Value 270,210,980 286,382,168 270,210,980

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

Measure Value Description
T1 285,313,550 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 270,210,980 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 285,313,550 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 270,210,980 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 291,643,550 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 295,866,300 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 273,703,185 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 285,313,550 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 270,210,980 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 285,313,550 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 270,210,980 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 291,643,550 T13 plus the loss to the chapter 313 agreement
T16 295,866,300 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 273,703,185 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 15,102,570 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 6,330,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 4,222,750 Loss to Second Previous Homestead Increase