taxes Property Tax Assistance

2020 ISD Summary Worksheet

241-Wharton

241-906/Louise ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	86,505,001	N/A	86,505,001	86,505,001
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	4,935,466	N/A	4,935,466	4,935,466
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	33,610,386	N/A	33,610,386	33,610,386
D2 - FARM & RANCH IMP	4,468,615	N/A	4,468,615	4,468,615
E - NON-AG LAND AND IMPROVEMENTS	67,175,620	N/A	67,175,620	67,175,620
F1 - COMMERCIAL REAL	33,789,553	N/A	33,789,553	33,789,553
F2 - INDUSTRIAL REAL	562,371	N/A	562,371	562,371
G - ALL MINERALS	2,351,892	N/A	2,351,892	2,351,892
J - ALL UTILITIES	48,722,570	N/A	48,722,570	48,722,570
L1 - COMMERCIAL PERSONAL	21,310,772	N/A	21,310,772	21,310,772
L2 - INDUSTRIAL PERSONAL	13,167,845	N/A	13,167,845	13,167,845
M1 - MOBILE HOMES	237,763	N/A	237,763	237,763
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	449,901	N/A	449,901	449,901
Subtotal	317,287,755	0	317,287,755	317,287,755
Less Total Deductions	35,301,988	0	35,301,988	35,301,988
Total Taxable Value	281,985,767	0	281,985,767	281,985,767

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
287,820,022	281,985,767	287,820,022	281,985,767

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
5,834,255	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
287,820,022	281,985,767	287,820,022	281,985,767

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

241-906-02/Louise ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	86,505,001	N/A	86,505,001	86,505,001
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	4,935,466	N/A	4,935,466	4,935,466
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	33,610,386	N/A	33,610,386	33,610,386
D2 - FARM & RANCH IMP	4,468,615	N/A	4,468,615	4,468,615
E - NON-AG LAND AND IMPROVEMENTS	67,175,620	N/A	67,175,620	67,175,620
F1 - COMMERCIAL REAL	33,789,553	N/A	33,789,553	33,789,553
F2 - INDUSTRIAL REAL	562,371	N/A	562,371	562,371
G - ALL MINERALS	2,351,892	N/A	2,351,892	2,351,892
J - ALL UTILITIES	48,722,570	N/A	48,722,570	48,722,570
L1 - COMMERCIAL PERSONAL	21,310,772	N/A	21,310,772	21,310,772
L2 - INDUSTRIAL PERSONAL	13,167,845	N/A	13,167,845	13,167,845
M1 - MOBILE HOMES	237,763	N/A	237,763	237,763
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	449,901	N/A	449,901	449,901
Subtotal	317,287,755		317,287,755	317,287,755
Less Total Deductions	35,301,988		35,301,988	35,301,988
Total Taxable Value	281,985,767		281,985,767	281,985,767

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
287,820,022	281,985,767	287,820,022	281,985,767

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
5,834,255	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
287,820,022	281,985,767	287,820,022	281,985,767

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