taxes Property Tax Assistance

2018 ISD Summary Worksheet

003-Angelina

037-909/Wells ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	1,547,820	N/A	1,547,820	1,547,820
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	115,240	N/A	115,240	115,240
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	307,766	N/A	307,766	307,766
D2. REAL PROP:FARM & RANCH	493,200	N/A	493,200	493,200
E. REAL PROP NONQUAL ACREAGE	1,517,050	N/A	1,517,050	1,517,050
F1. COMMERCIAL REAL	604,280	N/A	604,280	604,280
F2. INDUSTRIAL REAL	0	N/A	0	0
G. OIL,GAS,MINERALS	421,017	N/A	421,017	421,017
J. UTILITIES	4,098,460	N/A	4,098,460	4,098,460
L1. COMMERCIAL PERSONAL	825,660	N/A	825,660	825,660
L2. INDUSTRIAL PERSONAL	108,560	N/A	108,560	108,560
M. MOBILE HOMES	108,030	N/A	108,030	108,030
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	0	N/A	0	0
Subtotal	10,147,083	0	10,147,083	10,147,083
Less Total Deductions	1,361,061	0	1,361,061	1,361,061
Total Taxable Value	8,786,022	0	8,786,022	8,786,022

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
8,987,202	8,786,022	8,987,202	8,786,022

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
201,180	0

T1 = School district taxable value for M & O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the additional $10,000 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

Value Taxable For I & S Purposes

T7	T8	T9	T10
8,987,202	8,786,022	8,987,202	8,786,022

T7 = School district taxable value for I & S purposes before the loss to the additional $10, 000 homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the additional $10, 000 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

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

037-Cherokee

037-909/Wells ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	14,468,740	N/A	14,468,740	14,468,740
B. MULTIFAMILY RESIDENCES	538,020	N/A	538,020	538,020
C1. VACANT LOTS	777,620	N/A	777,620	777,620
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	8,533,372	N/A	8,533,372	8,533,372
D2. REAL PROP:FARM & RANCH	1,339,000	N/A	1,339,000	1,339,000
E. REAL PROP NONQUAL ACREAGE	27,056,320	N/A	27,056,320	27,056,320
F1. COMMERCIAL REAL	1,806,190	N/A	1,806,190	1,806,190
F2. INDUSTRIAL REAL	213,510	N/A	213,510	213,510
G. OIL,GAS,MINERALS	6,927,128	N/A	6,927,128	6,927,128
J. UTILITIES	18,834,360	N/A	18,834,360	18,834,360
L1. COMMERCIAL PERSONAL	1,513,283	N/A	1,513,283	1,513,283
L2. INDUSTRIAL PERSONAL	10,035,460	N/A	10,035,460	10,035,460
M. MOBILE HOMES	801,270	N/A	801,270	801,270
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	0	N/A	0	0
Subtotal	92,844,273	0	92,844,273	92,844,273
Less Total Deductions	13,815,502	0	13,815,502	13,815,502
Total Taxable Value	79,028,771	0	79,028,771	79,028,771

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
82,014,836	79,028,771	82,014,836	79,028,771

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
2,986,065	0

T1 = School district taxable value for M & O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the additional $10,000 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

Value Taxable For I & S Purposes

T7	T8	T9	T10
82,014,836	79,028,771	82,014,836	79,028,771

T7 = School district taxable value for I & S purposes before the loss to the additional $10, 000 homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the additional $10, 000 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

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

037-909-02/Wells ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	16,016,560	N/A	16,016,560	16,016,560
B. MULTIFAMILY RESIDENCES	538,020	N/A	538,020	538,020
C1. VACANT LOTS	892,860	N/A	892,860	892,860
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	8,841,138	N/A	8,841,138	8,841,138
D2. REAL PROP:FARM & RANCH	1,832,200	N/A	1,832,200	1,832,200
E. REAL PROP NONQUAL ACREAGE	28,573,370	N/A	28,573,370	28,573,370
F1. COMMERCIAL REAL	2,410,470	N/A	2,410,470	2,410,470
F2. INDUSTRIAL REAL	213,510	N/A	213,510	213,510
G. OIL,GAS,MINERALS	7,348,145	N/A	7,348,145	7,348,145
J. UTILITIES	22,932,820	N/A	22,932,820	22,932,820
L1. COMMERCIAL PERSONAL	2,338,943	N/A	2,338,943	2,338,943
L2. INDUSTRIAL PERSONAL	10,144,020	N/A	10,144,020	10,144,020
M. MOBILE HOMES	909,300	N/A	909,300	909,300
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	0	N/A	0	0
Subtotal	102,991,356		102,991,356	102,991,356
Less Total Deductions	15,176,563		15,176,563	15,176,563
Total Taxable Value	87,814,793		87,814,793	87,814,793

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
91,002,038	87,814,793	91,002,038	87,814,793

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
3,187,245	0

T1 = School district taxable value for M & O purposes before the loss to the additional $10, 000 homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the additional $10, 000 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

Value Taxable For I & S Purposes

T7	T8	T9	T10
91,002,038	87,814,793	91,002,038	87,814,793

T7 = School district taxable value for I & S purposes before the loss to the additional $10, 000 homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the additional $10, 000 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