taxes Property Tax Assistance

2021 ISD Summary Worksheet

074-Fannin /Fannin County

116-909/Wolfe City ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	971,600	N/A	971,600	971,600
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	0	N/A	0	0
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	582,970	N/A	582,970	582,970
D2 - FARM & RANCH IMP	405,320	N/A	405,320	405,320
E - NON-AG LAND AND IMPROVEMENTS	5,515,360	N/A	5,515,360	5,515,360
F1 - COMMERCIAL REAL	840,820	N/A	840,820	840,820
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	5,405,210	N/A	5,405,210	5,405,210
L1 - COMMERCIAL PERSONAL	80,290	N/A	80,290	80,290
L2 - INDUSTRIAL PERSONAL	273,910	N/A	273,910	273,910
M1 - MOBILE HOMES	0	N/A	0	0
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	14,075,480	0	14,075,480	14,075,480
Less Total Deductions	795,842	0	795,842	795,842
Total Taxable Value	13,279,638	0	13,279,638	13,279,638

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
13,410,671	13,279,638	13,410,671	13,279,638

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
131,033	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
13,410,671	13,279,638	13,410,671	13,279,638

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

116-Hunt /Hunt County

116-909/Wolfe City ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	47,942,351	0.9492	50,508,166	47,942,351
B - MULTIFAMILY	3,300,175	N/A	3,300,175	3,300,175
C1 - VACANT LOTS	2,473,390	N/A	2,473,390	2,473,390
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	4,161,970	0.9530	4,367,130	4,161,970
D2 - FARM & RANCH IMP	6,193,450	N/A	6,193,450	6,193,450
E - NON-AG LAND AND IMPROVEMENTS	131,529,994	0.9573	137,396,839	131,529,994
F1 - COMMERCIAL REAL	7,039,770	N/A	7,039,770	7,039,770
F2 - INDUSTRIAL REAL	1,169,750	N/A	1,169,750	1,169,750
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	10,457,090	N/A	10,457,090	10,457,090
L1 - COMMERCIAL PERSONAL	2,825,505	N/A	2,825,505	2,825,505
L2 - INDUSTRIAL PERSONAL	3,092,730	N/A	3,092,730	3,092,730
M1 - MOBILE HOMES	2,999,720	N/A	2,999,720	2,999,720
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	223,185,895	0	231,823,715	223,185,895
Less Total Deductions	51,555,269	0	54,270,811	51,555,269
Total Taxable Value	171,630,626	0	177,552,904	171,630,626

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
178,122,900	171,630,626	178,122,900	171,630,626

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
6,492,274	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
178,122,900	171,630,626	178,122,900	171,630,626

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

116-909-02/Wolfe City ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	48,913,951	0.9502	51,479,766	48,913,951
B - MULTIFAMILY	3,300,175	N/A	3,300,175	3,300,175
C1 - VACANT LOTS	2,473,390	N/A	2,473,390	2,473,390
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	4,744,940	0.9586	4,950,100	4,744,940
D2 - FARM & RANCH IMP	6,598,770	N/A	6,598,770	6,598,770
E - NON-AG LAND AND IMPROVEMENTS	137,045,354	0.9589	142,912,199	137,045,354
F1 - COMMERCIAL REAL	7,880,590	N/A	7,880,590	7,880,590
F2 - INDUSTRIAL REAL	1,169,750	N/A	1,169,750	1,169,750
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	15,862,300	N/A	15,862,300	15,862,300
L1 - COMMERCIAL PERSONAL	2,905,795	N/A	2,905,795	2,905,795
L2 - INDUSTRIAL PERSONAL	3,366,640	N/A	3,366,640	3,366,640
M1 - MOBILE HOMES	2,999,720	N/A	2,999,720	2,999,720
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	237,261,375		245,899,195	237,261,375
Less Total Deductions	52,351,111		55,066,653	52,351,111
Total Taxable Value	184,910,264		190,832,542	184,910,264

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
191,533,571	184,910,264	191,533,571	184,910,264

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
6,623,307	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
191,533,571	184,910,264	191,533,571	184,910,264

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