taxes Property Tax Assistance

2022 ISD Summary Worksheet

090-Gray/Gray County

242-903/Wheeler ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 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 124,666 N/A 124,666 124,666
D2 - FARM & RANCH IMP 250 N/A 250 250
E - NON-AG LAND AND IMPROVEMENTS 95,790 N/A 95,790 95,790
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 170,620 N/A 170,620 170,620
J - ALL UTILITIES 756,930 N/A 756,930 756,930
L1 - COMMERCIAL PERSONAL 0 N/A 0 0
L2 - INDUSTRIAL PERSONAL 2,720 N/A 2,720 2,720
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 1,150,976 0 1,150,976 1,150,976
Less Total Deductions 34,300 0 34,300 34,300
Total Taxable Value 1,116,676 0 1,116,676 1,116,676

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 T13
1,116,676 1,116,676 1,116,676 1,116,676 1,117,816


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
0 0 1,140


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
1,116,676 1,116,676 1,116,676 1,116,676 1,117,816

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

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 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 44,981,590 N/A 44,981,590 44,981,590
B - MULTIFAMILY 1,275,840 N/A 1,275,840 1,275,840
C1 - VACANT LOTS 667,010 N/A 667,010 667,010
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 6,433,663 N/A 6,433,663 6,433,663
D2 - FARM & RANCH IMP 2,775,890 N/A 2,775,890 2,775,890
E - NON-AG LAND AND IMPROVEMENTS 22,137,930 N/A 22,137,930 22,137,930
F1 - COMMERCIAL REAL 14,270,910 N/A 14,270,910 14,270,910
F2 - INDUSTRIAL REAL 3,225,230 N/A 3,225,230 3,225,230
G - ALL MINERALS 109,563,140 N/A 109,563,140 109,563,140
J - ALL UTILITIES 76,445,560 N/A 76,445,560 76,445,560
L1 - COMMERCIAL PERSONAL 4,658,280 N/A 4,658,280 4,658,280
L2 - INDUSTRIAL PERSONAL 3,799,180 N/A 3,799,180 3,799,180
M1 - MOBILE HOMES 2,231,870 N/A 2,231,870 2,231,870
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 120,720 N/A 120,720 120,720
Subtotal 292,586,813 0 292,586,813 292,586,813
Less Total Deductions 22,187,073 0 22,187,073 22,187,073
Total Taxable Value 270,399,740 0 270,399,740 270,399,740

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 T13
275,484,450 270,399,740 275,484,450 270,399,740 279,664,450


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
5,084,710 0 4,180,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
275,484,450 270,399,740 275,484,450 270,399,740 279,664,450

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

242-903-02/Wheeler ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 44,981,590 N/A 44,981,590 44,981,590
B - MULTIFAMILY 1,275,840 N/A 1,275,840 1,275,840
C1 - VACANT LOTS 667,010 N/A 667,010 667,010
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 6,558,329 N/A 6,558,329 6,558,329
D2 - FARM & RANCH IMP 2,776,140 N/A 2,776,140 2,776,140
E - NON-AG LAND AND IMPROVEMENTS 22,233,720 N/A 22,233,720 22,233,720
F1 - COMMERCIAL REAL 14,270,910 N/A 14,270,910 14,270,910
F2 - INDUSTRIAL REAL 3,225,230 N/A 3,225,230 3,225,230
G - ALL MINERALS 109,733,760 N/A 109,733,760 109,733,760
J - ALL UTILITIES 77,202,490 N/A 77,202,490 77,202,490
L1 - COMMERCIAL PERSONAL 4,658,280 N/A 4,658,280 4,658,280
L2 - INDUSTRIAL PERSONAL 3,801,900 N/A 3,801,900 3,801,900
M1 - MOBILE HOMES 2,231,870 N/A 2,231,870 2,231,870
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 120,720 N/A 120,720 120,720
Subtotal 293,737,789 293,737,789 293,737,789
Less Total Deductions 22,221,373 22,221,373 22,221,373
Total Taxable Value 271,516,416 271,516,416 271,516,416

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 T13
276,601,126 271,516,416 276,601,126 271,516,416 280,782,266


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
5,084,710 0 4,181,140


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
276,601,126 271,516,416 276,601,126 271,516,416 280,782,266

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement