taxes Property Tax Assistance

2023 ISD Summary Worksheet

241-Wharton/Wharton County

241-904/Wharton ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 617,200,155 0.9171 672,991,119 617,200,155
B - MULTIFAMILY 31,291,030 N/A 31,291,030 31,291,030
C1 - VACANT LOTS 34,278,568 N/A 34,278,568 34,278,568
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 28,511,891 0.9818 29,041,680 28,511,891
D2 - FARM & RANCH IMP 3,710,613 N/A 3,710,613 3,710,613
E - NON-AG LAND AND IMPROVEMENTS 110,466,969 1.0072 109,677,292 110,466,969
F1 - COMMERCIAL REAL 164,695,479 0.9643 170,792,781 164,695,479
F2 - INDUSTRIAL REAL 471,759,386 N/A 471,759,386 471,759,386
G - ALL MINERALS 24,126,530 N/A 24,126,530 24,126,530
J - ALL UTILITIES 114,739,754 0.9442 121,520,604 114,739,754
L1 - COMMERCIAL PERSONAL 68,863,031 0.9884 69,671,217 68,863,031
L2 - INDUSTRIAL PERSONAL 142,720,876 N/A 142,720,876 142,720,876
M1 - MOBILE HOMES 1,646,180 N/A 1,646,180 1,646,180
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 1,306,052 N/A 1,306,052 1,306,052
Subtotal 1,815,316,514 0 1,884,533,928 1,815,316,514
Less Total Deductions 419,490,440 0 442,952,243 419,490,440
Total Taxable Value 1,395,826,074 0 1,441,581,685 1,395,826,074

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 1,505,631,616 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,395,826,074 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 1,505,631,616 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,395,826,074 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,540,251,616 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 1,563,331,616 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 1,442,679,818 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 1,505,631,616 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,395,826,074 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 1,505,631,616 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,395,826,074 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,540,251,616 T13 plus the loss to the chapter 313 agreement
T16 1,563,331,616 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 1,442,679,818 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 109,805,542 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 34,620,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 23,080,000 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

241-904-02/Wharton ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 617,200,155 0.9171 672,991,119 617,200,155
B - MULTIFAMILY 31,291,030 N/A 31,291,030 31,291,030
C1 - VACANT LOTS 34,278,568 N/A 34,278,568 34,278,568
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 28,511,891 0.9818 29,041,680 28,511,891
D2 - FARM & RANCH IMP 3,710,613 N/A 3,710,613 3,710,613
E - NON-AG LAND AND IMPROVEMENTS 110,466,969 1.0072 109,677,292 110,466,969
F1 - COMMERCIAL REAL 164,695,479 0.9643 170,792,781 164,695,479
F2 - INDUSTRIAL REAL 471,759,386 N/A 471,759,386 471,759,386
G - ALL MINERALS 24,126,530 N/A 24,126,530 24,126,530
J - ALL UTILITIES 114,739,754 0.9442 121,520,604 114,739,754
L1 - COMMERCIAL PERSONAL 68,863,031 0.9884 69,671,217 68,863,031
L2 - INDUSTRIAL PERSONAL 142,720,876 N/A 142,720,876 142,720,876
M1 - MOBILE HOMES 1,646,180 N/A 1,646,180 1,646,180
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 1,306,052 N/A 1,306,052 1,306,052
Subtotal 1,815,316,514 1,884,533,928 1,815,316,514
Less Total Deductions 419,490,440 442,952,243 419,490,440
Total Taxable Value 1,395,826,074 1,441,581,685 1,395,826,074

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 1,505,631,616 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,395,826,074 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 1,505,631,616 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,395,826,074 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,540,251,616 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 1,563,331,616 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 1,442,679,818 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 1,505,631,616 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,395,826,074 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 1,505,631,616 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,395,826,074 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,540,251,616 T13 plus the loss to the chapter 313 agreement
T16 1,563,331,616 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 1,442,679,818 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 109,805,542 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 34,620,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 23,080,000 Loss to Second Previous Homestead Increase