taxes Property Tax Assistance

2020 ISD Summary Worksheet

242-Wheeler /Wheeler County

242-905/Kelton ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 91,460 N/A 91,460 91,460
B - MULTIFAMILY 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 ACRES - QUALIFIED OPEN-SPACE LAND 5,151,168 N/A 5,151,168 5,151,168
D2 - FARM & RANCH IMP 1,474,240 N/A 1,474,240 1,474,240
E - NON-AG LAND AND IMPROVEMENTS 8,326,820 N/A 8,326,820 8,326,820
F1 - COMMERCIAL REAL 52,670 N/A 52,670 52,670
F2 - INDUSTRIAL REAL 96,243,220 N/A 96,243,220 96,243,220
G - ALL MINERALS 208,491,610 N/A 208,491,610 208,491,610
J - ALL UTILITIES 150,374,380 N/A 150,374,380 150,374,380
L1 - COMMERCIAL PERSONAL 2,695,560 N/A 2,695,560 2,695,560
L2 - INDUSTRIAL PERSONAL 2,960,890 N/A 2,960,890 2,960,890
M1 - MOBILE HOMES 249,390 N/A 249,390 249,390
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 476,112,798 0 476,112,798 476,112,798
Less Total Deductions 4,463,519 0 4,463,519 4,463,519
Total Taxable Value 471,649,279 0 471,649,279 471,649,279

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
471,957,069 471,649,279 471,957,069 471,649,279


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
307,790 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
471,957,069 471,649,279 471,957,069 471,649,279

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 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 91,460 N/A 91,460 91,460
B - MULTIFAMILY 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 ACRES - QUALIFIED OPEN-SPACE LAND 5,151,168 N/A 5,151,168 5,151,168
D2 - FARM & RANCH IMP 1,474,240 N/A 1,474,240 1,474,240
E - NON-AG LAND AND IMPROVEMENTS 8,326,820 N/A 8,326,820 8,326,820
F1 - COMMERCIAL REAL 52,670 N/A 52,670 52,670
F2 - INDUSTRIAL REAL 96,243,220 N/A 96,243,220 96,243,220
G - ALL MINERALS 208,491,610 N/A 208,491,610 208,491,610
J - ALL UTILITIES 150,374,380 N/A 150,374,380 150,374,380
L1 - COMMERCIAL PERSONAL 2,695,560 N/A 2,695,560 2,695,560
L2 - INDUSTRIAL PERSONAL 2,960,890 N/A 2,960,890 2,960,890
M1 - MOBILE HOMES 249,390 N/A 249,390 249,390
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 476,112,798 476,112,798 476,112,798
Less Total Deductions 4,463,519 4,463,519 4,463,519
Total Taxable Value 471,649,279 471,649,279 471,649,279

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
471,957,069 471,649,279 471,957,069 471,649,279


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
307,790 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
471,957,069 471,649,279 471,957,069 471,649,279

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