taxes Property Tax Assistance

2021 ISD Summary Worksheet

083-Gaines /Gaines County

223-904/Wellman-Union CISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	0	N/A	0	0
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	800	N/A	800	800
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	162,460	N/A	162,460	162,460
D2 - FARM & RANCH IMP	0	N/A	0	0
E - NON-AG LAND AND IMPROVEMENTS	0	N/A	0	0
F1 - COMMERCIAL REAL	0	N/A	0	0
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	74,059	N/A	74,059	74,059
J - ALL UTILITIES	23,160	N/A	23,160	23,160
L1 - COMMERCIAL PERSONAL	0	N/A	0	0
L2 - INDUSTRIAL PERSONAL	0	N/A	0	0
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	260,479	0	260,479	260,479
Less Total Deductions	0	0	0	0
Total Taxable Value	260,479	0	260,479	260,479

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
260,479	260,479	260,479	260,479

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
0	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
260,479	260,479	260,479	260,479

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

223-Terry /Terry County

223-904/Wellman-Union CISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	2,817,675	N/A	2,817,675	2,817,675
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	33,534	N/A	33,534	33,534
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	29,654,008	0.9444	31,401,370	29,654,008
D2 - FARM & RANCH IMP	2,576,151	N/A	2,576,151	2,576,151
E - NON-AG LAND AND IMPROVEMENTS	19,559,429	0.7188	27,211,226	19,559,429
F1 - COMMERCIAL REAL	687,277	N/A	687,277	687,277
F2 - INDUSTRIAL REAL	8,263,393	N/A	8,263,393	8,263,393
G - ALL MINERALS	22,064,720	1.1160	19,771,254	22,064,720
J - ALL UTILITIES	11,964,777	0.7915	15,116,585	11,964,777
L1 - COMMERCIAL PERSONAL	264,887	N/A	264,887	264,887
L2 - INDUSTRIAL PERSONAL	32,935,394	N/A	32,935,394	32,935,394
M1 - MOBILE HOMES	277,042	N/A	277,042	277,042
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	131,098,287	0	141,355,788	131,098,287
Less Total Deductions	3,667,110	0	3,667,110	3,667,110
Total Taxable Value	127,431,177	0	137,688,678	127,431,177

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
128,140,319	127,431,177	128,140,319	127,431,177

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
709,142	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
128,140,319	127,431,177	128,140,319	127,431,177

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

223-904-02/Wellman-Union CISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	2,817,675	N/A	2,817,675	2,817,675
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	34,334	N/A	34,334	34,334
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	29,816,468	0.9446	31,563,830	29,816,468
D2 - FARM & RANCH IMP	2,576,151	N/A	2,576,151	2,576,151
E - NON-AG LAND AND IMPROVEMENTS	19,559,429	0.7188	27,211,226	19,559,429
F1 - COMMERCIAL REAL	687,277	N/A	687,277	687,277
F2 - INDUSTRIAL REAL	8,263,393	N/A	8,263,393	8,263,393
G - ALL MINERALS	22,138,779	1.1156	19,845,313	22,138,779
J - ALL UTILITIES	11,987,937	0.7918	15,139,745	11,987,937
L1 - COMMERCIAL PERSONAL	264,887	N/A	264,887	264,887
L2 - INDUSTRIAL PERSONAL	32,935,394	N/A	32,935,394	32,935,394
M1 - MOBILE HOMES	277,042	N/A	277,042	277,042
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	131,358,766		141,616,267	131,358,766
Less Total Deductions	3,667,110		3,667,110	3,667,110
Total Taxable Value	127,691,656		137,949,157	127,691,656

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
128,400,798	127,691,656	128,400,798	127,691,656

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
709,142	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
128,400,798	127,691,656	128,400,798	127,691,656

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