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