taxes Property Tax Assistance

2020 ISD Summary Worksheet

074-Fannin /Fannin County

116-909/Wolfe City ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 985,450 N/A 985,450 985,450
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 556,142 N/A 556,142 556,142
D2 - FARM & RANCH IMP 307,760 N/A 307,760 307,760
E - NON-AG LAND AND IMPROVEMENTS 3,837,230 N/A 3,837,230 3,837,230
F1 - COMMERCIAL REAL 74,160 N/A 74,160 74,160
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 4,821,100 N/A 4,821,100 4,821,100
L1 - COMMERCIAL PERSONAL 0 N/A 0 0
L2 - INDUSTRIAL PERSONAL 273,240 N/A 273,240 273,240
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 10,855,082 0 10,855,082 10,855,082
Less Total Deductions 1,028,415 0 1,028,415 1,028,415
Total Taxable Value 9,826,667 0 9,826,667 9,826,667

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
9,956,347 9,826,667 9,956,347 9,826,667


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
129,680 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
9,956,347 9,826,667 9,956,347 9,826,667

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

116-Hunt /Hunt County

116-909/Wolfe City ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 39,522,144 N/A 39,522,144 39,522,144
B - MULTIFAMILY 3,162,638 N/A 3,162,638 3,162,638
C1 - VACANT LOTS 2,148,000 N/A 2,148,000 2,148,000
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,172,890 N/A 4,172,890 4,172,890
D2 - FARM & RANCH IMP 5,383,977 N/A 5,383,977 5,383,977
E - NON-AG LAND AND IMPROVEMENTS 118,558,792 N/A 118,558,792 118,558,792
F1 - COMMERCIAL REAL 6,925,948 N/A 6,925,948 6,925,948
F2 - INDUSTRIAL REAL 1,076,993 N/A 1,076,993 1,076,993
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 10,945,870 N/A 10,945,870 10,945,870
L1 - COMMERCIAL PERSONAL 2,876,074 N/A 2,876,074 2,876,074
L2 - INDUSTRIAL PERSONAL 2,963,820 N/A 2,963,820 2,963,820
M1 - MOBILE HOMES 1,873,050 N/A 1,873,050 1,873,050
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 3,100 N/A 3,100 3,100
Subtotal 199,613,296 0 199,613,296 199,613,296
Less Total Deductions 48,203,407 0 48,203,407 48,203,407
Total Taxable Value 151,409,889 0 151,409,889 151,409,889

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
158,083,372 151,409,889 158,083,372 151,409,889


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,673,483 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
158,083,372 151,409,889 158,083,372 151,409,889

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

116-909-02/Wolfe City ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 40,507,594 N/A 40,507,594 40,507,594
B - MULTIFAMILY 3,162,638 N/A 3,162,638 3,162,638
C1 - VACANT LOTS 2,148,000 N/A 2,148,000 2,148,000
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,729,032 N/A 4,729,032 4,729,032
D2 - FARM & RANCH IMP 5,691,737 N/A 5,691,737 5,691,737
E - NON-AG LAND AND IMPROVEMENTS 122,396,022 N/A 122,396,022 122,396,022
F1 - COMMERCIAL REAL 7,000,108 N/A 7,000,108 7,000,108
F2 - INDUSTRIAL REAL 1,076,993 N/A 1,076,993 1,076,993
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 15,766,970 N/A 15,766,970 15,766,970
L1 - COMMERCIAL PERSONAL 2,876,074 N/A 2,876,074 2,876,074
L2 - INDUSTRIAL PERSONAL 3,237,060 N/A 3,237,060 3,237,060
M1 - MOBILE HOMES 1,873,050 N/A 1,873,050 1,873,050
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 3,100 N/A 3,100 3,100
Subtotal 210,468,378 210,468,378 210,468,378
Less Total Deductions 49,231,822 49,231,822 49,231,822
Total Taxable Value 161,236,556 161,236,556 161,236,556

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
168,039,719 161,236,556 168,039,719 161,236,556


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
6,803,163 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
168,039,719 161,236,556 168,039,719 161,236,556

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