taxes Property Tax Assistance

2018 ISD Summary Worksheet

241-Wharton

241-904/Wharton ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 371,028,445 N/A 371,028,445 371,028,445
B. MULTIFAMILY RESIDENCES 20,078,135 N/A 20,078,135 20,078,135
C1. VACANT LOTS 20,887,789 N/A 20,887,789 20,887,789
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 33,016,134 N/A 33,016,134 33,016,134
D2. REAL PROP:FARM & RANCH 2,400,487 N/A 2,400,487 2,400,487
E. REAL PROP NONQUAL ACREAGE 58,726,564 N/A 58,726,564 58,726,564
F1. COMMERCIAL REAL 107,873,504 N/A 107,873,504 107,873,504
F2. INDUSTRIAL REAL 620,977,124 N/A 620,977,124 620,977,124
G. OIL,GAS,MINERALS 39,447,476 N/A 39,447,476 39,447,476
J. UTILITIES 62,046,277 N/A 62,046,277 62,046,277
L1. COMMERCIAL PERSONAL 67,399,565 N/A 67,399,565 67,399,565
L2. INDUSTRIAL PERSONAL 90,745,088 N/A 90,745,088 90,745,088
M. MOBILE HOMES 1,425,229 N/A 1,425,229 1,425,229
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 342,976 N/A 342,976 342,976
S. SPECIAL INVENTORY 2,436,488 N/A 2,436,488 2,436,488
Subtotal 1,498,831,281 0 1,498,831,281 1,498,831,281
Less Total Deductions 146,020,842 0 146,020,768 146,020,842
Total Taxable Value 1,352,810,439 0 1,352,810,513 1,352,810,439

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
1,375,741,347 1,352,810,439 1,375,741,347 1,352,810,439


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
22,930,908 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
1,375,741,347 1,352,810,439 1,375,741,347 1,352,810,439

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

241-904-02/Wharton ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 371,028,445 N/A 371,028,445 371,028,445
B. MULTIFAMILY RESIDENCES 20,078,135 N/A 20,078,135 20,078,135
C1. VACANT LOTS 20,887,789 N/A 20,887,789 20,887,789
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 33,016,134 N/A 33,016,134 33,016,134
D2. REAL PROP:FARM & RANCH 2,400,487 N/A 2,400,487 2,400,487
E. REAL PROP NONQUAL ACREAGE 58,726,564 N/A 58,726,564 58,726,564
F1. COMMERCIAL REAL 107,873,504 N/A 107,873,504 107,873,504
F2. INDUSTRIAL REAL 620,977,124 N/A 620,977,124 620,977,124
G. OIL,GAS,MINERALS 39,447,476 N/A 39,447,476 39,447,476
J. UTILITIES 62,046,277 N/A 62,046,277 62,046,277
L1. COMMERCIAL PERSONAL 67,399,565 N/A 67,399,565 67,399,565
L2. INDUSTRIAL PERSONAL 90,745,088 N/A 90,745,088 90,745,088
M. MOBILE HOMES 1,425,229 N/A 1,425,229 1,425,229
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 342,976 N/A 342,976 342,976
S. SPECIAL INVENTORY 2,436,488 N/A 2,436,488 2,436,488
Subtotal 1,498,831,281 1,498,831,281 1,498,831,281
Less Total Deductions 146,020,842 146,020,768 146,020,842
Total Taxable Value 1,352,810,439 1,352,810,513 1,352,810,439

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
1,375,741,347 1,352,810,439 1,375,741,347 1,352,810,439


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
22,930,908 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
1,375,741,347 1,352,810,439 1,375,741,347 1,352,810,439

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