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