taxes Property Tax Assistance

2024 ISD Summary Worksheet

Wheeler ISD (all splits)   Gray County   Wheeler County  

090-Gray/Gray County

242-903/Wheeler ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 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 114,733 N/A 114,733 114,733
D2 - FARM & RANCH IMP 1,530 N/A 1,530 1,530
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 183,250 N/A 183,250 183,250
J - ALL UTILITIES 739,160 N/A 739,160 739,160
L1 - COMMERCIAL PERSONAL 0 N/A 0 0
L2 - INDUSTRIAL PERSONAL 2,630 N/A 2,630 2,630
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 1,137,093 0 1,137,093 1,137,093
Less Total Deductions 35,162 0 35,162 35,162
Total Taxable Value 1,101,931 0 1,101,931 1,101,931

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 1,101,931 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,101,931 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 1,101,931 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,101,931 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,101,931 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 1,106,461 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 1,101,931 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 1,101,931 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,101,931 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 1,101,931 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,101,931 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,101,931 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 1,106,461 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 1,101,931 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 0 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 0 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 4,530 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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242-Wheeler/Wheeler County

242-903/Wheeler ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 55,977,910 0.9643 58,050,306 55,977,910
B - MULTIFAMILY 1,583,880 N/A 1,583,880 1,583,880
C1 - VACANT LOTS 288,910 N/A 288,910 288,910
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 6,262,271 1.0359 6,045,332 6,262,271
D2 - FARM & RANCH IMP 2,552,070 N/A 2,552,070 2,552,070
E - NON-AG LAND AND IMPROVEMENTS 28,823,550 0.6929 41,598,427 28,823,550
F1 - COMMERCIAL REAL 14,483,820 N/A 14,483,820 14,483,820
F2 - INDUSTRIAL REAL 3,386,800 N/A 3,386,800 3,386,800
G - ALL MINERALS 83,339,320 1.0012 83,239,433 83,339,320
J - ALL UTILITIES 81,927,150 0.9504 86,202,809 81,927,150
L1 - COMMERCIAL PERSONAL 3,685,820 N/A 3,685,820 3,685,820
L2 - INDUSTRIAL PERSONAL 6,694,730 N/A 6,694,730 6,694,730
M1 - MOBILE HOMES 1,770,060 N/A 1,770,060 1,770,060
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 785,720 N/A 785,720 785,720
Subtotal 291,562,011 0 310,368,117 291,562,011
Less Total Deductions 49,545,414 0 50,277,420 49,545,414
Total Taxable Value 242,016,597 0 260,090,697 242,016,597

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 257,954,807 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 242,016,597 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 257,954,807 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 242,016,597 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 264,404,807 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 268,704,807 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 246,108,369 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 257,954,807 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 242,016,597 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 257,954,807 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 242,016,597 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 264,404,807 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 268,704,807 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 246,108,369 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 15,938,210 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 6,450,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 4,300,000 Loss to the third most recent increase in the state-mandated homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR TWO OF THE GRACE PERIOD.


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242-903-02/Wheeler ISD



Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 55,977,910 0.9643 58,050,306 55,977,910
B - MULTIFAMILY 1,583,880 N/A 1,583,880 1,583,880
C1 - VACANT LOTS 288,910 N/A 288,910 288,910
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 6,377,004 1.0352 6,160,065 6,377,004
D2 - FARM & RANCH IMP 2,553,600 N/A 2,553,600 2,553,600
E - NON-AG LAND AND IMPROVEMENTS 28,919,340 0.6936 41,694,217 28,919,340
F1 - COMMERCIAL REAL 14,483,820 N/A 14,483,820 14,483,820
F2 - INDUSTRIAL REAL 3,386,800 N/A 3,386,800 3,386,800
G - ALL MINERALS 83,522,570 1.0012 83,422,683 83,522,570
J - ALL UTILITIES 82,666,310 0.9508 86,941,969 82,666,310
L1 - COMMERCIAL PERSONAL 3,685,820 N/A 3,685,820 3,685,820
L2 - INDUSTRIAL PERSONAL 6,697,360 N/A 6,697,360 6,697,360
M1 - MOBILE HOMES 1,770,060 N/A 1,770,060 1,770,060
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 785,720 N/A 785,720 785,720
Subtotal 292,699,104 311,505,210 292,699,104
Less Total Deductions 49,580,576 50,312,582 49,580,576
Total Taxable Value 243,118,528 261,192,628 243,118,528

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 259,056,738 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 243,118,528 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 259,056,738 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 243,118,528 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 265,506,738 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 269,811,268 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 247,210,300 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 259,056,738 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 243,118,528 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 259,056,738 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 243,118,528 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 265,506,738 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 269,811,268 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 247,210,300 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 15,938,210 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 6,450,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 4,304,530 Loss to the third most recent increase in the state-mandated homestead exemption

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