taxes Property Tax Assistance

2023 ISD Summary Worksheet

Wolfe City ISD (all splits)   Fannin County   Hunt County  

074-Fannin/Fannin County

116-909/Wolfe City ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 1,344,510 N/A 1,344,510 1,344,510
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 787,940 N/A 787,940 787,940
D2 - FARM & RANCH IMP 435,760 N/A 435,760 435,760
E - NON-AG LAND AND IMPROVEMENTS 8,601,720 N/A 8,601,720 8,601,720
F1 - COMMERCIAL REAL 588,850 N/A 588,850 588,850
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 4,091,330 N/A 4,091,330 4,091,330
L1 - COMMERCIAL PERSONAL 5,200 N/A 5,200 5,200
L2 - INDUSTRIAL PERSONAL 271,400 N/A 271,400 271,400
M1 - MOBILE HOMES 165,900 N/A 165,900 165,900
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 16,292,610 0 16,292,610 16,292,610
Less Total Deductions 2,464,014 0 2,464,014 2,464,014
Total Taxable Value 13,828,596 0 13,828,596 13,828,596

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 14,677,450 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 13,828,596 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 14,677,450 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 13,828,596 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 14,902,450 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 15,052,450 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 13,974,365 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 14,677,450 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 13,828,596 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 14,677,450 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 13,828,596 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 14,902,450 T13 plus the loss to the chapter 313 agreement
T16 15,052,450 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 13,974,365 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 848,854 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 225,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 150,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID BECAUSE THIS PORTION OF THE SCHOOL DISTRICT WAS TOO SMALL TO BE STUDIED, AND LOCAL VALUE WAS CERTIFIED


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116-Hunt/Hunt County

116-909/Wolfe City ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 75,029,218 0.9583 78,294,081 75,029,218
B - MULTIFAMILY 5,472,480 N/A 5,472,480 5,472,480
C1 - VACANT LOTS 5,976,723 N/A 5,976,723 5,976,723
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,501,890 0.8819 5,104,711 4,501,890
D2 - FARM & RANCH IMP 10,904,220 N/A 10,904,220 10,904,220
E - NON-AG LAND AND IMPROVEMENTS 195,197,211 0.9675 201,754,223 195,197,211
F1 - COMMERCIAL REAL 11,957,153 N/A 11,957,153 11,957,153
F2 - INDUSTRIAL REAL 1,566,101 N/A 1,566,101 1,566,101
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 12,679,660 N/A 12,679,660 12,679,660
L1 - COMMERCIAL PERSONAL 3,196,137 N/A 3,196,137 3,196,137
L2 - INDUSTRIAL PERSONAL 3,950,530 N/A 3,950,530 3,950,530
M1 - MOBILE HOMES 4,483,890 N/A 4,483,890 4,483,890
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 6,890 N/A 6,890 6,890
Subtotal 334,922,103 0 345,346,799 334,922,103
Less Total Deductions 126,049,141 0 129,808,544 126,049,141
Total Taxable Value 208,872,962 0 215,538,255 208,872,962

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 246,425,546 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 208,872,962 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 246,425,546 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 208,872,962 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 260,225,546 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 269,425,546 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 216,199,960 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 246,425,546 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 208,872,962 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 246,425,546 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 208,872,962 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 260,225,546 T13 plus the loss to the chapter 313 agreement
T16 269,425,546 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 216,199,960 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 37,552,584 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 13,800,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 9,200,000 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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116-909-02/Wolfe City ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 76,373,728 0.9590 79,638,591 76,373,728
B - MULTIFAMILY 5,472,480 N/A 5,472,480 5,472,480
C1 - VACANT LOTS 5,976,723 N/A 5,976,723 5,976,723
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,289,830 0.8977 5,892,651 5,289,830
D2 - FARM & RANCH IMP 11,339,980 N/A 11,339,980 11,339,980
E - NON-AG LAND AND IMPROVEMENTS 203,798,931 0.9688 210,355,943 203,798,931
F1 - COMMERCIAL REAL 12,546,003 N/A 12,546,003 12,546,003
F2 - INDUSTRIAL REAL 1,566,101 N/A 1,566,101 1,566,101
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 16,770,990 N/A 16,770,990 16,770,990
L1 - COMMERCIAL PERSONAL 3,201,337 N/A 3,201,337 3,201,337
L2 - INDUSTRIAL PERSONAL 4,221,930 N/A 4,221,930 4,221,930
M1 - MOBILE HOMES 4,649,790 N/A 4,649,790 4,649,790
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 6,890 N/A 6,890 6,890
Subtotal 351,214,713 361,639,409 351,214,713
Less Total Deductions 128,513,155 132,272,558 128,513,155
Total Taxable Value 222,701,558 229,366,851 222,701,558

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 261,102,996 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 222,701,558 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 261,102,996 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 222,701,558 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 275,127,996 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 284,477,996 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 230,174,325 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 261,102,996 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 222,701,558 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 261,102,996 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 222,701,558 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 275,127,996 T13 plus the loss to the chapter 313 agreement
T16 284,477,996 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 230,174,325 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 38,401,438 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 14,025,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 9,350,000 Loss to Second Previous Homestead Increase

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