taxes Property Tax Assistance

2023 ISD Summary Worksheet

Wells ISD (all splits)   Angelina County   Cherokee County  

003-Angelina/Angelina County

037-909/Wells ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 2,370,910 N/A 2,370,910 2,370,910
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 227,170 N/A 227,170 227,170
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 323,802 N/A 323,802 323,802
D2 - FARM & RANCH IMP 1,106,750 N/A 1,106,750 1,106,750
E - NON-AG LAND AND IMPROVEMENTS 2,943,040 N/A 2,943,040 2,943,040
F1 - COMMERCIAL REAL 974,890 N/A 974,890 974,890
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 652,017 N/A 652,017 652,017
J - ALL UTILITIES 4,789,820 N/A 4,789,820 4,789,820
L1 - COMMERCIAL PERSONAL 553,700 N/A 553,700 553,700
L2 - INDUSTRIAL PERSONAL 1,420,840 N/A 1,420,840 1,420,840
M1 - MOBILE HOMES 523,140 N/A 523,140 523,140
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 15,886,079 0 15,886,079 15,886,079
Less Total Deductions 4,024,388 0 4,024,388 4,024,388
Total Taxable Value 11,861,691 0 11,861,691 11,861,691

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

Measure Value Description
T1 12,959,155 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 11,861,691 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 12,959,155 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 11,861,691 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 13,349,155 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 13,609,155 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 12,069,049 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 12,959,155 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 11,861,691 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 12,959,155 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 11,861,691 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 13,349,155 T13 plus the loss to the chapter 313 agreement
T16 13,609,155 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 12,069,049 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 1,097,464 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 390,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 260,000 Loss to Second Previous Homestead Increase

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


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037-Cherokee/Cherokee County

037-909/Wells ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 31,685,510 0.9834 32,220,368 31,685,510
B - MULTIFAMILY 445,260 N/A 445,260 445,260
C1 - VACANT LOTS 1,163,790 N/A 1,163,790 1,163,790
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 7,647,990 1.0944 6,987,977 7,647,990
D2 - FARM & RANCH IMP 3,405,080 N/A 3,405,080 3,405,080
E - NON-AG LAND AND IMPROVEMENTS 57,524,380 0.9014 63,816,707 57,524,380
F1 - COMMERCIAL REAL 3,863,070 N/A 3,863,070 3,863,070
F2 - INDUSTRIAL REAL 889,880 N/A 889,880 889,880
G - ALL MINERALS 14,614,334 1.0484 13,939,655 14,614,334
J - ALL UTILITIES 23,194,630 0.8707 26,639,061 23,194,630
L1 - COMMERCIAL PERSONAL 2,691,810 N/A 2,691,810 2,691,810
L2 - INDUSTRIAL PERSONAL 12,456,520 N/A 12,456,520 12,456,520
M1 - MOBILE HOMES 3,156,010 N/A 3,156,010 3,156,010
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 162,738,264 0 171,675,188 162,738,264
Less Total Deductions 46,733,664 0 47,289,290 46,733,664
Total Taxable Value 116,004,600 0 124,385,898 116,004,600

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

Measure Value Description
T1 127,586,338 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 116,004,600 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 127,586,338 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 116,004,600 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 133,856,338 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 138,036,338 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 118,190,246 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 127,586,338 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 116,004,600 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 127,586,338 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 116,004,600 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 133,856,338 T13 plus the loss to the chapter 313 agreement
T16 138,036,338 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 118,190,246 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 11,581,738 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 6,270,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 4,180,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED


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037-909-02/Wells ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 34,056,420 0.9845 34,591,278 34,056,420
B - MULTIFAMILY 445,260 N/A 445,260 445,260
C1 - VACANT LOTS 1,390,960 N/A 1,390,960 1,390,960
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 7,971,792 1.0903 7,311,779 7,971,792
D2 - FARM & RANCH IMP 4,511,830 N/A 4,511,830 4,511,830
E - NON-AG LAND AND IMPROVEMENTS 60,467,420 0.9057 66,759,747 60,467,420
F1 - COMMERCIAL REAL 4,837,960 N/A 4,837,960 4,837,960
F2 - INDUSTRIAL REAL 889,880 N/A 889,880 889,880
G - ALL MINERALS 15,266,351 1.0462 14,591,672 15,266,351
J - ALL UTILITIES 27,984,450 0.8904 31,428,881 27,984,450
L1 - COMMERCIAL PERSONAL 3,245,510 N/A 3,245,510 3,245,510
L2 - INDUSTRIAL PERSONAL 13,877,360 N/A 13,877,360 13,877,360
M1 - MOBILE HOMES 3,679,150 N/A 3,679,150 3,679,150
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 178,624,343 187,561,267 178,624,343
Less Total Deductions 50,758,052 51,313,678 50,758,052
Total Taxable Value 127,866,291 136,247,589 127,866,291

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

Measure Value Description
T1 140,545,493 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 127,866,291 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 140,545,493 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 127,866,291 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 147,205,493 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 151,645,493 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 130,259,295 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 140,545,493 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 127,866,291 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 140,545,493 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 127,866,291 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 147,205,493 T13 plus the loss to the chapter 313 agreement
T16 151,645,493 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 130,259,295 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 12,679,202 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 6,660,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 4,440,000 Loss to Second Previous Homestead Increase

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