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