taxes Property Tax Assistance

2024 ISD Summary Worksheet

Wells ISD (all splits)   Angelina County   Cherokee County  

003-Angelina/Angelina County

037-909/Wells ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 2,445,340 N/A 2,445,340 2,445,340
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 314,033 N/A 314,033 314,033
D2 - FARM & RANCH IMP 720,000 N/A 720,000 720,000
E - NON-AG LAND AND IMPROVEMENTS 3,301,430 N/A 3,301,430 3,301,430
F1 - COMMERCIAL REAL 1,131,010 N/A 1,131,010 1,131,010
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 145,383 N/A 145,383 145,383
J - ALL UTILITIES 4,795,410 N/A 4,795,410 4,795,410
L1 - COMMERCIAL PERSONAL 501,510 N/A 501,510 501,510
L2 - INDUSTRIAL PERSONAL 1,392,430 N/A 1,392,430 1,392,430
M1 - MOBILE HOMES 510,190 N/A 510,190 510,190
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 15,483,906 0 15,483,906 15,483,906
Less Total Deductions 4,313,973 0 4,313,973 4,313,973
Total Taxable Value 11,169,933 0 11,169,933 11,169,933

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's office 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 school 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 12,321,333 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 11,169,933 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 12,321,333 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 11,169,933 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 12,726,333 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 12,996,333 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 11,629,717 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 12,321,333 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 11,169,933 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 12,321,333 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 11,169,933 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 12,726,333 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 12,996,333 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 11,629,717 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 1,151,400 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 405,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 270,000 Loss to the third most recent increase in the state-mandated homestead exemption

THE SDPVS 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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037-Cherokee/Cherokee County

037-909/Wells ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 37,302,700 N/A 37,302,700 37,302,700
B - MULTIFAMILY 616,701 N/A 616,701 616,701
C1 - VACANT LOTS 1,557,190 N/A 1,557,190 1,557,190
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 7,637,101 N/A 7,637,101 7,637,101
D2 - FARM & RANCH IMP 4,028,820 N/A 4,028,820 4,028,820
E - NON-AG LAND AND IMPROVEMENTS 72,057,980 N/A 72,057,980 72,057,980
F1 - COMMERCIAL REAL 4,435,330 N/A 4,435,330 4,435,330
F2 - INDUSTRIAL REAL 1,306,200 N/A 1,306,200 1,306,200
G - ALL MINERALS 4,710,600 N/A 4,710,600 4,710,600
J - ALL UTILITIES 22,455,470 N/A 22,455,470 22,455,470
L1 - COMMERCIAL PERSONAL 2,867,150 N/A 2,867,150 2,867,150
L2 - INDUSTRIAL PERSONAL 11,279,410 N/A 11,279,410 11,279,410
M1 - MOBILE HOMES 3,536,220 N/A 3,536,220 3,536,220
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 173,790,872 0 173,790,872 173,790,872
Less Total Deductions 57,060,987 0 57,060,987 57,060,987
Total Taxable Value 116,729,885 0 116,729,885 116,729,885

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's office 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 school 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 129,911,307 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 116,729,885 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 129,911,307 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 116,729,885 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 136,466,307 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 140,836,307 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 118,473,731 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 129,911,307 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 116,729,885 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 129,911,307 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 116,729,885 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 136,466,307 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 140,836,307 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 118,473,731 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 13,181,422 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 6,555,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 4,370,000 Loss to the third most recent increase in the state-mandated homestead exemption

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


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037-909-02/Wells ISD



Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 39,748,040 N/A 39,748,040 39,748,040
B - MULTIFAMILY 616,701 N/A 616,701 616,701
C1 - VACANT LOTS 1,784,360 N/A 1,784,360 1,784,360
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 7,951,134 N/A 7,951,134 7,951,134
D2 - FARM & RANCH IMP 4,748,820 N/A 4,748,820 4,748,820
E - NON-AG LAND AND IMPROVEMENTS 75,359,410 N/A 75,359,410 75,359,410
F1 - COMMERCIAL REAL 5,566,340 N/A 5,566,340 5,566,340
F2 - INDUSTRIAL REAL 1,306,200 N/A 1,306,200 1,306,200
G - ALL MINERALS 4,855,983 N/A 4,855,983 4,855,983
J - ALL UTILITIES 27,250,880 N/A 27,250,880 27,250,880
L1 - COMMERCIAL PERSONAL 3,368,660 N/A 3,368,660 3,368,660
L2 - INDUSTRIAL PERSONAL 12,671,840 N/A 12,671,840 12,671,840
M1 - MOBILE HOMES 4,046,410 N/A 4,046,410 4,046,410
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 189,274,778 189,274,778 189,274,778
Less Total Deductions 61,374,960 61,374,960 61,374,960
Total Taxable Value 127,899,818 127,899,818 127,899,818

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's office 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 school 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 142,232,640 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 127,899,818 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 142,232,640 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 127,899,818 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 149,192,640 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 153,832,640 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 130,103,448 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 142,232,640 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 127,899,818 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 142,232,640 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 127,899,818 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 149,192,640 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 153,832,640 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 130,103,448 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 14,332,822 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 6,960,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 4,640,000 Loss to the third most recent increase in the state-mandated homestead exemption

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