taxes Property Tax Assistance

2018 ISD Summary Worksheet

090-Gray

242-903/Wheeler ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 0 N/A 0 0
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 107,270 N/A 107,270 107,270
D2. REAL PROP:FARM & RANCH 250 N/A 250 250
E. REAL PROP NONQUAL ACREAGE 93,370 N/A 93,370 93,370
F1. COMMERCIAL REAL 0 N/A 0 0
F2. INDUSTRIAL REAL 0 N/A 0 0
G. OIL,GAS,MINERALS 288,390 N/A 288,390 288,390
J. UTILITIES 676,140 N/A 676,140 676,140
L1. COMMERCIAL PERSONAL 0 N/A 0 0
L2. INDUSTRIAL PERSONAL 2,870 N/A 2,870 2,870
M. MOBILE HOMES 0 N/A 0 0
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 1,168,290 0 1,168,290 1,168,290
Less Total Deductions 28,880 0 28,880 28,880
Total Taxable Value 1,139,410 0 1,139,410 1,139,410

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
1,139,410 1,139,410 1,139,410 1,139,410


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
0 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
1,139,410 1,139,410 1,139,410 1,139,410

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

242-Wheeler

242-903/Wheeler ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 38,608,230 N/A 38,608,230 38,608,230
B. MULTIFAMILY RESIDENCES 1,248,180 N/A 1,248,180 1,248,180
C1. VACANT LOTS 749,160 N/A 749,160 749,160
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 6,945,600 N/A 6,945,600 6,945,600
D2. REAL PROP:FARM & RANCH 2,058,630 N/A 2,058,630 2,058,630
E. REAL PROP NONQUAL ACREAGE 19,174,100 N/A 19,174,100 19,174,100
F1. COMMERCIAL REAL 13,635,890 N/A 13,635,890 13,635,890
F2. INDUSTRIAL REAL 3,217,580 N/A 3,217,580 3,217,580
G. OIL,GAS,MINERALS 116,850,150 N/A 116,850,150 116,850,150
J. UTILITIES 71,976,000 N/A 71,976,000 71,976,000
L1. COMMERCIAL PERSONAL 6,991,840 N/A 6,991,840 6,991,840
L2. INDUSTRIAL PERSONAL 11,378,930 N/A 11,378,930 11,378,930
M. MOBILE HOMES 2,080,130 N/A 2,080,130 2,080,130
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 487,730 N/A 487,730 487,730
Subtotal 295,402,150 0 295,402,150 295,402,150
Less Total Deductions 18,427,846 0 18,427,846 18,427,846
Total Taxable Value 276,974,304 0 276,974,304 276,974,304

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
280,770,314 276,974,304 280,770,314 276,974,304


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,796,010 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
280,770,314 276,974,304 280,770,314 276,974,304

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

242-903-02/Wheeler ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 38,608,230 N/A 38,608,230 38,608,230
B. MULTIFAMILY RESIDENCES 1,248,180 N/A 1,248,180 1,248,180
C1. VACANT LOTS 749,160 N/A 749,160 749,160
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 7,052,870 N/A 7,052,870 7,052,870
D2. REAL PROP:FARM & RANCH 2,058,880 N/A 2,058,880 2,058,880
E. REAL PROP NONQUAL ACREAGE 19,267,470 N/A 19,267,470 19,267,470
F1. COMMERCIAL REAL 13,635,890 N/A 13,635,890 13,635,890
F2. INDUSTRIAL REAL 3,217,580 N/A 3,217,580 3,217,580
G. OIL,GAS,MINERALS 117,138,540 N/A 117,138,540 117,138,540
J. UTILITIES 72,652,140 N/A 72,652,140 72,652,140
L1. COMMERCIAL PERSONAL 6,991,840 N/A 6,991,840 6,991,840
L2. INDUSTRIAL PERSONAL 11,381,800 N/A 11,381,800 11,381,800
M. MOBILE HOMES 2,080,130 N/A 2,080,130 2,080,130
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 487,730 N/A 487,730 487,730
Subtotal 296,570,440 296,570,440 296,570,440
Less Total Deductions 18,456,726 18,456,726 18,456,726
Total Taxable Value 278,113,714 278,113,714 278,113,714

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
281,909,724 278,113,714 281,909,724 278,113,714


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
3,796,010 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
281,909,724 278,113,714 281,909,724 278,113,714

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