taxes Property Tax Assistance

2024 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 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 1,519,200 N/A 1,519,200 1,519,200
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 721,480 N/A 721,480 721,480
D2 - FARM & RANCH IMP 519,400 N/A 519,400 519,400
E - NON-AG LAND AND IMPROVEMENTS 8,628,350 N/A 8,628,350 8,628,350
F1 - COMMERCIAL REAL 212,260 N/A 212,260 212,260
F2 - INDUSTRIAL REAL 453,450 N/A 453,450 453,450
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 3,832,290 N/A 3,832,290 3,832,290
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 165,300 N/A 165,300 165,300
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 16,328,330 0 16,328,330 16,328,330
Less Total Deductions 2,574,281 0 2,574,281 2,574,281
Total Taxable Value 13,754,049 0 13,754,049 13,754,049

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 14,654,049 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 13,754,049 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 14,654,049 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 13,754,049 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 14,879,049 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 15,029,049 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 13,988,936 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 14,654,049 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 13,754,049 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 14,654,049 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 13,754,049 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 14,879,049 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 15,029,049 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 13,988,936 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 900,000 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 225,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 150,000 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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116-Hunt/Hunt County

116-909/Wolfe City ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 81,760,333 N/A 81,760,333 81,760,333
B - MULTIFAMILY 6,121,470 N/A 6,121,470 6,121,470
C1 - VACANT LOTS 7,001,760 N/A 7,001,760 7,001,760
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,696,380 N/A 4,696,380 4,696,380
D2 - FARM & RANCH IMP 8,841,007 N/A 8,841,007 8,841,007
E - NON-AG LAND AND IMPROVEMENTS 208,830,058 N/A 208,830,058 208,830,058
F1 - COMMERCIAL REAL 14,015,248 N/A 14,015,248 14,015,248
F2 - INDUSTRIAL REAL 1,550,900 N/A 1,550,900 1,550,900
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 27,518,440 N/A 27,518,440 27,518,440
L1 - COMMERCIAL PERSONAL 4,832,464 N/A 4,832,464 4,832,464
L2 - INDUSTRIAL PERSONAL 4,485,420 N/A 4,485,420 4,485,420
M1 - MOBILE HOMES 4,656,200 N/A 4,656,200 4,656,200
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 1,470 N/A 1,470 1,470
Subtotal 374,311,150 0 374,311,150 374,311,150
Less Total Deductions 127,960,097 0 127,960,097 127,960,097
Total Taxable Value 246,351,053 0 246,351,053 246,351,053

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 286,091,590 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 246,351,053 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 286,091,590 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 246,351,053 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 299,981,590 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 309,241,590 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 263,050,287 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 286,091,590 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 246,351,053 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 286,091,590 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 246,351,053 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 299,981,590 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 309,241,590 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 263,050,287 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 39,740,537 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 13,890,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 9,260,000 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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116-909-02/Wolfe City ISD



Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 83,279,533 N/A 83,279,533 83,279,533
B - MULTIFAMILY 6,121,470 N/A 6,121,470 6,121,470
C1 - VACANT LOTS 7,001,760 N/A 7,001,760 7,001,760
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,417,860 N/A 5,417,860 5,417,860
D2 - FARM & RANCH IMP 9,360,407 N/A 9,360,407 9,360,407
E - NON-AG LAND AND IMPROVEMENTS 217,458,408 N/A 217,458,408 217,458,408
F1 - COMMERCIAL REAL 14,227,508 N/A 14,227,508 14,227,508
F2 - INDUSTRIAL REAL 2,004,350 N/A 2,004,350 2,004,350
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 31,350,730 N/A 31,350,730 31,350,730
L1 - COMMERCIAL PERSONAL 4,837,664 N/A 4,837,664 4,837,664
L2 - INDUSTRIAL PERSONAL 4,756,820 N/A 4,756,820 4,756,820
M1 - MOBILE HOMES 4,821,500 N/A 4,821,500 4,821,500
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 1,470 N/A 1,470 1,470
Subtotal 390,639,480 390,639,480 390,639,480
Less Total Deductions 130,534,378 130,534,378 130,534,378
Total Taxable Value 260,105,102 260,105,102 260,105,102

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 300,745,639 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 260,105,102 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 300,745,639 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 260,105,102 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 314,860,639 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 324,270,639 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 277,039,223 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 300,745,639 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 260,105,102 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 300,745,639 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 260,105,102 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 314,860,639 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 324,270,639 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 277,039,223 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 40,640,537 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 14,115,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 9,410,000 Loss to the third most recent increase in the state-mandated homestead exemption

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