taxes Property Tax Assistance

2018 ISD Summary Worksheet

038-Childress

044-902/Wellington ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	29,416	N/A	29,416	29,416
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	0	N/A	0	0
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	10,437,820	1.0030	10,406,305	10,437,820
D2. REAL PROP:FARM & RANCH	404,085	N/A	404,085	404,085
E. REAL PROP NONQUAL ACREAGE	1,596,325	1.0172	1,569,332	1,596,325
F1. COMMERCIAL REAL	0	N/A	0	0
F2. INDUSTRIAL REAL	0	N/A	0	0
G. OIL,GAS,MINERALS	0	N/A	0	0
J. UTILITIES	9,056,980	0.9664	9,371,875	9,056,980
L1. COMMERCIAL PERSONAL	0	N/A	0	0
L2. INDUSTRIAL PERSONAL	0	N/A	0	0
M. MOBILE HOMES	11,097	N/A	11,097	11,097
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	21,535,723	0	21,792,110	21,535,723
Less Total Deductions	94,901	0	94,901	94,901
Total Taxable Value	21,440,822	0	21,697,209	21,440,822

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
21,461,492	21,440,822	21,461,492	21,440,822

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
20,670	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
21,461,492	21,440,822	21,461,492	21,440,822

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

044-Collingsworth

044-902/Wellington ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	41,092,760	0.8690	47,287,411	41,092,760
B. MULTIFAMILY RESIDENCES	384,630	N/A	384,630	384,630
C1. VACANT LOTS	954,950	N/A	954,950	954,950
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	34,798,760	0.7914	43,968,966	34,798,760
D2. REAL PROP:FARM & RANCH	6,469,890	N/A	6,469,890	6,469,890
E. REAL PROP NONQUAL ACREAGE	18,247,090	0.9905	18,422,100	18,247,090
F1. COMMERCIAL REAL	10,527,480	0.6735	15,631,002	10,527,480
F2. INDUSTRIAL REAL	3,348,050	N/A	3,348,050	3,348,050
G. OIL,GAS,MINERALS	3,400,340	N/A	3,400,340	3,400,340
J. UTILITIES	49,939,770	0.9664	51,676,087	49,939,770
L1. COMMERCIAL PERSONAL	9,143,740	N/A	9,143,740	9,143,740
L2. INDUSTRIAL PERSONAL	1,304,260	N/A	1,304,260	1,304,260
M. MOBILE HOMES	341,420	N/A	341,420	341,420
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	179,953,140	0	202,332,846	179,953,140
Less Total Deductions	23,171,923	0	25,115,108	23,171,923
Total Taxable Value	156,781,217	0	177,217,738	156,781,217

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
162,062,497	156,781,217	162,062,497	156,781,217

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
5,281,280	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
162,062,497	156,781,217	162,062,497	156,781,217

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

044-902-02/Wellington ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	41,122,176	0.8691	47,316,827	41,122,176
B. MULTIFAMILY RESIDENCES	384,630	N/A	384,630	384,630
C1. VACANT LOTS	954,950	N/A	954,950	954,950
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	45,236,580	0.8319	54,375,271	45,236,580
D2. REAL PROP:FARM & RANCH	6,873,975	N/A	6,873,975	6,873,975
E. REAL PROP NONQUAL ACREAGE	19,843,415	0.9926	19,991,432	19,843,415
F1. COMMERCIAL REAL	10,527,480	0.6735	15,631,002	10,527,480
F2. INDUSTRIAL REAL	3,348,050	N/A	3,348,050	3,348,050
G. OIL,GAS,MINERALS	3,400,340	N/A	3,400,340	3,400,340
J. UTILITIES	58,996,750	0.9664	61,047,962	58,996,750
L1. COMMERCIAL PERSONAL	9,143,740	N/A	9,143,740	9,143,740
L2. INDUSTRIAL PERSONAL	1,304,260	N/A	1,304,260	1,304,260
M. MOBILE HOMES	352,517	N/A	352,517	352,517
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	201,488,863		224,124,956	201,488,863
Less Total Deductions	23,266,824		25,210,009	23,266,824
Total Taxable Value	178,222,039		198,914,947	178,222,039

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
183,523,989	178,222,039	183,523,989	178,222,039

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
5,301,950	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
183,523,989	178,222,039	183,523,989	178,222,039

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