taxes Property Tax Assistance

2021 ISD Summary Worksheet

241-Wharton /Wharton County

241-906/Louise ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	88,012,651	1.0267	85,723,825	88,012,651
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	4,522,162	N/A	4,522,162	4,522,162
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	32,468,426	1.0241	31,704,672	32,468,426
D2 - FARM & RANCH IMP	2,583,443	N/A	2,583,443	2,583,443
E - NON-AG LAND AND IMPROVEMENTS	82,849,645	1.0331	80,195,184	82,849,645
F1 - COMMERCIAL REAL	40,144,217	0.9551	42,031,428	40,144,217
F2 - INDUSTRIAL REAL	20,640,334	N/A	20,640,334	20,640,334
G - ALL MINERALS	2,148,188	N/A	2,148,188	2,148,188
J - ALL UTILITIES	92,949,375	0.9429	98,578,190	92,949,375
L1 - COMMERCIAL PERSONAL	20,591,044	0.9766	21,084,419	20,591,044
L2 - INDUSTRIAL PERSONAL	13,811,006	N/A	13,811,006	13,811,006
M1 - MOBILE HOMES	237,516	N/A	237,516	237,516
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	552,804	N/A	552,804	552,804
Subtotal	401,510,811	0	403,813,171	401,510,811
Less Total Deductions	32,383,397	0	31,391,530	32,383,397
Total Taxable Value	369,127,414	0	372,421,641	369,127,414

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
374,908,154	369,127,414	374,908,154	369,127,414

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
5,780,740	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
374,908,154	369,127,414	374,908,154	369,127,414

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

241-906-02/Louise ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	88,012,651	1.0267	85,723,825	88,012,651
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	4,522,162	N/A	4,522,162	4,522,162
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	32,468,426	1.0241	31,704,672	32,468,426
D2 - FARM & RANCH IMP	2,583,443	N/A	2,583,443	2,583,443
E - NON-AG LAND AND IMPROVEMENTS	82,849,645	1.0331	80,195,184	82,849,645
F1 - COMMERCIAL REAL	40,144,217	0.9551	42,031,428	40,144,217
F2 - INDUSTRIAL REAL	20,640,334	N/A	20,640,334	20,640,334
G - ALL MINERALS	2,148,188	N/A	2,148,188	2,148,188
J - ALL UTILITIES	92,949,375	0.9429	98,578,190	92,949,375
L1 - COMMERCIAL PERSONAL	20,591,044	0.9766	21,084,419	20,591,044
L2 - INDUSTRIAL PERSONAL	13,811,006	N/A	13,811,006	13,811,006
M1 - MOBILE HOMES	237,516	N/A	237,516	237,516
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	552,804	N/A	552,804	552,804
Subtotal	401,510,811		403,813,171	401,510,811
Less Total Deductions	32,383,397		31,391,530	32,383,397
Total Taxable Value	369,127,414		372,421,641	369,127,414

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
374,908,154	369,127,414	374,908,154	369,127,414

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
5,780,740	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
374,908,154	369,127,414	374,908,154	369,127,414

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