taxes Property Tax Assistance

2020 ISD Summary Worksheet

090-Gray /Gray County

242-903/Wheeler ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 0 N/A 0 0
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 0 N/A 0 0
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 101,329 N/A 101,329 101,329
D2 - FARM & RANCH IMP 250 N/A 250 250
E - NON-AG LAND AND IMPROVEMENTS 89,270 N/A 89,270 89,270
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 43,240 N/A 43,240 43,240
J - ALL UTILITIES 722,670 N/A 722,670 722,670
L1 - COMMERCIAL PERSONAL 0 N/A 0 0
L2 - INDUSTRIAL PERSONAL 11,130 N/A 11,130 11,130
M1 - MOBILE HOMES 0 N/A 0 0
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 967,889 0 967,889 967,889
Less Total Deductions 27,780 0 27,780 27,780
Total Taxable Value 940,109 0 940,109 940,109

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
940,109 940,109 940,109 940,109


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
940,109 940,109 940,109 940,109

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 /Wheeler County

242-903/Wheeler ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 40,424,690 N/A 40,424,690 40,424,690
B - MULTIFAMILY 1,308,030 N/A 1,308,030 1,308,030
C1 - VACANT LOTS 635,490 N/A 635,490 635,490
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 6,900,597 N/A 6,900,597 6,900,597
D2 - FARM & RANCH IMP 2,127,090 N/A 2,127,090 2,127,090
E - NON-AG LAND AND IMPROVEMENTS 20,346,820 N/A 20,346,820 20,346,820
F1 - COMMERCIAL REAL 11,900,620 N/A 11,900,620 11,900,620
F2 - INDUSTRIAL REAL 3,387,830 N/A 3,387,830 3,387,830
G - ALL MINERALS 78,694,390 N/A 78,694,390 78,694,390
J - ALL UTILITIES 76,755,670 N/A 76,755,670 76,755,670
L1 - COMMERCIAL PERSONAL 5,600,880 N/A 5,600,880 5,600,880
L2 - INDUSTRIAL PERSONAL 7,677,040 N/A 7,677,040 7,677,040
M1 - MOBILE HOMES 2,041,200 N/A 2,041,200 2,041,200
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 800,550 N/A 800,550 800,550
Subtotal 258,600,897 0 258,600,897 258,600,897
Less Total Deductions 18,126,544 0 18,126,544 18,126,544
Total Taxable Value 240,474,353 0 240,474,353 240,474,353

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
244,251,533 240,474,353 244,251,533 240,474,353


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,777,180 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
244,251,533 240,474,353 244,251,533 240,474,353

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 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 40,424,690 N/A 40,424,690 40,424,690
B - MULTIFAMILY 1,308,030 N/A 1,308,030 1,308,030
C1 - VACANT LOTS 635,490 N/A 635,490 635,490
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 7,001,926 N/A 7,001,926 7,001,926
D2 - FARM & RANCH IMP 2,127,340 N/A 2,127,340 2,127,340
E - NON-AG LAND AND IMPROVEMENTS 20,436,090 N/A 20,436,090 20,436,090
F1 - COMMERCIAL REAL 11,900,620 N/A 11,900,620 11,900,620
F2 - INDUSTRIAL REAL 3,387,830 N/A 3,387,830 3,387,830
G - ALL MINERALS 78,737,630 N/A 78,737,630 78,737,630
J - ALL UTILITIES 77,478,340 N/A 77,478,340 77,478,340
L1 - COMMERCIAL PERSONAL 5,600,880 N/A 5,600,880 5,600,880
L2 - INDUSTRIAL PERSONAL 7,688,170 N/A 7,688,170 7,688,170
M1 - MOBILE HOMES 2,041,200 N/A 2,041,200 2,041,200
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 800,550 N/A 800,550 800,550
Subtotal 259,568,786 259,568,786 259,568,786
Less Total Deductions 18,154,324 18,154,324 18,154,324
Total Taxable Value 241,414,462 241,414,462 241,414,462

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
245,191,642 241,414,462 245,191,642 241,414,462


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
3,777,180 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
245,191,642 241,414,462 245,191,642 241,414,462

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