taxes Property Tax Assistance

2020 ISD Summary Worksheet

003-Angelina

037-909/Wells ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	1,501,130	N/A	1,501,130	1,501,130
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	88,700	N/A	88,700	88,700
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	342,951	N/A	342,951	342,951
D2 - FARM & RANCH IMP	489,600	N/A	489,600	489,600
E - NON-AG LAND AND IMPROVEMENTS	1,574,230	N/A	1,574,230	1,574,230
F1 - COMMERCIAL REAL	778,590	N/A	778,590	778,590
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	159,311	N/A	159,311	159,311
J - ALL UTILITIES	4,303,760	N/A	4,303,760	4,303,760
L1 - COMMERCIAL PERSONAL	642,510	N/A	642,510	642,510
L2 - INDUSTRIAL PERSONAL	1,509,000	N/A	1,509,000	1,509,000
M1 - MOBILE HOMES	239,450	N/A	239,450	239,450
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	11,629,232	0	11,629,232	11,629,232
Less Total Deductions	2,751,867	0	2,751,867	2,751,867
Total Taxable Value	8,877,365	0	8,877,365	8,877,365

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
9,000,235	8,877,365	9,000,235	8,877,365

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
122,870	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
9,000,235	8,877,365	9,000,235	8,877,365

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

037-Cherokee

037-909/Wells ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	17,339,620	N/A	17,339,620	17,339,620
B - MULTIFAMILY	586,180	N/A	586,180	586,180
C1 - VACANT LOTS	839,210	N/A	839,210	839,210
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	9,347,100	N/A	9,347,100	9,347,100
D2 - FARM & RANCH IMP	1,999,950	N/A	1,999,950	1,999,950
E - NON-AG LAND AND IMPROVEMENTS	33,797,460	N/A	33,797,460	33,797,460
F1 - COMMERCIAL REAL	2,795,960	N/A	2,795,960	2,795,960
F2 - INDUSTRIAL REAL	874,850	N/A	874,850	874,850
G - ALL MINERALS	4,060,065	N/A	4,060,065	4,060,065
J - ALL UTILITIES	19,551,580	N/A	19,551,580	19,551,580
L1 - COMMERCIAL PERSONAL	1,504,080	N/A	1,504,080	1,504,080
L2 - INDUSTRIAL PERSONAL	11,555,000	N/A	11,555,000	11,555,000
M1 - MOBILE HOMES	1,155,990	N/A	1,155,990	1,155,990
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	105,407,045	0	105,407,045	105,407,045
Less Total Deductions	19,118,528	0	19,118,528	19,118,528
Total Taxable Value	86,288,517	0	86,288,517	86,288,517

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
89,248,830	86,288,517	89,248,830	86,288,517

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
2,960,313	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
89,248,830	86,288,517	89,248,830	86,288,517

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

037-909-02/Wells ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	18,840,750	N/A	18,840,750	18,840,750
B - MULTIFAMILY	586,180	N/A	586,180	586,180
C1 - VACANT LOTS	927,910	N/A	927,910	927,910
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	9,690,051	N/A	9,690,051	9,690,051
D2 - FARM & RANCH IMP	2,489,550	N/A	2,489,550	2,489,550
E - NON-AG LAND AND IMPROVEMENTS	35,371,690	N/A	35,371,690	35,371,690
F1 - COMMERCIAL REAL	3,574,550	N/A	3,574,550	3,574,550
F2 - INDUSTRIAL REAL	874,850	N/A	874,850	874,850
G - ALL MINERALS	4,219,376	N/A	4,219,376	4,219,376
J - ALL UTILITIES	23,855,340	N/A	23,855,340	23,855,340
L1 - COMMERCIAL PERSONAL	2,146,590	N/A	2,146,590	2,146,590
L2 - INDUSTRIAL PERSONAL	13,064,000	N/A	13,064,000	13,064,000
M1 - MOBILE HOMES	1,395,440	N/A	1,395,440	1,395,440
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	117,036,277		117,036,277	117,036,277
Less Total Deductions	21,870,395		21,870,395	21,870,395
Total Taxable Value	95,165,882		95,165,882	95,165,882

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
98,249,065	95,165,882	98,249,065	95,165,882

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
3,083,183	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
98,249,065	95,165,882	98,249,065	95,165,882

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