taxes Property Tax Assistance

2019 ISD Summary Worksheet

074-Fannin

116-909/Wolfe City ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 915,410 N/A 915,410 915,410
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 566,540 N/A 566,540 566,540
D2. REAL PROP:FARM & RANCH 300,130 N/A 300,130 300,130
E. REAL PROP NONQUAL ACREAGE 3,121,300 N/A 3,121,300 3,121,300
F1. COMMERCIAL REAL 72,560 N/A 72,560 72,560
F2. INDUSTRIAL REAL 0 N/A 0 0
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 4,535,920 N/A 4,535,920 4,535,920
L1. COMMERCIAL PERSONAL 0 N/A 0 0
L2. INDUSTRIAL PERSONAL 273,340 N/A 273,340 273,340
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 9,785,200 0 9,785,200 9,785,200
Less Total Deductions 1,002,213 0 1,002,213 1,002,213
Total Taxable Value 8,782,987 0 8,782,987 8,782,987

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
8,911,778 8,782,987 8,911,778 8,782,987


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
128,791 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
8,911,778 8,782,987 8,911,778 8,782,987

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

116-Hunt

116-909/Wolfe City ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 34,417,437 0.8724 39,451,441 34,417,437
B. MULTIFAMILY RESIDENCES 2,739,120 N/A 2,739,120 2,739,120
C1. VACANT LOTS 1,335,960 N/A 1,335,960 1,335,960
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 4,146,100 1.0521 3,940,675 4,146,100
D2. REAL PROP:FARM & RANCH 5,249,671 N/A 5,249,671 5,249,671
E. REAL PROP NONQUAL ACREAGE 102,960,508 0.9575 107,530,557 102,960,508
F1. COMMERCIAL REAL 6,967,308 N/A 6,967,308 6,967,308
F2. INDUSTRIAL REAL 1,070,933 N/A 1,070,933 1,070,933
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 9,568,170 0.9695 9,869,180 9,568,170
L1. COMMERCIAL PERSONAL 2,322,546 N/A 2,322,546 2,322,546
L2. INDUSTRIAL PERSONAL 3,319,600 N/A 3,319,600 3,319,600
M. MOBILE HOMES 1,459,940 N/A 1,459,940 1,459,940
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 175,557,293 0 185,256,931 175,557,293
Less Total Deductions 42,838,109 0 48,931,803 42,838,109
Total Taxable Value 132,719,184 0 136,325,128 132,719,184

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
139,237,784 132,719,184 139,237,784 132,719,184


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,518,600 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
139,237,784 132,719,184 139,237,784 132,719,184

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

116-909-02/Wolfe City ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 35,332,847 0.8753 40,366,851 35,332,847
B. MULTIFAMILY RESIDENCES 2,739,120 N/A 2,739,120 2,739,120
C1. VACANT LOTS 1,335,960 N/A 1,335,960 1,335,960
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 4,712,640 1.0456 4,507,215 4,712,640
D2. REAL PROP:FARM & RANCH 5,549,801 N/A 5,549,801 5,549,801
E. REAL PROP NONQUAL ACREAGE 106,081,808 0.9587 110,651,857 106,081,808
F1. COMMERCIAL REAL 7,039,868 N/A 7,039,868 7,039,868
F2. INDUSTRIAL REAL 1,070,933 N/A 1,070,933 1,070,933
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 14,104,090 0.9791 14,405,100 14,104,090
L1. COMMERCIAL PERSONAL 2,322,546 N/A 2,322,546 2,322,546
L2. INDUSTRIAL PERSONAL 3,592,940 N/A 3,592,940 3,592,940
M. MOBILE HOMES 1,459,940 N/A 1,459,940 1,459,940
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 185,342,493 195,042,131 185,342,493
Less Total Deductions 43,840,322 49,934,016 43,840,322
Total Taxable Value 141,502,171 145,108,115 141,502,171

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
148,149,562 141,502,171 148,149,562 141,502,171


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
6,647,391 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
148,149,562 141,502,171 148,149,562 141,502,171

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