taxes Property Tax Assistance

2023 ISD Summary Worksheet

083-Gaines/Gaines County

223-904/Wellman-Union CISD

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 5,000 N/A 5,000 5,000
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 219,200 N/A 219,200 219,200
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 146,765 N/A 146,765 146,765
J - ALL UTILITIES 36,090 N/A 36,090 36,090
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 407,055 0 407,055 407,055
Less Total Deductions 0 0 0 0
Total Taxable Value 407,055 0 407,055 407,055

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 407,055 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 407,055 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 407,055 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 407,055 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 407,055 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 407,055 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 407,055 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 407,055 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 407,055 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 407,055 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 407,055 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 407,055 T13 plus the loss to the chapter 313 agreement
T16 407,055 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 407,055 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 0 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID BECAUSE THIS PORTION OF THE SCHOOL DISTRICT WAS TOO SMALL TO BE STUDIED, AND LOCAL VALUE WAS CERTIFIED

223-Terry/Terry County

223-904/Wellman-Union CISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 3,714,245 N/A 3,714,245 3,714,245
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 34,630 N/A 34,630 34,630
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 21,399,299 1.2695 16,856,267 21,399,299
D2 - FARM & RANCH IMP 3,403,418 N/A 3,403,418 3,403,418
E - NON-AG LAND AND IMPROVEMENTS 25,239,613 0.8327 30,310,572 25,239,613
F1 - COMMERCIAL REAL 819,891 N/A 819,891 819,891
F2 - INDUSTRIAL REAL 8,436,539 N/A 8,436,539 8,436,539
G - ALL MINERALS 43,764,309 N/A 43,764,309 43,764,309
J - ALL UTILITIES 14,496,765 0.9814 14,771,515 14,496,765
L1 - COMMERCIAL PERSONAL 98,499 N/A 98,499 98,499
L2 - INDUSTRIAL PERSONAL 35,331,949 N/A 35,331,949 35,331,949
M1 - MOBILE HOMES 280,206 N/A 280,206 280,206
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 157,019,363 0 157,822,040 157,019,363
Less Total Deductions 9,396,234 0 9,396,234 9,396,234
Total Taxable Value 147,623,129 0 148,425,806 147,623,129

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 151,020,048 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 147,623,129 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 151,020,048 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 147,623,129 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 152,760,048 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 153,920,048 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 147,746,924 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 151,020,048 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 147,623,129 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 151,020,048 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 147,623,129 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 152,760,048 T13 plus the loss to the chapter 313 agreement
T16 153,920,048 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 147,746,924 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 3,396,919 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 1,740,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 1,160,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED

223-904-02/Wellman-Union CISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 3,714,245 N/A 3,714,245 3,714,245
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 39,630 N/A 39,630 39,630
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 21,618,499 1.2661 17,075,467 21,618,499
D2 - FARM & RANCH IMP 3,403,418 N/A 3,403,418 3,403,418
E - NON-AG LAND AND IMPROVEMENTS 25,239,613 0.8327 30,310,572 25,239,613
F1 - COMMERCIAL REAL 819,891 N/A 819,891 819,891
F2 - INDUSTRIAL REAL 8,436,539 N/A 8,436,539 8,436,539
G - ALL MINERALS 43,911,074 N/A 43,911,074 43,911,074
J - ALL UTILITIES 14,532,855 0.9814 14,807,605 14,532,855
L1 - COMMERCIAL PERSONAL 98,499 N/A 98,499 98,499
L2 - INDUSTRIAL PERSONAL 35,331,949 N/A 35,331,949 35,331,949
M1 - MOBILE HOMES 280,206 N/A 280,206 280,206
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 157,426,418 158,229,095 157,426,418
Less Total Deductions 9,396,234 9,396,234 9,396,234
Total Taxable Value 148,030,184 148,832,861 148,030,184

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 151,427,103 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 148,030,184 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 151,427,103 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 148,030,184 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 153,167,103 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 154,327,103 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 148,153,979 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 151,427,103 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 148,030,184 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 151,427,103 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 148,030,184 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 153,167,103 T13 plus the loss to the chapter 313 agreement
T16 154,327,103 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 148,153,979 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 3,396,919 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 1,740,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 1,160,000 Loss to Second Previous Homestead Increase