taxes Property Tax Assistance

2021 ISD Summary Worksheet

241-Wharton /Wharton County

241-904/Wharton ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 479,327,555 0.9991 479,759,338 479,327,555
B - MULTIFAMILY 24,200,054 N/A 24,200,054 24,200,054
C1 - VACANT LOTS 27,133,943 N/A 27,133,943 27,133,943
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 29,209,765 1.0153 28,770,750 29,209,765
D2 - FARM & RANCH IMP 2,665,546 N/A 2,665,546 2,665,546
E - NON-AG LAND AND IMPROVEMENTS 75,803,497 0.9937 76,284,087 75,803,497
F1 - COMMERCIAL REAL 148,658,445 0.9604 154,788,052 148,658,445
F2 - INDUSTRIAL REAL 462,345,736 N/A 462,345,736 462,345,736
G - ALL MINERALS 16,749,474 N/A 16,749,474 16,749,474
J - ALL UTILITIES 75,915,190 0.9554 79,459,064 75,915,190
L1 - COMMERCIAL PERSONAL 43,833,641 1.0324 42,458,002 43,833,641
L2 - INDUSTRIAL PERSONAL 138,011,982 N/A 138,011,982 138,011,982
M1 - MOBILE HOMES 1,458,528 N/A 1,458,528 1,458,528
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 1,806,864 N/A 1,806,864 1,806,864
Subtotal 1,527,120,220 0 1,535,891,420 1,527,120,220
Less Total Deductions 255,365,536 0 255,539,275 255,365,536
Total Taxable Value 1,271,754,684 0 1,280,352,145 1,271,754,684

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
1,294,893,392 1,271,754,684 1,294,893,392 1,271,754,684


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
23,138,708 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
1,294,893,392 1,271,754,684 1,294,893,392 1,271,754,684

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

241-904-02/Wharton ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 479,327,555 0.9991 479,759,338 479,327,555
B - MULTIFAMILY 24,200,054 N/A 24,200,054 24,200,054
C1 - VACANT LOTS 27,133,943 N/A 27,133,943 27,133,943
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 29,209,765 1.0153 28,770,750 29,209,765
D2 - FARM & RANCH IMP 2,665,546 N/A 2,665,546 2,665,546
E - NON-AG LAND AND IMPROVEMENTS 75,803,497 0.9937 76,284,087 75,803,497
F1 - COMMERCIAL REAL 148,658,445 0.9604 154,788,052 148,658,445
F2 - INDUSTRIAL REAL 462,345,736 N/A 462,345,736 462,345,736
G - ALL MINERALS 16,749,474 N/A 16,749,474 16,749,474
J - ALL UTILITIES 75,915,190 0.9554 79,459,064 75,915,190
L1 - COMMERCIAL PERSONAL 43,833,641 1.0324 42,458,002 43,833,641
L2 - INDUSTRIAL PERSONAL 138,011,982 N/A 138,011,982 138,011,982
M1 - MOBILE HOMES 1,458,528 N/A 1,458,528 1,458,528
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 1,806,864 N/A 1,806,864 1,806,864
Subtotal 1,527,120,220 1,535,891,420 1,527,120,220
Less Total Deductions 255,365,536 255,539,275 255,365,536
Total Taxable Value 1,271,754,684 1,280,352,145 1,271,754,684

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
1,294,893,392 1,271,754,684 1,294,893,392 1,271,754,684


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
23,138,708 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
1,294,893,392 1,271,754,684 1,294,893,392 1,271,754,684

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