taxes Property Tax Assistance

2019 ISD Summary Worksheet

242-Wheeler

242-905/Kelton ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	93,200	N/A	93,200	93,200
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	1,390	N/A	1,390	1,390
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	5,571,700	0.9916	5,618,942	5,571,700
D2. REAL PROP:FARM & RANCH	1,570,580	N/A	1,570,580	1,570,580
E. REAL PROP NONQUAL ACREAGE	7,747,590	N/A	7,747,590	7,747,590
F1. COMMERCIAL REAL	54,830	N/A	54,830	54,830
F2. INDUSTRIAL REAL	111,449,640	N/A	111,449,640	111,449,640
G. OIL,GAS,MINERALS	320,019,510	1.0026	319,189,617	320,019,510
J. UTILITIES	160,888,600	0.9945	161,778,381	160,888,600
L1. COMMERCIAL PERSONAL	2,907,070	N/A	2,907,070	2,907,070
L2. INDUSTRIAL PERSONAL	3,190,030	N/A	3,190,030	3,190,030
M. MOBILE HOMES	255,640	N/A	255,640	255,640
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	613,749,780	0	613,856,910	613,749,780
Less Total Deductions	4,508,863	0	4,508,863	4,508,863
Total Taxable Value	609,240,917	0	609,348,047	609,240,917

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
609,530,637	609,240,917	609,530,637	609,240,917

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
289,720	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
609,530,637	609,240,917	609,530,637	609,240,917

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

242-905-02/Kelton ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	93,200	N/A	93,200	93,200
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	1,390	N/A	1,390	1,390
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	5,571,700	0.9916	5,618,942	5,571,700
D2. REAL PROP:FARM & RANCH	1,570,580	N/A	1,570,580	1,570,580
E. REAL PROP NONQUAL ACREAGE	7,747,590	N/A	7,747,590	7,747,590
F1. COMMERCIAL REAL	54,830	N/A	54,830	54,830
F2. INDUSTRIAL REAL	111,449,640	N/A	111,449,640	111,449,640
G. OIL,GAS,MINERALS	320,019,510	1.0026	319,189,617	320,019,510
J. UTILITIES	160,888,600	0.9945	161,778,381	160,888,600
L1. COMMERCIAL PERSONAL	2,907,070	N/A	2,907,070	2,907,070
L2. INDUSTRIAL PERSONAL	3,190,030	N/A	3,190,030	3,190,030
M. MOBILE HOMES	255,640	N/A	255,640	255,640
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	613,749,780		613,856,910	613,749,780
Less Total Deductions	4,508,863		4,508,863	4,508,863
Total Taxable Value	609,240,917		609,348,047	609,240,917

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
609,530,637	609,240,917	609,530,637	609,240,917

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
289,720	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
609,530,637	609,240,917	609,530,637	609,240,917

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