taxes Property Tax Assistance

2021 ISD Summary Worksheet

090-Gray /Gray County

242-903/Wheeler ISD

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	0	N/A	0	0
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	123,316	N/A	123,316	123,316
D2 - FARM & RANCH IMP	250	N/A	250	250
E - NON-AG LAND AND IMPROVEMENTS	89,270	N/A	89,270	89,270
F1 - COMMERCIAL REAL	0	N/A	0	0
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	63,970	N/A	63,970	63,970
J - ALL UTILITIES	743,540	N/A	743,540	743,540
L1 - COMMERCIAL PERSONAL	0	N/A	0	0
L2 - INDUSTRIAL PERSONAL	2,480	N/A	2,480	2,480
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	1,022,826	0	1,022,826	1,022,826
Less Total Deductions	27,780	0	27,780	27,780
Total Taxable Value	995,046	0	995,046	995,046

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
995,046	995,046	995,046	995,046

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
995,046	995,046	995,046	995,046

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-Wheeler /Wheeler County

242-903/Wheeler ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	44,657,970	0.9669	46,186,751	44,657,970
B - MULTIFAMILY	1,275,840	N/A	1,275,840	1,275,840
C1 - VACANT LOTS	633,340	N/A	633,340	633,340
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	6,608,734	1.0347	6,386,983	6,608,734
D2 - FARM & RANCH IMP	2,732,120	N/A	2,732,120	2,732,120
E - NON-AG LAND AND IMPROVEMENTS	22,506,150	0.9732	23,125,925	22,506,150
F1 - COMMERCIAL REAL	13,813,080	N/A	13,813,080	13,813,080
F2 - INDUSTRIAL REAL	3,225,230	N/A	3,225,230	3,225,230
G - ALL MINERALS	64,309,710	0.9855	65,255,921	64,309,710
J - ALL UTILITIES	72,056,310	0.8696	82,861,442	72,056,310
L1 - COMMERCIAL PERSONAL	5,044,960	N/A	5,044,960	5,044,960
L2 - INDUSTRIAL PERSONAL	5,572,010	N/A	5,572,010	5,572,010
M1 - MOBILE HOMES	1,995,100	N/A	1,995,100	1,995,100
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	724,500	N/A	724,500	724,500
Subtotal	245,155,054	0	258,833,202	245,155,054
Less Total Deductions	20,178,193	0	20,831,398	20,178,193
Total Taxable Value	224,976,861	0	238,001,804	224,976,861

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
228,770,191	224,976,861	228,770,191	224,976,861

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
3,793,330	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
228,770,191	224,976,861	228,770,191	224,976,861

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

242-903-02/Wheeler ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	44,657,970	0.9669	46,186,751	44,657,970
B - MULTIFAMILY	1,275,840	N/A	1,275,840	1,275,840
C1 - VACANT LOTS	633,340	N/A	633,340	633,340
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	6,732,050	1.0341	6,510,299	6,732,050
D2 - FARM & RANCH IMP	2,732,370	N/A	2,732,370	2,732,370
E - NON-AG LAND AND IMPROVEMENTS	22,595,420	0.9733	23,215,195	22,595,420
F1 - COMMERCIAL REAL	13,813,080	N/A	13,813,080	13,813,080
F2 - INDUSTRIAL REAL	3,225,230	N/A	3,225,230	3,225,230
G - ALL MINERALS	64,373,680	0.9855	65,319,891	64,373,680
J - ALL UTILITIES	72,799,850	0.8708	83,604,982	72,799,850
L1 - COMMERCIAL PERSONAL	5,044,960	N/A	5,044,960	5,044,960
L2 - INDUSTRIAL PERSONAL	5,574,490	N/A	5,574,490	5,574,490
M1 - MOBILE HOMES	1,995,100	N/A	1,995,100	1,995,100
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	724,500	N/A	724,500	724,500
Subtotal	246,177,880		259,856,028	246,177,880
Less Total Deductions	20,205,973		20,859,178	20,205,973
Total Taxable Value	225,971,907		238,996,850	225,971,907

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
229,765,237	225,971,907	229,765,237	225,971,907

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
3,793,330	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
229,765,237	225,971,907	229,765,237	225,971,907

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