taxes Property Tax Assistance

2019 ISD Summary Worksheet

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242-903/Wheeler ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
D1. QUALIFIED AG LAND 101,330 N/A 101,330 101,330
D2. REAL PROP:FARM & RANCH 250 N/A 250 250
E. REAL PROP NONQUAL ACREAGE 90,220 N/A 90,220 90,220
G. OIL,GAS,MINERALS 285,860 N/A 285,860 285,860
J. UTILITIES 685,720 N/A 685,720 685,720
L2. INDUSTRIAL PERSONAL 2,870 N/A 2,870 2,870
Subtotal 1,166,250 0 1,166,250 1,166,250
Less Total Deductions 28,730 0 28,730 28,730
Total Taxable Value 1,137,520 0 1,137,520 1,137,520

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
1,137,520 1,137,520 1,137,520 1,137,520


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
1,137,520 1,137,520 1,137,520 1,137,520

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 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 39,491,860 0.9764 40,446,395 39,491,860
B. MULTIFAMILY RESIDENCES 1,297,370 N/A 1,297,370 1,297,370
C1. VACANT LOTS 747,840 N/A 747,840 747,840
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 7,363,230 1.0170 7,240,347 7,363,230
D2. REAL PROP:FARM & RANCH 2,126,810 N/A 2,126,810 2,126,810
E. REAL PROP NONQUAL ACREAGE 19,593,720 0.9612 20,384,644 19,593,720
F1. COMMERCIAL REAL 12,969,980 N/A 12,969,980 12,969,980
F2. INDUSTRIAL REAL 3,213,530 N/A 3,213,530 3,213,530
G. OIL,GAS,MINERALS 132,299,950 1.0001 132,286,721 132,299,950
J. UTILITIES 74,654,740 0.9851 75,783,920 74,654,740
L1. COMMERCIAL PERSONAL 7,171,320 N/A 7,171,320 7,171,320
L2. INDUSTRIAL PERSONAL 7,034,370 N/A 7,034,370 7,034,370
M. MOBILE HOMES 2,104,750 N/A 2,104,750 2,104,750
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 663,050 N/A 663,050 663,050
Subtotal 310,732,520 0 313,471,047 310,732,520
Less Total Deductions 17,958,444 0 18,300,542 17,958,444
Total Taxable Value 292,774,076 0 295,170,505 292,774,076

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
296,607,486 292,774,076 296,607,486 292,774,076


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,833,410 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
296,607,486 292,774,076 296,607,486 292,774,076

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 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 39,491,860 0.9764 40,446,395 39,491,860
B. MULTIFAMILY RESIDENCES 1,297,370 N/A 1,297,370 1,297,370
C1. VACANT LOTS 747,840 N/A 747,840 747,840
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 7,464,560 1.0167 7,341,677 7,464,560
D2. REAL PROP:FARM & RANCH 2,127,060 N/A 2,127,060 2,127,060
E. REAL PROP NONQUAL ACREAGE 19,683,940 0.9614 20,474,864 19,683,940
F1. COMMERCIAL REAL 12,969,980 N/A 12,969,980 12,969,980
F2. INDUSTRIAL REAL 3,213,530 N/A 3,213,530 3,213,530
G. OIL,GAS,MINERALS 132,585,810 1.0001 132,572,581 132,585,810
J. UTILITIES 75,340,460 0.9852 76,469,640 75,340,460
L1. COMMERCIAL PERSONAL 7,171,320 N/A 7,171,320 7,171,320
L2. INDUSTRIAL PERSONAL 7,037,240 N/A 7,037,240 7,037,240
M. MOBILE HOMES 2,104,750 N/A 2,104,750 2,104,750
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 663,050 N/A 663,050 663,050
Subtotal 311,898,770 314,637,297 311,898,770
Less Total Deductions 17,987,174 18,329,272 17,987,174
Total Taxable Value 293,911,596 296,308,025 293,911,596

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
297,745,006 293,911,596 297,745,006 293,911,596


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
3,833,410 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
297,745,006 293,911,596 297,745,006 293,911,596

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