taxes Property Tax Assistance

2019 ISD Summary Worksheet

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 0.8484 40,567,465 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
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 0.9336 110,283,320 102,960,508
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
J. UTILITIES 9,568,170 0.9187 10,414,901 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
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 175,557,293 0 189,671,439 175,557,293
Less Total Deductions 42,838,109 0 50,282,837 42,838,109
Total Taxable Value 132,719,184 0 139,388,602 132,719,184

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

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 34,417,437 0.8484 40,567,465 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
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 0.9336 110,283,320 102,960,508
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
J. UTILITIES 9,568,170 0.9187 10,414,901 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
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 175,557,293 189,671,439 175,557,293
Less Total Deductions 42,838,109 50,282,837 42,838,109
Total Taxable Value 132,719,184 139,388,602 132,719,184

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