taxes Property Tax Assistance

2021 ISD Summary Worksheet

242-Wheeler /Wheeler County

242-905/Kelton ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	105,770	N/A	105,770	105,770
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	4,928,764	0.9969	4,944,334	4,928,764
D2 - FARM & RANCH IMP	1,601,440	N/A	1,601,440	1,601,440
E - NON-AG LAND AND IMPROVEMENTS	8,650,600	N/A	8,650,600	8,650,600
F1 - COMMERCIAL REAL	80,940	N/A	80,940	80,940
F2 - INDUSTRIAL REAL	99,021,840	N/A	99,021,840	99,021,840
G - ALL MINERALS	195,448,970	0.9834	198,748,190	195,448,970
J - ALL UTILITIES	131,703,680	0.9884	133,249,373	131,703,680
L1 - COMMERCIAL PERSONAL	2,315,130	N/A	2,315,130	2,315,130
L2 - INDUSTRIAL PERSONAL	910,050	N/A	910,050	910,050
M1 - MOBILE HOMES	292,990	N/A	292,990	292,990
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	445,061,564	0	449,922,047	445,061,564
Less Total Deductions	4,384,618	0	4,384,618	4,384,618
Total Taxable Value	440,676,946	0	445,537,429	440,676,946

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
440,977,116	440,676,946	440,977,116	440,676,946

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
300,170	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
440,977,116	440,676,946	440,977,116	440,676,946

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	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	105,770	N/A	105,770	105,770
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	4,928,764	0.9969	4,944,334	4,928,764
D2 - FARM & RANCH IMP	1,601,440	N/A	1,601,440	1,601,440
E - NON-AG LAND AND IMPROVEMENTS	8,650,600	N/A	8,650,600	8,650,600
F1 - COMMERCIAL REAL	80,940	N/A	80,940	80,940
F2 - INDUSTRIAL REAL	99,021,840	N/A	99,021,840	99,021,840
G - ALL MINERALS	195,448,970	0.9834	198,748,190	195,448,970
J - ALL UTILITIES	131,703,680	0.9884	133,249,373	131,703,680
L1 - COMMERCIAL PERSONAL	2,315,130	N/A	2,315,130	2,315,130
L2 - INDUSTRIAL PERSONAL	910,050	N/A	910,050	910,050
M1 - MOBILE HOMES	292,990	N/A	292,990	292,990
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	445,061,564		449,922,047	445,061,564
Less Total Deductions	4,384,618		4,384,618	4,384,618
Total Taxable Value	440,676,946		445,537,429	440,676,946

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
440,977,116	440,676,946	440,977,116	440,676,946

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
300,170	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
440,977,116	440,676,946	440,977,116	440,676,946

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