taxes Property Tax Assistance

2019 ISD Summary Worksheet

241-Wharton

241-906/Louise ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	85,976,400	1.0448	82,289,816	85,976,400
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	4,790,494	N/A	4,790,494	4,790,494
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	38,144,325	1.1713	32,565,578	38,144,325
D2. REAL PROP:FARM & RANCH	3,019,035	N/A	3,019,035	3,019,035
E. REAL PROP NONQUAL ACREAGE	67,527,538	0.9967	67,751,117	67,527,538
F1. COMMERCIAL REAL	33,152,347	0.8750	37,888,397	33,152,347
F2. INDUSTRIAL REAL	566,447	N/A	566,447	566,447
G. OIL,GAS,MINERALS	3,383,380	N/A	3,383,380	3,383,380
J. UTILITIES	47,037,481	0.8446	55,692,021	47,037,481
L1. COMMERCIAL PERSONAL	23,424,279	1.0258	22,835,133	23,424,279
L2. INDUSTRIAL PERSONAL	14,450,901	N/A	14,450,901	14,450,901
M. MOBILE HOMES	223,262	N/A	223,262	223,262
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	510,952	N/A	510,952	510,952
Subtotal	322,206,841	0	325,966,533	322,206,841
Less Total Deductions	39,646,323	0	37,847,211	39,646,323
Total Taxable Value	282,560,518	0	288,119,322	282,560,518

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
288,330,586	282,560,518	288,330,586	282,560,518

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
5,770,068	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
288,330,586	282,560,518	288,330,586	282,560,518

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

241-906-02/Louise ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	85,976,400	1.0448	82,289,816	85,976,400
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	4,790,494	N/A	4,790,494	4,790,494
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	38,144,325	1.1713	32,565,578	38,144,325
D2. REAL PROP:FARM & RANCH	3,019,035	N/A	3,019,035	3,019,035
E. REAL PROP NONQUAL ACREAGE	67,527,538	0.9967	67,751,117	67,527,538
F1. COMMERCIAL REAL	33,152,347	0.8750	37,888,397	33,152,347
F2. INDUSTRIAL REAL	566,447	N/A	566,447	566,447
G. OIL,GAS,MINERALS	3,383,380	N/A	3,383,380	3,383,380
J. UTILITIES	47,037,481	0.8446	55,692,021	47,037,481
L1. COMMERCIAL PERSONAL	23,424,279	1.0258	22,835,133	23,424,279
L2. INDUSTRIAL PERSONAL	14,450,901	N/A	14,450,901	14,450,901
M. MOBILE HOMES	223,262	N/A	223,262	223,262
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	510,952	N/A	510,952	510,952
Subtotal	322,206,841		325,966,533	322,206,841
Less Total Deductions	39,646,323		37,847,211	39,646,323
Total Taxable Value	282,560,518		288,119,322	282,560,518

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
288,330,586	282,560,518	288,330,586	282,560,518

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
5,770,068	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
288,330,586	282,560,518	288,330,586	282,560,518

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