taxes Property Tax Assistance

2019 ISD Summary Worksheet

003-Angelina

037-909/Wells ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 1,549,270 N/A 1,549,270 1,549,270
C1. VACANT LOTS 88,700 N/A 88,700 88,700
D1. QUALIFIED AG LAND 330,193 N/A 330,193 330,193
D2. REAL PROP:FARM & RANCH 495,190 N/A 495,190 495,190
E. REAL PROP NONQUAL ACREAGE 1,300,550 N/A 1,300,550 1,300,550
F1. COMMERCIAL REAL 654,850 N/A 654,850 654,850
G. OIL,GAS,MINERALS 257,974 N/A 257,974 257,974
J. UTILITIES 4,165,570 N/A 4,165,570 4,165,570
L1. COMMERCIAL PERSONAL 736,440 N/A 736,440 736,440
L2. INDUSTRIAL PERSONAL 1,515,450 N/A 1,515,450 1,515,450
M. MOBILE HOMES 102,550 N/A 102,550 102,550
Subtotal 11,196,737 0 11,196,737 11,196,737
Less Total Deductions 2,737,521 0 2,737,521 2,737,521
Total Taxable Value 8,459,216 0 8,459,216 8,459,216

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
8,676,286 8,459,216 8,676,286 8,459,216


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
217,070 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
8,676,286 8,459,216 8,676,286 8,459,216

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 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 15,554,210 0.8290 18,762,618 15,554,210
B. MULTIFAMILY RESIDENCES 538,020 N/A 538,020 538,020
C1. VACANT LOTS 844,140 N/A 844,140 844,140
D1. QUALIFIED AG LAND 8,901,540 1.0438 8,528,036 8,901,540
D2. REAL PROP:FARM & RANCH 1,339,560 N/A 1,339,560 1,339,560
E. REAL PROP NONQUAL ACREAGE 28,466,590 0.9113 31,237,342 28,466,590
F1. COMMERCIAL REAL 1,920,330 N/A 1,920,330 1,920,330
F2. INDUSTRIAL REAL 213,510 N/A 213,510 213,510
G. OIL,GAS,MINERALS 11,520,449 1.0206 11,287,918 11,520,449
J. UTILITIES 19,633,880 1.1789 16,654,407 19,633,880
L1. COMMERCIAL PERSONAL 1,727,340 N/A 1,727,340 1,727,340
L2. INDUSTRIAL PERSONAL 11,938,840 N/A 11,938,840 11,938,840
M. MOBILE HOMES 925,990 N/A 925,990 925,990
Subtotal 103,524,399 0 105,918,051 103,524,399
Less Total Deductions 15,656,851 0 18,265,699 15,656,851
Total Taxable Value 87,867,548 0 87,652,352 87,867,548

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
90,802,249 87,867,548 90,802,249 87,867,548


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,934,701 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
90,802,249 87,867,548 90,802,249 87,867,548

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 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 17,103,480 0.8420 20,311,888 17,103,480
B. MULTIFAMILY RESIDENCES 538,020 N/A 538,020 538,020
C1. VACANT LOTS 932,840 N/A 932,840 932,840
D1. QUALIFIED AG LAND 9,231,733 1.0422 8,858,229 9,231,733
D2. REAL PROP:FARM & RANCH 1,834,750 N/A 1,834,750 1,834,750
E. REAL PROP NONQUAL ACREAGE 29,767,140 0.9148 32,537,892 29,767,140
F1. COMMERCIAL REAL 2,575,180 N/A 2,575,180 2,575,180
F2. INDUSTRIAL REAL 213,510 N/A 213,510 213,510
G. OIL,GAS,MINERALS 11,778,423 1.0201 11,545,892 11,778,423
J. UTILITIES 23,799,450 1.1431 20,819,977 23,799,450
L1. COMMERCIAL PERSONAL 2,463,780 N/A 2,463,780 2,463,780
L2. INDUSTRIAL PERSONAL 13,454,290 N/A 13,454,290 13,454,290
M. MOBILE HOMES 1,028,540 N/A 1,028,540 1,028,540
Subtotal 114,721,136 117,114,788 114,721,136
Less Total Deductions 18,394,372 21,003,220 18,394,372
Total Taxable Value 96,326,764 96,111,568 96,326,764

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
99,478,535 96,326,764 99,478,535 96,326,764


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
3,151,771 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
99,478,535 96,326,764 99,478,535 96,326,764

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